Sri Lanka Telecom PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was LKR 26,173 million compared to LKR 26,936 million a year ago. Net loss was LKR 2,118 million compared to net income of LKR 1,959 million a year ago. Basic loss per share from continuing operations was LKR 1.17 compared to basic earnings per share from continuing operations of LKR 1.09 a year ago.
For the six months, sales was LKR 52,727 million compared to LKR 52,937 million a year ago. Net loss was LKR 1,162 million compared to net income of LKR 4,621 million a year ago. Basic loss per share from continuing operations was LKR 0.64 compared to basic earnings per share from continuing operations of LKR 2.56 a year ago.