Galadari Hotels Lanka Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was LKR 372.974 million compared to LKR 392.092 million a year ago. Operating loss was LKR 38.120 million compared to LKR 38.892 million a year ago. Net income was LKR 35.785 million compared to net loss of LKR 41.594 million a year ago. Basic earnings per share was LKR 0.07 compared to basic loss per share of LKR 0.08 a year ago. For the full year, sales was LKR 1,336.913 million compared to LKR 1,560.071 million a year ago. Operating loss was LKR 168.105 million compared to operating Income of LKR 30.692 million a year ago. Net income was LKR 121.082 million compared to LKR 217.316 million a year ago. Basic earnings per share was LKR 0.24 compared to LKR 0.43 a year ago.