The Lighthouse Hotel 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 357.75 million compared to LKR 195.18 million a year ago. Net income was LKR 53.31 million compared to net loss of LKR 27.61 million a year ago. Basic earnings per share from continuing operations was LKR 1.16 compared to basic loss per share from continuing operations of LKR 0.6 a year ago.
For the nine months, sales was LKR 847.64 million compared to LKR 482.54 million a year ago. Net income was LKR 60.25 million compared to net loss of LKR 115.34 million a year ago. Basic earnings per share from continuing operations was LKR 1.31 compared to basic loss per share from continuing operations of LKR 2.51 a year ago.