Serendib Engineering Group PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 6.04 million compared to LKR 14.05 million a year ago. Net loss was LKR 12.64 million compared to LKR 22.47 million a year ago. Basic loss per share from continuing operations was LKR 0.39 compared to LKR 0.69 a year ago.
For the six months, sales was LKR 14.17 million compared to LKR 55.39 million a year ago. Net loss was LKR 23.17 million compared to LKR 26.15 million a year ago. Basic loss per share from continuing operations was LKR 0.72 compared to LKR 0.81 a year ago.