Palm Garden Hotels PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 134.630 million compared to LKR 316.602 million a year ago. Operating loss was LKR 189.473 million compared to LKR 24.375 million a year ago. Net loss was LKR 246.378 million compared to LKR 215.009 million a year ago. Basic loss per share from continuing operations was LKR 5.69 compared to LKR 4.97 a year ago. For the nine months, sales was LKR 363.970 million compared to LKR 706.880 million a year ago. Operating loss was LKR 540.926 million compared to LKR 251.981 million a year ago. Net loss was LKR 807.378 million compared to LKR 761.163 million a year ago. Basic loss per share from continuing operations was LKR 18.66 compared to LKR 17.59 a year ago.