Mahaweli Reach Hotels PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 86.015 million compared to LKR 147.943 million a year ago. Operating loss was LKR 37.550 million compared to operating Income of LKR 4.668 million a year ago. Net loss was LKR 38.543 million compared to LKR 3.391 million a year ago. Basic loss per share was LKR 0.82 compared to LKR 0.07 a year ago. For the half year, sales was LKR 155.735 million compared to LKR 242.866 million a year ago. Operating loss was LKR 84.122 million compared to LKR 32.897 million a year ago. Net loss was LKR 90.423 million compared to LKR 48.620 million a year ago. Basic loss per share was LKR 1.92 compared to LKR 1.03 a year ago.