Palm Garden Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 163.49 million compared to LKR 134.63 million a year ago. Net loss was LKR 437.59 million compared to LKR 246.38 million a year ago. Basic loss per share from continuing operations was LKR 10.11 compared to LKR 5.69 a year ago.
For the nine months, sales was LKR 636.22 million compared to LKR 363.97 million a year ago. Net loss was LKR 1,224.73 million compared to LKR 807.38 million a year ago. Basic loss per share from continuing operations was LKR 28.31 compared to LKR 18.66 a year ago.