Pegasus Hotels of Ceylon PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 262.8 million compared to LKR 202.53 million a year ago. Net loss was LKR 1.78 million compared to net income of LKR 16.61 million a year ago. Basic loss per share from continuing operations was LKR 0.04 compared to basic earnings per share from continuing operations of LKR 0.49 a year ago.
For the nine months, sales was LKR 651.69 million compared to LKR 560.22 million a year ago. Net loss was LKR 72.77 million compared to LKR 33.79 million a year ago. Basic loss per share from continuing operations was LKR 1.95 compared to LKR 1.06 a year ago.