Palm Garden Hotels PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 3,115.9 million compared to LKR 1,015.48 million a year ago. Net loss was LKR 3,829.22 million compared to LKR 1,518.32 million a year ago. Basic loss per share from continuing operations was LKR 8.05 compared to LKR 32.32 a year ago.
For the full year, sales was LKR 6,966.64 million compared to LKR 2,258.61 million a year ago. Net loss was LKR 6,901.31 million compared to LKR 5,046.13 million a year ago. Basic loss per share from continuing operations was LKR 30.98 compared to LKR 107.42 a year ago.