Millennium Housing Developers 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 65.72 million compared to LKR 309.73 million a year ago. Net loss was LKR 23.95 million compared to net income of LKR 32.84 million a year ago. Basic loss per share from continuing operations was LKR 0.18 compared to basic earnings per share from continuing operations of LKR 0.24 a year ago.
For the nine months, sales was LKR 282.2 million compared to LKR 673.3 million a year ago. Net loss was LKR 62.96 million compared to net income of LKR 57.98 million a year ago. Basic loss per share from continuing operations was LKR 0.47 compared to basic earnings per share from continuing operations of LKR 0.43 a year ago.