The Kandy Hotels Co. 1938 PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 110.092 million compared to LKR 192.247 million a year ago. Operating income was LKR 12.161 million compared to LKR 73.175 million a year ago. Net loss was LKR 14.873 million compared to net income of LKR 28.975 million a year ago. Basic loss per share was LKR 0.03 compared to basic earnings per share of LKR 0.05 a year ago. For the half year, sales was LKR 184.851 million compared to LKR 304.290 million a year ago. Operating loss was LKR 6.416 million compared to operating Income of LKR 82.376 million a year ago. Net loss was LKR 53.269 million compared to net income of LKR 13.129 million a year ago. Basic loss per share was LKR 0.09 compared to basic earnings per share of LKR 0.02 a year ago.