Mahaweli Reach Hotels PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was LKR 27.855 million compared to LKR 69.592 million a year ago. Operating loss was LKR 49.367 million compared to LKR 45.854 million a year ago. Net loss was LKR 48.659 million compared to LKR 51.161 million a year ago. Basic loss per share was LKR 1.03 compared to LKR 1.09 a year ago.