Pegasus Hotels of Ceylon PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 174.014 million compared to LKR 170.434 million a year ago. Operating income was LKR 2.792 million compared to LKR 15.043 million a year ago. Net income was LKR 3.348 million compared to LKR 22.390 million a year ago. Basic earnings per share was LKR 0.11 compared to LKR 0.74 a year ago. For the half year, sales was LKR 281.523 million compared to LKR 315.862 million a year ago. Operating loss was LKR 32.087 million compared to operating Income of LKR 18.139 million a year ago. Net loss was LKR 26.627 million compared to net income of LKR 32.004 million a year ago. Basic loss per share was LKR 0.88 compared to basic earnings per share of LKR 1.05 a year ago.