Mahaweli Reach Hotels PLC announced earnings results for the first quarter ended June 30, 2019. For the first quarter, the company announced sales was LKR 69.592 million compared to LKR 97.071 million a year ago. Operating loss was LKR 45.854 million compared to LKR 38.685 million a year ago. Net loss was LKR 51.161 million compared to LKR 44.245 million a year ago. Basic loss per share was LKR 1.09 compared to LKR 0.94 a year ago.