Hela Apparel Holdings PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 17,171.91 million compared to LKR 28,156.46 million a year ago. Net loss was LKR 2,648.16 million compared to net income of LKR 493.21 million a year ago. Basic loss per share from continuing operations was LKR 2.01 compared to basic earnings per share from continuing operations of LKR 0.38 a year ago.
For the six months, sales was LKR 34,165.28 million compared to LKR 52,560.87 million a year ago. Net loss was LKR 4,599.19 million compared to net income of LKR 736.59 million a year ago. Basic loss per share from continuing operations was LKR 3.49 compared to basic earnings per share from continuing operations of LKR 0.56 a year ago.