Bogala Graphite Lanka PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was LKR 404.28 million compared to LKR 448.43 million a year ago. Net loss was LKR 4.3 million compared to net income of LKR 231.95 million a year ago. Basic loss per share from continuing operations was LKR 0.05 compared to basic earnings per share from continuing operations of LKR 2.45 a year ago.
For the six months, sales was LKR 757.64 million compared to LKR 760.67 million a year ago. Net loss was LKR 10.52 million compared to net income of LKR 462.94 million a year ago. Basic loss per share from continuing operations was LKR 0.11 compared to basic earnings per share from continuing operations of LKR 4.89 a year ago.