Hikkaduwa Beach Resort PLC announced unaudited group and parent company earnings results for the second quarter and six months ended September 30, 2018. For the quarter, on group basis, the company reported revenue of LKR 253,607,246 compared to LKR 67,745,429 a year ago. Operating loss was LKR 16,420,951 compared to profit of LKR 4,774,414 a year ago. Loss before tax was LKR 121,146,389 compared to profit of LKR 8,734,954 a year ago. Loss for the period was LKR 122,380,188 compared to profit of LKR 2,023,532 a year ago. Total comprehensive loss attributable to equity holders of the parent was LKR 118,435,655 compared to profit of LKR 2,023,532 a year ago. Basic loss per share was LKR 0.6 compared to basic earnings per share of LKR 0.04 a year ago. For the six months, on group basis, the company reported revenue of LKR 443,082,051 compared to LKR 128,868,711 a year ago. Operating loss was LKR 49,069,591 compared to profit of LKR 4,888,549 a year ago. Loss before tax was LKR 253,168,182 compared to profit of LKR 14,032,446 a year ago. Loss for the period was LKR 254,401,981 compared to profit of LKR 1,397,333 a year ago. Total comprehensive loss attributable to equity holders of the parent was LKR 244,937,090 compared to profit of LKR 1,397,333 a year ago. Basic loss per share was LKR 1.24 compared to basic earnings per share of LKR 0.02 a year ago. Net cash used in operating activities was LKR 245,491,278 compared to net cash from operating activities of LKR 87,409,314 a year ago. Acquisition of property, plant and equipment was LKR 23,484,143 compared to LKR 7,902,307 a year ago. For the quarter, on parent company basis, the company reported revenue of LKR 74,860,281 compared to LKR 67,745,429 a year ago. Operating loss was LKR 18,983,691 compared to profit of LKR 4,774,414 a year ago. Loss before tax was LKR 48,944,179 compared to profit of LKR 8,734,954 a year ago. Loss for the period was LKR 45,270,805 compared to profit of LKR 2,023,532 a year ago. Total comprehensive loss for the period, net of tax was LKR 45,270,805 compared to profit of LKR 2,023,532 a year ago. For the six months, on parent company basis, the company reported revenue of LKR 133,389,956 compared to LKR 128,868,711 a year ago. Operating loss was LKR 24,262,704 compared to profit of LKR 4,888,549 a year ago. Loss before tax was LKR 84,481,706 compared to profit of LKR 14,032,446 a year ago. Loss for the period was LKR 84,481,706 compared to profit of LKR 1,397,333 a year ago. Total comprehensive loss for the period, net of tax was LKR 84,481,706 compared to profit of LKR 1,397,333 a year ago. Net cash used in operating activities was LKR 116,346,698 compared to net cash from operating activities of LKR 87,409,314 a year ago. Acquisition of property, plant and equipment was LKR 6,057,968 compared to LKR 7,902,307 a year ago.