Royal Palms Beach Hotels PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was LKR 7.008 million compared to LKR 87.698 million a year ago. Net loss was LKR 50.478 million compared to LKR 24.818 million a year ago. Basic loss per share was LKR 1.01 compared to LKR 0.5 a year ago.