Trans Asia 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 1,270.7 million compared to LKR 1,035.77 million a year ago. Net income was LKR 85.53 million compared to net loss of LKR 177.94 million a year ago. Basic earnings per share from continuing operations was LKR 0.43 compared to basic loss per share from continuing operations of LKR 0.89 a year ago.
For the nine months, sales was LKR 3,310.43 million compared to LKR 2,458.7 million a year ago. Net income was LKR 27.91 million compared to net loss of LKR 345.2 million a year ago. Basic earnings per share from continuing operations was LKR 0.14 compared to basic loss per share from continuing operations of LKR 1.73 a year ago.