Colombo City Holdings PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 17.48 million compared to LKR 25.88 million a year ago. Net income was LKR 39.41 million compared to LKR 7.51 million a year ago. Basic earnings per share from continuing operations was LKR 1.55 compared to LKR 0.295 a year ago.
For the nine months, sales was LKR 61.29 million compared to LKR 62.54 million a year ago. Net income was LKR 214.81 million compared to LKR 47.23 million a year ago. Basic earnings per share from continuing operations was LKR 8.44 compared to LKR 1.8555 a year ago.