Myland Developments 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 16.87 million compared to LKR 101.16 million a year ago. Net loss was LKR 0.393924 million compared to net income of LKR 14.45 million a year ago. Basic loss per share from continuing operations was LKR 0.01 compared to basic earnings per share from continuing operations of LKR 0.4 a year ago.
For the six months, sales was LKR 32.39 million compared to LKR 119.35 million a year ago. Net loss was LKR 2.69 million compared to net income of LKR 33 million a year ago. Basic loss per share from continuing operations was LKR 0.07 compared to basic earnings per share from continuing operations of LKR 0.91 a year ago.