Hela Apparel Holdings PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 21,750.69 million compared to LKR 15,021.45 million a year ago. Net loss was LKR 1,683.83 million compared to net income of LKR 452.2 million a year ago. Basic loss per share from continuing operations was LKR 1.29 compared to basic earnings per share from continuing operations of LKR 0.44 a year ago.
For the nine months, sales was LKR 74,478.79 million compared to LKR 41,386.8 million a year ago. Net loss was LKR 886.88 million compared to net income of LKR 976.11 million a year ago. Basic loss per share from continuing operations was LKR 0.6 compared to basic earnings per share from continuing operations of LKR 0.91 a year ago.