LAUGFS Power PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 268.06 million compared to LKR 263.88 million a year ago. Net loss was LKR 6.81 million compared to net income of LKR 98.03 million a year ago. Basic loss per share from continuing operations was LKR 0.02 compared to basic earnings per share from continuing operations of LKR 0.25 a year ago.
For the six months, sales was LKR 518.28 million compared to LKR 528.75 million a year ago. Net income was LKR 32.57 million compared to LKR 193.55 million a year ago. Basic earnings per share from continuing operations was LKR 0.08 compared to LKR 0.5 a year ago.