Browns Beach Hotels 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 153.35 million compared to LKR 130.06 million a year ago. Revenue was LKR 149.9 million compared to LKR 130.06 million a year ago. Net loss was LKR 227.85 million compared to LKR 105.41 million a year ago. Basic loss per share from continuing operations was LKR 1.76 compared to LKR 0.81 a year ago.
For the nine months, sales was LKR 423.41 million compared to LKR 209.8 million a year ago. Revenue was LKR 419.96 million compared to LKR 209.8 million a year ago. Net loss was LKR 468.44 million compared to LKR 382.79 million a year ago. Basic loss per share from continuing operations was LKR 3.61 compared to LKR 2.95 a year ago.