Ceylon Hotels Corporation 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 587.93 million compared to LKR 308.36 million a year ago. Net income was LKR 38.87 million compared to net loss of LKR 164.12 million a year ago. Basic earnings per share from continuing operations was LKR 0.22 compared to basic loss per share from continuing operations of LKR 0.91 a year ago. Diluted earnings per share from continuing operations was LKR 0.22 compared to diluted loss per share from continuing operations of LKR 0.91 a year ago.
For the full year, sales was LKR 1,391.54 million compared to LKR 877.86 million a year ago. Net loss was LKR 101.51 million compared to net income of LKR 543.89 million a year ago. Basic loss per share from continuing operations was LKR 0.56 compared to basic earnings per share from continuing operations of LKR 3.02 a year ago. Diluted loss per share from continuing operations was LKR 0.56 compared to diluted earnings per share from continuing operations of LKR 3.02 a year ago.