SANASA Development Bank PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was LKR 1,390.31 million compared to LKR 1,712.83 million a year ago. Net loss was LKR 354.45 million compared to net income of LKR 247.86 million a year ago. Basic loss per share from continuing operations was LKR 2.21 compared to basic earnings per share from continuing operations of LKR 2.46 a year ago. Diluted loss per share from continuing operations was LKR 2.21 compared to diluted earnings per share from continuing operations of LKR 2.46 a year ago.
For the nine months, net interest income was LKR 4,833.3 million compared to LKR 4,881.81 million a year ago. Net loss was LKR 276.21 million compared to net income of LKR 750.06 million a year ago. Basic loss per share from continuing operations was LKR 1.72 compared to basic earnings per share from continuing operations of LKR 7.45 a year ago. Diluted loss per share from continuing operations was LKR 1.72 compared to diluted earnings per share from continuing operations of LKR 7.45 a year ago.