Mahaweli Reach Hotels PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 50.003 million compared to LKR 120.564 million a year ago. Operating loss was LKR 44.779 million compared to LKR 20.787 million a year ago. Net loss was LKR 44.875 million compared to LKR 23.777 million a year ago. Basic loss per share from continuing operations was LKR 0.95 compared to LKR 0.51 a year ago. For the nine months, sales was LKR 129.656 million compared to LKR 275.119 million a year ago. Operating loss was LKR 137.964 million compared to LKR 110.423 million a year ago. Net loss was LKR 138.059 million compared to LKR 119.310 million a year ago. Basic loss per share from continuing operations was LKR 2.93 compared to LKR 2.53 a year ago.