Mahaweli Reach Hotels PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 121.454 million compared to LKR 177.010 million a year ago. Net loss was LKR 28.095 million compared to net income of LKR 12.508 million a year ago. Basic loss per share was LKR 0.6 compared to basic earnings per share of LKR 0.27 a year ago. For the full year, sales was LKR 400.223 million compared to LKR 598.408 million a year ago. Net loss was LKR 145.378 million compared to LKR 41.255 million a year ago. Basic loss per share was LKR 3.09 compared to LKR 0.88 a year ago.