Serendib Hotels 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 809.61 million compared to LKR 354.63 million a year ago. Net income was LKR 162.52 million compared to net loss of LKR 240.65 million a year ago. Basic earnings per share from continuing operations was LKR 0.36.
For the nine months, sales was LKR 1,803.06 million compared to LKR 871.87 million a year ago. Net income was LKR 178.14 million compared to net loss of LKR 600.57 million a year ago. Basic earnings per share from continuing operations was LKR 0.4.