Pegasus Hotels of Ceylon PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 22.806 million compared to LKR 161.033 million a year ago. Operating loss was LKR 70.331 million compared to LKR 12.713 million a year ago. Net loss was LKR 57.475 million compared to LKR 10.739 million a year ago. Basic loss per share from continuing operations was LKR 1.89 compared to LKR 0.35 a year ago. For the nine months, sales was LKR 111.711 million compared to LKR 442.556 million a year ago. Operating loss was LKR 197.073 million compared to LKR 44.800 million a year ago. Net loss was LKR 171.115 million compared to LKR 37.366 million a year ago. Basic loss per share from continuing operations was LKR 5.63 compared to LKR 1.23 a year ago.