LVL Energy Fund 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 75.88 million compared to LKR 143.77 million a year ago. Revenue was LKR 81.2 million compared to LKR 145.84 million a year ago. Net income was LKR 1,680.23 million compared to LKR 51 million a year ago. Basic earnings per share from continuing operations was LKR 2.89 compared to LKR 0.09 a year ago.
For the nine months, sales was LKR 225.02 million compared to LKR 394.48 million a year ago. Revenue was LKR 241.37 million compared to LKR 411.91 million a year ago. Net income was LKR 142.4 million compared to LKR 472.95 million a year ago. Basic earnings per share from continuing operations was LKR 0.24 compared to LKR 0.81 a year ago.