The Colombo Fort Land & Building 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 20,079.64 million compared to LKR 19,701.76 million a year ago. Net income was LKR 187.27 million compared to net loss of LKR 138.06 million a year ago. Basic earnings per share from continuing operations was LKR 0.78 compared to basic loss per share from continuing operations of LKR 0.58 a year ago.
For the full year, sales was LKR 75,517.6 million compared to LKR 77,080.85 million a year ago. Net loss was LKR 134.86 million compared to net income of LKR 2,368.36 million a year ago. Basic loss per share from continuing operations was LKR 0.56 compared to basic earnings per share from continuing operations of LKR 9.87 a year ago.