Tangerine Beach Hotels PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 20.310 million compared to LKR 174.256 million a year ago. Net loss was LKR 56.559 million compared to net income of LKR 46.529 million a year ago. Basic loss per share was LKR 2.83 compared to basic earnings per share of LKR 2.33 a year ago. For the nine months, sales was LKR 77.182 million compared to LKR 357.752 million a year ago. Net loss was LKR 178.293 million compared to LKR 30.833 million a year ago. Basic loss per share was LKR 8.91 compared to LKR 1.54 a year ago.