LVL Energy Fund PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 139.89 million compared to LKR 75.88 million a year ago. Revenue was LKR 147.55 million compared to LKR 81.2 million a year ago. Net loss was LKR 115.97 million compared to net income of LKR 1,680.23 million a year ago. Basic loss per share from continuing operations was LKR 0.2 compared to basic earnings per share from continuing operations of LKR 2.89 a year ago.
For the nine months, sales was LKR 305.03 million compared to LKR 225.02 million a year ago. Revenue was LKR 325.91 million compared to LKR 241.37 million a year ago. Net loss was LKR 49.72 million compared to net income of LKR 142.4 million a year ago. Basic loss per share from continuing operations was LKR 0.09 compared to basic earnings per share from continuing operations of LKR 0.24 a year ago.