Millennium Housing Developers PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 27.58 million compared to LKR 276.13 million a year ago. Net loss was LKR 13.98 million compared to net income of LKR 19.56 million a year ago. Basic loss per share from continuing operations was LKR 0.1 compared to basic earnings per share from continuing operations of LKR 0.15 a year ago.
For the full year, sales was LKR 115.28 million compared to LKR 674.72 million a year ago. Net loss was LKR 148.03 million compared to LKR 199.19 million a year ago. Basic loss per share from continuing operations was LKR 1.1 compared to LKR 1.48 a year ago.