Palm Garden Hotels PLC reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was LKR 455.39 million compared to LKR 332.06 million a year ago. Net loss was LKR 1,016.75 million compared to LKR 369.15 million a year ago.

Basic loss per share from continuing operations was LKR 23.5 compared to LKR 8.53 a year ago.