Brown and Company PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 12,019.22 million compared to LKR 6,779.79 million a year ago. Net loss was LKR 157.61 million compared to net income of LKR 179.62 million a year ago. Basic loss per share from continuing operations was LKR 0.74 compared to basic earnings per share from continuing operations of LKR 0.84 a year ago. Diluted loss per share from continuing operations was LKR 0.74 compared to diluted earnings per share from continuing operations of LKR 0.84 a year ago.
For the nine months, sales was LKR 32,650.65 million compared to LKR 19,402.42 million a year ago. Net loss was LKR 1,010.9 million compared to net income of LKR 14.89 million a year ago. Basic loss per share from continuing operations was LKR 4.75 compared to basic earnings per share from continuing operations of LKR 0.07 a year ago. Diluted loss per share from continuing operations was LKR 4.75 compared to diluted earnings per share from continuing operations of LKR 0.07 a year ago.