Colombo Dockyard PLC reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was LKR 6,711.81 million compared to LKR 7,029.28 million a year ago. Net loss was LKR 859.27 million compared to LKR 1,233.3 million a year ago. Basic loss per share from continuing operations was LKR 11.96 compared to LKR 17.16 a year ago.
For the full year, sales was LKR 25,554.38 million compared to LKR 36,167.62 million a year ago. Net loss was LKR 2,488.3 million compared to LKR 11,023.64 million a year ago. Basic loss per share from continuing operations was LKR 34.63 compared to LKR 153.41 a year ago.
Colombo Dockyard PLC (CDPLC) is a Sri Lanka-based ship repairs, shipbuilding and heavy engineering, and offshore engineering facility company. The Company’s segments include Ship repair, Ship building, Heavy engineering, and Material and other sales. Ship repair segment include tankers, general cargo, container carriers, passenger vessels, fishing trawlers, tugs, LPG tankers, dredgers, naval vessels, cement carriers, offshore support/ supply vessels, barge, bulk carriers, research vessel, and others. Ship building segment include specialized vessels, passenger vessels, bulk carries, cable laying vessels, and launching vessels. Heavy engineering segment include heavy fabrication, services, repairs and maintenance, and power generation. Its ship repairs services include airless spray painting, lignum, load line inspection, and overhauling and installation of undersea fitting. Its subsidiaries include Dockyard General Engineering Services (Pvt) Ltd and Dockyard Total Solutions (Pvt) Ltd.
