The Nuwara Eliya Hotels Company PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 307.68 million compared to LKR 224.43 million a year ago. Net income was LKR 16.96 million compared to LKR 32.46 million a year ago. Basic earnings per share from continuing operations was LKR 7.76 compared to LKR 14.85 a year ago.
For the nine months, sales was LKR 676.39 million compared to LKR 360.43 million a year ago. Net income was LKR 21.77 million compared to net loss of LKR 43.2 million a year ago. Basic earnings per share from continuing operations was LKR 9.96 compared to basic loss per share from continuing operations of LKR 19.76 a year ago.