Union Bank of Colombo PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was LKR 1,648.6 million compared to LKR 1,286.77 million a year ago. Net loss was LKR 27.1 million compared to net income of LKR 186.67 million a year ago. Basic loss per share from continuing operations was LKR 0.03 compared to basic earnings per share from continuing operations of LKR 0.17 a year ago. Diluted loss per share from continuing operations was LKR 0.03 compared to diluted earnings per share from continuing operations of LKR 0.17 a year ago.
For the six months, net interest income was LKR 3,056.38 million compared to LKR 2,509.96 million a year ago. Net income was LKR 209.7 million compared to LKR 483.73 million a year ago. Basic earnings per share from continuing operations was LKR 0.19 compared to LKR 0.45 a year ago. Diluted earnings per share from continuing operations was LKR 0.19 compared to LKR 0.45 a year ago.