Laugfs Gas PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 7,907.7 million compared to LKR 10,541.44 million a year ago. Net loss was LKR 980.69 million compared to net income of LKR 151.51 million a year ago. Basic loss per share from continuing operations was LKR 2.53 compared to basic earnings per share from continuing operations of LKR 0.39 a year ago.
For the nine months, sales was LKR 28,680.99 million compared to LKR 25,149.17 million a year ago. Net loss was LKR 2,837.18 million compared to net income of LKR 285.7 million a year ago. Basic loss per share from continuing operations was LKR 7.33 compared to basic earnings per share from continuing operations of LKR 0.74 a year ago.