Palm Garden Hotels PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 1,014.03 million compared to LKR 296.14 million a year ago. Net loss was LKR 1,114.14 million compared to LKR 1,125.04 million a year ago. Basic loss per share from continuing operations was LKR 25.75 compared to LKR 26 a year ago.
For the six months, sales was LKR 1,780.95 million compared to LKR 751.53 million a year ago. Net loss was LKR 2,363.64 million compared to LKR 2,141.78 million a year ago. Basic loss per share from continuing operations was LKR 54.63 compared to LKR 49.5 a year ago.