Mahaweli Reach Hotels PLC reported audited earnings results for the year ended March 31, 2018. For the year, the company reported revenue of LKR 548,395,402 against LKR 599,147,601 a year ago. Operating loss was LKR 13,234,301 against profit of LKR 39,253,813 a year ago. Loss before tax was LKR 36,016,979 against profit of LKR 19,288,775 a year ago. Loss for the year was LKR 38,967,394 against profit of LKR 7,758,020 a year ago. Loss per share (Basic) was LKR 0.83 against earnings per share of LKR 0.16 a year ago. Net Cash generated from operating activities was LKR 28,636,839 against LKR 23,643,392 a year ago. Acquisition of property, plant & equipment was LKR 59,376,742 against LKR 68,159,717 a year ago.