Royal Palms Beach Hotels PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 95.645 million compared to LKR 144.858 million a year ago. Net loss was LKR 25.168 million compared to net income of LKR 12.395 million a year ago. Basic loss per share was LKR 0.5 compared to basic earnings per share of LKR 0.25 a year ago. For the half year, sales was LKR 183.342 million compared to LKR 272.216 million a year ago. Net loss was LKR 49.986 million compared to net income of LKR 1.863 million a year ago. Basic loss per share was LKR 1 compared to basic earnings per share of LKR 0.04 a year ago.