Colombo Investment Trust 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 0.735 million compared to LKR 20.3 million a year ago. Net loss was LKR 20.09 million compared to net income of LKR 72.65 million a year ago. Basic loss per share from continuing operations was LKR 2.8359 compared to basic earnings per share from continuing operations of LKR 10.237 a year ago.
For the nine months, sales was LKR 36.24 million compared to LKR 29.12 million a year ago. Net income was LKR 56.04 million compared to LKR 118.06 million a year ago. Basic earnings per share from continuing operations was LKR 7.8952 compared to LKR 16.6401 a year ago.