Serendib Hotels PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was LKR 42.323 million compared to LKR 243.031 million a year ago. Operating loss was LKR 200.134 million compared to LKR 101.535 million a year ago. Net loss was LKR 160.905 million compared to LKR 82.474 million a year ago. Basic loss per share was LKR 1.44 compared to LKR 0.74 a year ago.