Brown and Company 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 16,581.06 million compared to LKR 15,282.18 million a year ago. Net income was LKR 2,623.5 million compared to net loss of LKR 2,725.6 million a year ago. Basic earnings per share from continuing operations was LKR 12.34 compared to basic loss per share from continuing operations of LKR 12.82 a year ago. Diluted earnings per share from continuing operations was LKR 12.34 compared to diluted loss per share from continuing operations of LKR 12.82 a year ago.
For the six months, sales was LKR 38,266.58 million compared to LKR 33,485.73 million a year ago. Net loss was LKR 3,508.1 million compared to net income of LKR 54.57 million a year ago. Basic loss per share from continuing operations was LKR 16.5 compared to basic earnings per share from continuing operations of LKR 0.26 a year ago. Diluted loss per share from continuing operations was LKR 16.5 compared to diluted earnings per share from continuing operations of LKR 0.26 a year ago.