Palm Garden Hotels PLC reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 1,015.48 million compared to LKR 455.7 million a year ago. Net loss was LKR 1,375.32 million compared to LKR 616.4 million a year ago.

Basic loss per share from continuing operations was LKR 31.79 compared to LKR 14.25 a year ago.