Sri Lanka Telecom PLC reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was LKR 25,979 million compared to LKR 28,099 million a year ago. Net loss was LKR 1,219 million compared to LKR 1,291 million a year ago. Basic loss per share from continuing operations was LKR 0.68 compared to LKR 0.72 a year ago.
For the full year, sales was LKR 106,418 million compared to LKR 107,710 million a year ago. Net loss was LKR 3,925 million compared to net income of LKR 4,758 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 2.64 a year ago.