Royal Palms Beach Hotels PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 187.318 million compared to LKR 209.814 million a year ago. Net income was LKR 45.740 million compared to LKR 50.711 million a year ago. For the nine months, sales was LKR 370.661 million compared to LKR 482.030 million a year ago. Net loss was LKR 4.247 million compared to net income of LKR 52.575 million a year ago.