Merchant Bank of Sri Lanka & Finance PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was LKR 548.45 million compared to LKR 317.04 million a year ago. Net income was LKR 240.2 million compared to net loss of LKR 3.54 million a year ago. Basic earnings per share from continuing operations was LKR 0.46 compared to basic loss per share from continuing operations of LKR 0.01 a year ago.
For the nine months, net interest income was LKR 1,460.8 million compared to LKR 1,614.42 million a year ago. Net loss was LKR 26.55 million compared to LKR 260.97 million a year ago. Basic loss per share from continuing operations was LKR 0.05 compared to LKR 0.5 a year ago.