Browns Beach Hotels PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 245.03 million compared to LKR 212.32 million a year ago. Revenue was LKR 240.12 million compared to LKR 212.32 million a year ago. Net loss was LKR 530.14 million compared to LKR 61.65 million a year ago. Basic loss per share from continuing operations was LKR 4.09 compared to LKR 0.48 a year ago.
For the full year, sales was LKR 668.44 million compared to LKR 422.13 million a year ago. Revenue was LKR 660.08 million compared to LKR 422.13 million a year ago. Net loss was LKR 1,017 million compared to LKR 444.44 million a year ago. Basic loss per share from continuing operations was LKR 7.85 compared to LKR 3.43 a year ago.