Mercantile Investments and Finance PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net income was LKR 110.27 million compared to net loss of LKR 19.8 million a year ago. Basic earnings per share from continuing operations was LKR 36.68 compared to basic loss per share from continuing operations of LKR 6.59 a year ago.
For the six months, net income was LKR 140.58 million compared to LKR 9.49 million a year ago. Basic earnings per share from continuing operations was LKR 46.76 compared to LKR 3.16 a year ago.