Renuka Hotels PLC Reports Group and Company Earnings Results for the First Quarter Ended June 30, 2019
Renuka Hotels PLC reported group and company earnings results for the first quarter ended June 30, 2019. For the quarter, on group basis, revenue was LKR 47,745,000 against LKR 102,807,000 a year ago. Profit from operations was LKR 11,946,000 against LKR 62,707,000 a year ago. Profit for the period was LKR 79,351,000 against LKR 174,588,000 a year ago. Basic earnings per share were LKR 1.43 against LKR 3.22 a year ago.
For the quarter, on company basis, revenue was LKR 24,020,000 against LKR 47,602,000 a year ago. Profit from operations was LKR 10,925,000 against LKR 29,337,000 a year ago. Profit for the period was LKR 22,069,000 against LKR 55,403,000 a year ago. Basic earnings per share were LKR 0.55 against LKR 1.37 a year ago.