Tangerine Beach Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 143.4 million compared to LKR 97.77 million a year ago. Net loss was LKR 141.51 million compared to LKR 33.6 million a year ago. Basic loss per share from continuing operations was LKR 7.08 compared to LKR 1.68 a year ago.
For the nine months, sales was LKR 355.07 million compared to LKR 172.9 million a year ago. Net loss was LKR 233.15 million compared to LKR 151.89 million a year ago. Basic loss per share from continuing operations was LKR 11.66 compared to LKR 7.59 a year ago.