Mahaweli Reach Hotels PLC announced unaudited earnings results for the quarter ended June 30, 2018. For the quarter, the company reported revenues of LKR 95,815,864 compared to LKR 95,922,813 a year ago. Operating loss was LKR 37,656,522 compared to LKR 29,771,759 a year ago. Loss before tax was LKR 44,180,931 compared to LKR 35,269,495 a year ago. Loss for the period was LKR 45,229,325 or LKR 0.96 per basic share compared to LKR 36,316,409 or LKR 0.77 per basic share a year ago. Net cash used in operating activities was LKR 13,249,259 compared to LKR 3,070,205 a year ago. Purchase of plant and equipments was LKR 11,326,080 compared to LKR 20,587,931 a year ago.