Tangerine Beach Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 97.77 million compared to LKR 20.31 million a year ago. Net loss was LKR 33.6 million compared to LKR 56.56 million a year ago. Basic loss per share from continuing operations was LKR 1.68 compared to LKR 2.83 a year ago.
For the nine months, sales was LKR 172.9 million compared to LKR 77.18 million a year ago. Net loss was LKR 151.89 million compared to LKR 178.29 million a year ago. Basic loss per share from continuing operations was LKR 7.59 compared to LKR 8.91 a year ago.