Mahaweli Reach Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 118.3 million compared to LKR 50 million a year ago. Net loss was LKR 10.47 million compared to LKR 44.88 million a year ago. Basic loss per share from continuing operations was LKR 0.22 compared to LKR 0.95 a year ago.
For the nine months, sales was LKR 235.94 million compared to LKR 129.66 million a year ago. Net loss was LKR 106.19 million compared to LKR 138.06 million a year ago. Basic loss per share from continuing operations was LKR 2.26 compared to LKR 2.93 a year ago.