Royal Palms Beach Hotels PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 193.35 million compared to LKR 73.07 million a year ago. Net loss was LKR 3.59 million compared to LKR 67.48 million a year ago. Basic loss per share from continuing operations was LKR 0.07 compared to LKR 1.35 a year ago.
For the six months, sales was LKR 340.91 million compared to LKR 200.85 million a year ago. Net loss was LKR 46.94 million compared to LKR 51.47 million a year ago. Basic loss per share from continuing operations was LKR 0.94 compared to LKR 1.03 a year ago.