City Lodge Hotels Limited reported earnings results for the half year ended December 31, 2022. For the half year, the company reported sales was ZAR 847.64 million compared to ZAR 436.01 million a year ago. Net income was ZAR 97.9 million compared to net loss of ZAR 33.75 million a year ago.

Basic earnings per share from continuing operations was ZAR 0.171 compared to basic loss per share from continuing operations of ZAR 0.059 a year ago. Diluted earnings per share from continuing operations was ZAR 0.17 compared to diluted loss per share from continuing operations of ZAR 0.059 a year ago.