Royal Palms Beach Hotels PLC announced audited earnings results for the year ended March 31, 2018. For the period, the company reported gross revenue was LKR 656,686,102 against LKR 582,319,231 a year ago. Profit before tax was LKR 133,334,899 against LKR 96,744,309 a year ago. Profit for the year was LKR 87,772,942 against LKR 86,739,315 a year ago. Earnings per share were LKR 1.76 against LKR 1.73 a year ago. Net cash from operating activities was LKR 134,713,131 against LKR 149,423,145 a year ago. Acquisition of property, plant & equipment was LKR 43,765,444 against LKR 105,994,405 a year ago. Acquisition of Intangible Assets was LKR 225,000 against nil a year ago.