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    PALM.N0000   LK0208N00005

PALM GARDEN HOTELS PLC

(PALM.N0000)
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Palm Garden Hotels plc Reports Earnings Results for the Third Quarter Ended December 31, 2020

02/15/2021 | 10:08am EST

Palm Garden Hotels PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 134.630 million compared to LKR 316.602 million a year ago. Operating loss was LKR 189.473 million compared to LKR 24.375 million a year ago. Net loss was LKR 246.378 million compared to LKR 215.009 million a year ago. Basic loss per share from continuing operations was LKR 5.69 compared to LKR 4.97 a year ago. For the nine months, sales was LKR 363.970 million compared to LKR 706.880 million a year ago. Operating loss was LKR 540.926 million compared to LKR 251.981 million a year ago. Net loss was LKR 807.378 million compared to LKR 761.163 million a year ago. Basic loss per share from continuing operations was LKR 18.66 compared to LKR 17.59 a year ago.


ę S&P Capital IQ 2021
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Financials
Sales 2021 751 M 3,70 M 3,70 M
Net income 2021 -1 114 M -5,49 M -5,49 M
Net Debt 2021 10 770 M 53,1 M 53,1 M
P/E ratio 2021 -1,00x
Yield 2021 -
Capitalization 5 041 M 24,9 M 24,8 M
EV / Sales 2020 8,52x
EV / Sales 2021 15,8x
Nbr of Employees -
Free-Float 25,0%
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Managers and Directors
Waduthantri Dharshan Jayawardena Non-Executive Chairman
Don Soshan Kamantha Amarasekera Independent Director
Jayanta Mootatamby Swaminathan Independent Director
Kalsha Upekha Amarasinghe Non-Executive Director