Ceylon Hotels Corporation 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 311.83 million compared to LKR 235.47 million a year ago. Net loss was LKR 47.5 million compared to net income of LKR 91.64 million a year ago. Basic loss per share from continuing operations was LKR 0.26 compared to basic earnings per share from continuing operations of LKR 0.51 a year ago.
For the nine months, sales was LKR 803.62 million compared to LKR 569.5 million a year ago. Net loss was LKR 140.37 million compared to net income of LKR 708.01 million a year ago. Basic loss per share from continuing operations was LKR 0.78 compared to basic earnings per share from continuing operations of LKR 3.93 a year ago.