GALADARI Hotels (Lanka) PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 427.29 million compared to LKR 260.66 million a year ago. Net income was LKR 61.42 million compared to net loss of LKR 33.22 million a year ago. Basic earnings per share from continuing operations was LKR 0.12 compared to basic loss per share from continuing operations of LKR 0.07 a year ago.
For the nine months, sales was LKR 1,111.09 million compared to LKR 796.58 million a year ago. Net income was LKR 65.89 million compared to net loss of LKR 57.78 million a year ago. Basic earnings per share from continuing operations was LKR 0.13 compared to basic loss per share from continuing operations of LKR 0.12 a year ago.