Pegasus Hotels of Ceylon PLC announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced sales was LKR 75.469 million compared to LKR 174.014 million a year ago. Operating loss was LKR 49.979 million compared to operating Income of LKR 2.792 million a year ago. Net loss was LKR 45.581 million compared to net income of LKR 3.348 million a year ago. Basic loss per share from continuing operations was LKR 1.5 compared to basic earnings per share from continuing operations of LKR 0.11 a year ago. For the half year, sales was LKR 88.905 million compared to LKR 281.523 million a year ago. Operating loss was LKR 126.742 million compared to LKR 32.087 million a year ago. Net loss was LKR 113.640 million compared to LKR 26.627 million a year ago. Basic loss per share from continuing operations was LKR 3.74 compared to LKR 0.88 a year ago.