Browns Beach Hotels PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 515.1 million compared to LKR 245.03 million a year ago. Revenue was LKR 506.84 million compared to LKR 240.12 million a year ago. Net loss was LKR 34.02 million compared to LKR 530.14 million a year ago. Basic loss per share from continuing operations was LKR 0.26 compared to LKR 4.09 a year ago. Diluted loss per share from continuing operations was LKR 0.26 compared to LKR 4.09 a year ago.
For the full year, sales was LKR 1,317.47 million compared to LKR 668.44 million a year ago. Revenue was LKR 1,295.24 million compared to LKR 660.08 million a year ago. Net loss was LKR 466.97 million compared to LKR 1,017 million a year ago. Basic loss per share from continuing operations was LKR 3.6 compared to LKR 7.85 a year ago. Diluted loss per share from continuing operations was LKR 3.6 compared to LKR 7.85 a year ago.