Serendib Engineering Group 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 11.82 million compared to LKR 13.25 million a year ago. Net loss was LKR 11.51 million compared to LKR 15.15 million a year ago. Basic loss per share from continuing operations was LKR 0.36 compared to LKR 0.47 a year ago.
For the nine months, sales was LKR 67.21 million compared to LKR 41.72 million a year ago. Net loss was LKR 37.66 million compared to LKR 45.79 million a year ago. Basic loss per share from continuing operations was LKR 1.16 compared to LKR 1.41 a year ago.