Palm Garden Hotels PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 455.7 million compared to LKR 387.37 million a year ago. Net loss was LKR 616.4 million compared to LKR 306.43 million a year ago. Basic loss per share from continuing operations was LKR 14.25 compared to LKR 7.08 a year ago.
For the full year, sales was LKR 1,091.92 million compared to LKR 751.34 million a year ago. Net loss was LKR 1,841.13 million compared to LKR 1,113.81 million a year ago. Basic loss per share from continuing operations was LKR 42.55 compared to LKR 25.74 a year ago.