SWREL registers a net loss of Rs 4.29 billion

Sterling and Wilson Renewable Energy Limited (SWREL) has recorded a consolidated total income of Rs 15.02billion for the quarter ended December 2021, an increase of 11.5per cent from Rs 13.48 billion recorded in the same quarter of previous year.

The company has recorded a net loss of Rs 4.29 billion in the quarter ended December 2021, as against a profit of Rs 0.22billion during quarter ended December 2020. The total expenses stood at Rs 19.19 billion for the quarter ended December 2021.