Palm Garden Hotels PLC announced unaudited group and company earnings results for the second quarter and six months ended September 30, 2017. For the quarter, on group basis reported revenue of LKR 320.006 million compared to LKR 214.422 million a year ago. Loss before income tax expense was LKR 246.028 million compared to LKR 105.098 million a year ago. Loss attributable to equity holders of the company was LKR 133.430 million compared to LKR 65.749 million a year ago. Loss per share based on PAT was LKR 3.08 compared to LKR 1.52 a year ago. For the six months, on group basis reported revenue was LKR 543.321 million compared to LKR 375.039 million a year ago. Loss before income tax expense was LKR 506.790 million compared to LKR 252.167 million a year ago. Loss attributable to equity holders of the company was LKR 264.745 million compared to LKR 145.767 million a year ago. Loss per share based on PAT was LKR 6.12 compared to LKR 3.37 a year ago. Net cash used in operating activities was LKR 555.978 million compared to LKR 676.971 million a year ago. Acquisition of property, plant and equipment was LKR 650.263 million compared to LKR 747.141 million a year ago. For the quarter, on company basis reported loss before income tax expense of LKR 39.928 million compared to LKR 31.904 million a year ago. Loss attributable to equity holders of the company was LKR 39.928 million compared to LKR 31.904 million a year ago. Loss per share based on PAT was LKR 0.92 compared to LKR 0.74 a year ago. For the six months, on company basis reported loss before income tax expense of LKR 77.460 million compared to LKR 53.975 million a year ago. Loss attributable to equity holders of the company was LKR 77.460 million compared to LKR 53.975 million a year ago. Loss per share based on PAT was LKR 1.79 compared to LKR 1.25 a year ago. Net cash used in operating activities was LKR 2.661 million compared to LKR 2.003 million a year ago.