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Lanka Ventures PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 83.19 million compared to LKR 78.91 million a year ago. Revenue was LKR 92.03 million compared to LKR 92.59 million a year ago. Net income was LKR 82.45 million compared to net loss of LKR 723.82 million a year ago. Basic earnings per share from continuing operations was LKR 1.65 compared to basic loss per share from continuing operations of LKR 14.48 a year ago.For the six months, sales was LKR 165.14 million compared to LKR 149.14 million a year ago. Revenue was LKR 182.98 million compared to LKR 164.03 million a year ago. Net income was LKR 43.09 million compared to net loss of LKR 885.08 million a year ago. Basic earnings per share from continuing operations was LKR 0.86 compared to basic loss per share from continuing operations of LKR 17.7 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 92.03 | 90.95 | 63.55 | |
Gross Profit | 94.53 | 45.21 | 49.29 | 28.48 |
Operating Income | 82.86 | 29 | 33.36 | 11.81 |
Net Income | -59.78 | 82.45 | -102.26 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 9742.91 | 9675.75 | 9665.42 | 10269.02 |
Total Liabilities | 3780.32 | 3780.04 | 3765.74 | 3730.83 |
Total Equity | 5962.58 | 5895.71 | 6538.19 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 17.66 | 21.31 | 91.83 | |
Cash From Investing Activities | 44.89 | 5.28 | -18.59 | |
Cash From Financing Activities | -8.2 | -68.33 | 10.14 | |
Net Change in Cash | 54.35 | -41.73 | 83.38 |
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