Palm Garden Hotels PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 217.447 million compared to LKR 301.914 million a year ago. Net loss was LKR 272.016 million compared to LKR 239.564 million a year ago. Basic loss per share was LKR 6.29 compared to LKR 5.54 a year ago. For the half year, sales was LKR 390.277 million compared to LKR 521.135 million a year ago. Net loss was LKR 546.154 million compared to LKR 454.694 million a year ago. Basic loss per share was LKR 12.62 compared to LKR 10.51 a year ago.