LOLC Development Finance PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported net loss was LKR 75.97 million compared to net income of LKR 143.97 million a year ago. Basic loss per share from continuing operations was LKR 0.21 compared to basic earnings per share from continuing operations of LKR 0.61 a year ago.
For the six months, net loss was LKR 33.2 million compared to net income of LKR 206.42 million a year ago. Basic loss per share from continuing operations was LKR 0.09 compared to basic earnings per share from continuing operations of LKR 0.87 a year ago.