Pegasus Hotels of Ceylon 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 202.53 million compared to LKR 108.81 million a year ago. Net income was LKR 16.61 million compared to net loss of LKR 31.21 million a year ago. Basic earnings per share from continuing operations was LKR 0.49 compared to basic loss per share from continuing operations of LKR 1.03 a year ago.
For the nine months, sales was LKR 560.22 million compared to LKR 213.97 million a year ago. Net loss was LKR 33.79 million compared to LKR 126.3 million a year ago. Basic loss per share from continuing operations was LKR 1.06 compared to LKR 4.16 a year ago.