Merchant Bank of Sri Lanka & Finance PLC reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net loss was LKR 172.96 million compared to net income of LKR 111.55 million a year ago. Basic loss per share from continuing operations was LKR 0.33 compared to basic earnings per share from continuing operations of LKR 0.43 a year ago.