Pegasus Hotels of Ceylon PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 161.033 million compared to LKR 170.718 million a year ago. Operating loss was LKR 12.713 million compared to operating Income of LKR 13.678 million a year ago. Net loss was LKR 10.739 million compared to net income of LKR 22.753 million a year ago. Basic loss per share was LKR 0.35 compared to basic earnings per share of LKR 0.75 a year ago. For the nine months, sales was LKR 442.556 million compared to LKR 486.580 million a year ago. Operating loss was LKR 44.800 million compared to operating Income of LKR 31.817 million a year ago. Net loss was LKR 37.366 million compared to net income of LKR 54.757 million a year ago. Basic loss per share was LKR 1.23 compared to basic earnings per share of LKR 1.8 a year ago.