Lotus Hydro Power PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 69.12 million compared to LKR 73.25 million a year ago. Net loss was LKR 26.41 million compared to net income of LKR 30.39 million a year ago. Basic loss per share from continuing operations was LKR 0.24 compared to basic earnings per share from continuing operations of LKR 0.28 a year ago.
For the nine months, sales was LKR 185.89 million compared to LKR 213.89 million a year ago. Net income was LKR 26.6 million compared to LKR 104.65 million a year ago. Basic earnings per share from continuing operations was LKR 0.24 compared to LKR 0.96 a year ago.