LVL Energy Fund PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 78.91 million compared to LKR 145.84 million a year ago. Revenue was LKR 88.91 million compared to LKR 157.52 million a year ago. Net loss was LKR 1,264.22 million compared to net income of LKR 220.1 million a year ago. Basic loss per share from continuing operations was LKR 2.17 compared to basic earnings per share from continuing operations of LKR 0.38 a year ago.
For the six months, sales was LKR 149.14 million compared to LKR 250.71 million a year ago. Revenue was LKR 160.17 million compared to LKR 266.08 million a year ago. Net loss was LKR 1,537.83 million compared to net income of LKR 421.96 million a year ago. Basic loss per share from continuing operations was LKR 2.64 compared to basic earnings per share from continuing operations of LKR 0.72 a year ago.