Pegasus Hotels of Ceylon PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 159.55 million compared to LKR 172.11 million a year ago. Net loss was LKR 57.36 million compared to LKR 67.33 million a year ago. Basic loss per share from continuing operations was LKR 1.7 compared to LKR 2.22 a year ago.
For the full year, sales was LKR 719.77 million compared to LKR 386.08 million a year ago. Net loss was LKR 91.15 million compared to LKR 193.63 million a year ago. Basic loss per share from continuing operations was LKR 2.82 compared to LKR 6.37 a year ago.