Colombo City Holdings 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 25.88 million compared to LKR 9.25 million a year ago. Net income was LKR 7.5 million compared to LKR 46.48 million a year ago. Basic earnings per share from continuing operations was LKR 0.295 compared to LKR 1.8255 a year ago.
For the nine months, sales was LKR 62.54 million compared to LKR 602.6 million a year ago. Net income was LKR 47.23 million compared to LKR 85.68 million a year ago. Basic earnings per share from continuing operations was LKR 1.8555 compared to LKR 3.3655 a year ago.