Merchant Bank of Sri Lanka & Finance PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was LKR 317.04 million compared to LKR 657.49 million a year ago. Net loss was LKR 3.54 million compared to net income of LKR 59.36 million a year ago. Basic loss per share from continuing operations was LKR 0.01 compared to basic earnings per share from continuing operations of LKR 0.35 a year ago.
For the nine months, net interest income was LKR 1,614.42 million compared to LKR 2,018.02 million a year ago. Net loss was LKR 260.97 million compared to net income of LKR 232.6 million a year ago.