Palm Garden Hotels PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 296.14 million compared to LKR 140.68 million a year ago. Net loss was LKR 1,125.04 million compared to LKR 418 million a year ago. Basic loss per share from continuing operations was LKR 26 compared to LKR 9.66 a year ago.
For the six months, sales was LKR 751.53 million compared to LKR 472.74 million a year ago. Net loss was LKR 2,141.78 million compared to LKR 787.15 million a year ago. Basic loss per share from continuing operations was LKR 49.5 compared to LKR 18.19 a year ago.