Tangerine Beach Hotels PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 144.03 million compared to LKR 95.02 million a year ago. Net loss was LKR 38.46 million compared to LKR 79.32 million a year ago. Basic loss per share from continuing operations was LKR 1.92 compared to LKR 3.97 a year ago.
For the six months, sales was LKR 284.61 million compared to LKR 211.68 million a year ago. Net loss was LKR 105.29 million compared to LKR 91.64 million a year ago. Basic loss per share from continuing operations was LKR 5.26 compared to LKR 4.58 a year ago.