Mahaweli Reach Hotels PLC announced unaudited earnings results for the second quarter and six months ended September 30, 2018. For the quarter, the company reported revenue of LKR 147,943,708 against LKR 145,900,672 a year ago. Operating profit was LKR 4,668,131 against LKR 11,890,454 a year ago. Loss before income tax was LKR 2,796,781 against profit of LKR 6,365,534 a year ago. Loss for the period was LKR 3,391,471 or LKR 0.07 per basic share against profit of LKR 5,836,055 or LKR 0.12 per basic share a year ago. For the six months, the company reported revenue of LKR 242,866,393 against LKR 241,814,427 a year ago. Operating loss was LKR 32,897,390 against LKR 16,990,228 a year ago. Loss before income tax was LKR 46,977,711 against LKR 28,169,622 a year ago. Loss for the period was LKR 48,620,796 or LKR 1.03 per basic share against LKR 29,746,015 or LKR 0.63 per basic share a year ago. Net cash used in operating activities was LKR 11,345,662 against LKR 5,710,086 a year ago. Purchase of property, plant & equipment was LKR 19,283,239 against LKR 27,835,268 a year ago.