R I L Property 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 2,497.49 million compared to LKR 3,919.02 million a year ago. Net loss was LKR 617.8 million compared to net income of LKR 309.13 million a year ago. Basic loss per share from continuing operations was LKR 0.77 compared to basic earnings per share from continuing operations of LKR 0.39 a year ago.
For the nine months, sales was LKR 9,757.87 million compared to LKR 11,775.79 million a year ago. Net loss was LKR 593.92 million compared to net income of LKR 842.95 million a year ago. Basic loss per share from continuing operations was LKR 0.74 compared to basic earnings per share from continuing operations of LKR 1.05 a year ago.