Mahaweli Reach Hotels PLC reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was LKR 112.56 million compared to LKR 54.69 million a year ago. Net loss was LKR 42.16 million compared to LKR 44.56 million a year ago.

Basic loss per share from continuing operations was LKR 0.89 compared to LKR 0.94 a year ago.