Serendib Engineering Group PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 3.29 million compared to LKR 11.82 million a year ago. Net loss was LKR 9.3 million compared to LKR 11.51 million a year ago. Basic loss per share from continuing operations was LKR 0.29 compared to LKR 0.36 a year ago.
For the nine months, sales was LKR 17.46 million compared to LKR 67.21 million a year ago. Net loss was LKR 32.46 million compared to LKR 37.66 million a year ago. Basic loss per share from continuing operations was LKR 1 compared to LKR 1.16 a year ago.