Royal Palms Beach Hotels PLC announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced sales was LKR 209.814 million compared to LKR 172.731 million a year ago. Net income was LKR 50.711 million compared to LKR 16.288 million a year ago. Basic earnings per share was LKR 1.01 compared to LKR 0.32 a year ago. For the nine months, sales was LKR 482.030 million compared to LKR 394.231 million a year ago. Net income was LKR 52.575 million compared to net loss of LKR 1.274 million a year ago. Basic earnings per share was LKR 1.05 compared to basic loss per share of LKR 0.03 a year ago.