Palm Garden Hotels PLC announced earnings results for the first quarter ended June 30, 2019. For the first quarter, the company announced sales was LKR 172.830 million compared to LKR 219.222 million a year ago. Operating loss was LKR 128.101 million compared to LKR 92.422 million a year ago. Net loss was LKR 274.138 million compared to LKR 215.130 million a year ago. Basic loss per share was LKR 6.34 compared to LKR 4.97 a year ago.