Asian Hotels and Properties PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 2,527.22 million compared to LKR 1,430.39 million a year ago. Net income was LKR 14.8 million compared to net loss of LKR 38.99 million a year ago. Basic earnings per share from continuing operations was LKR 0.03 compared to basic loss per share from continuing operations of LKR 0.09 a year ago.
For the nine months, sales was LKR 5,865.69 million compared to LKR 2,373.19 million a year ago. Net loss was LKR 363.3 million compared to LKR 678.98 million a year ago. Basic loss per share from continuing operations was LKR 0.82 compared to LKR 1.53 a year ago.