Unionb: Union Bank of Colombo PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

Union Bank of Colombo PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was LKR 94.67 million... Union Bank of Colombo PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was LKR 94.67 million compared to LKR 105.68 million a year ago. Basic earnings per share from continuing operations was LKR 0.09 compared to LKR 0.1 a year ago. Diluted earnings per share from continuing operations was LKR 0.09 compared to LKR 0.1 a year ago. For the nine months, net income was LKR 452.37 million compared to LKR 315.38 million a year ago. Basic earnings per share from continuing operations was LKR 0.42 compared to LKR 0.29 a year ago. Diluted earnings per share from continuing operations was LKR 0.42 compared to LKR 0.29 a year ago.