Hikkaduwa Beach Resort PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 623.29 million compared to LKR 438.5 million a year ago. Net income was LKR 88.02 million compared to net loss of LKR 363.6 million a year ago. Basic earnings per share from continuing operations was LKR 0.31 compared to basic loss per share from continuing operations of LKR 1.28 a year ago.
For the full year, sales was LKR 1,654.36 million compared to LKR 1,199.7 million a year ago. Net loss was LKR 479.31 million compared to LKR 1,148.06 million a year ago. Basic loss per share from continuing operations was LKR 1.68 compared to LKR 4.03 a year ago.