Kolos Cement Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MUR 521.73 million compared to MUR 476.88 million a year ago. Net loss was MUR 45.6 million compared to net income of MUR 11.31 million a year ago.

Basic loss per share from continuing operations was MUR 1.69 compared to basic earnings per share from continuing operations of MUR 0.42 a year ago.