Sri Lanka Telecom PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 27,712 million compared to LKR 26,674 million a year ago. Net loss was LKR 1,544 million compared to net income of LKR 1,428 million a year ago. Basic loss per share from continuing operations was LKR 0.86 compared to basic earnings per share from continuing operations of LKR 0.79 a year ago.
For the nine months, sales was LKR 80,439 million compared to LKR 79,611 million a year ago. Net loss was LKR 2,706 million compared to net income of LKR 6,049 million a year ago. Basic loss per share from continuing operations was LKR 1.5 compared to basic earnings per share from continuing operations of LKR 3.35 a year ago.