Browns Beach Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 355.33 million compared to LKR 153.35 million a year ago. Revenue was LKR 349.42 million compared to LKR 149.9 million a year ago. Net loss was LKR 94.99 million compared to LKR 227.85 million a year ago. Basic loss per share from continuing operations was LKR 0.73 compared to LKR 1.76 a year ago.
For the nine months, sales was LKR 802.37 million compared to LKR 423.41 million a year ago. Revenue was LKR 788.4 million compared to LKR 419.96 million a year ago. Net loss was LKR 432.95 million compared to LKR 468.44 million a year ago. Basic loss per share from continuing operations was LKR 3.34 compared to LKR 3.61 a year ago.