Trans Asia Hotels PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 613.407 million compared to LKR 723.798 million a year ago. Operating income was LKR 48.920 million compared to LKR 97.906 million a year ago. Net income was LKR 39.529 million compared to LKR 76.517 million a year ago. Basic earnings per share was LKR 0.2 compared to LKR 0.38 a year ago. For the half year, sales was LKR 978.473 million compared to LKR 1,326.718 million a year ago. Operating loss was LKR 56.997 million compared to operating Income of LKR 138.869 million a year ago. Net loss was LKR 56.026 million compared to net income of LKR 104.684 million a year ago. Basic loss per share was LKR 0.28 compared to basic earnings per share of LKR 0.52 a year ago.