Jetwing Symphony PLC Reports Unaudited Group and Company Earnings Results for the Quarter Full Year Ended March 31, 2019
May 10, 2019 at 04:10 pm
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Jetwing Symphony PLC reported unaudited group and company earnings results for the quarter full year ended March 31, 2019. For the year, on group basis, the company reported revenue of LKR 1,911,321,000 against LKR 1,515,032,000 a year ago. Profit from operations was LKR 645,173,000 against LKR 414,437,000 a year ago. Loss for the period was LKR 280,588,000 against LKR 348,618,000 a year ago. Basic loss per share for the period was LKR 0.56 against LKR 0.74 a year ago.
For the quarter, on group basis, the company reported revenue of LKR 608,145,000 against LKR 510,675,000 a year ago. Profit from operations was LKR 241,111,000 against LKR 201,796,000 a year ago. Profit for the period was LKR 89,237,000 against loss of LKR 2,645,000 a year ago. Basic earnings per share for the period was LKR 0.17 against loss of LKR 0.01 a year ago.
For the year, on company basis, the company reported profit from operations of LKR 4,176,000 against LKR 71,000 a year ago. Profit for the period was LKR 14,942,000 against LKR 3,562,000 a year ago. Basic earnings per share for the period was LKR 0.03 against LKR 0.01 a year ago.
For the quarter, on company basis, the company reported loss from operations of LKR 728,000 against profit of LKR 8,723,000 a year ago. Profit for the period was LKR 2,492,000 against LKR 9,356,000 a year ago. Basic earnings per share for the period was LKR 0.005 against LKR 0.019 a year ago.
Jetwing Symphony PLC is a Sri Lanka-based holding company. The Company, through its subsidiaries, is engaged in the business of hoteliering. Its portfolio includes six operational hotels. The Companyâs hotels include Jetwing Yala (Yala), Jetwing Kaduruketha (Wellawaya), Jetwing Lake (Dambulla), Jetwing Colombo Seven (Colombo), Jetwing Surf (Pottuvil Point), Jetwing Kandy Gallery (Kandy) and Jetwing Safari Camp (Yala). The Jetwing Yala combines adventure with luxurious comfort, relaxation and wildlife. It consists of 80 rooms, restaurants, bars, and a pool. The Jetwing Lake hotel consists of 94 spacious rooms, dining venues, a serene spa, and a pool overlooking the scenic Siyambalawewa Tank. The Jetwing Colombo Seven is in the heart of the islandâs commercial capital. It features 70 deluxe rooms, 28 serviced apartments, multiple dining outlets, a rooftop infinity pool and conference facilities. The Jetwing Kandy Gallery consists of 26 luxurious rooms and a tranquil pool.