Renuka City Hotels PLC Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2019
May 29, 2019 at 07:13 am EDT
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Renuka City Hotels PLC announced audited earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, the company reported revenue was LKR 67,308,000 against LKR 69,214,000 a year ago. Profit from operations was LKR 35,990,000 against LKR 46,232,000 a year ago. Loss for the year was LKR 16,624,000 against profit of LKR 124,266,000 a year ago. Loss per share were LKR 2.37 against earnings per share of LKR 17.75 a year ago.
For the year, the company reported revenue was LKR 249,366,000 against LKR 256,496,000 a year ago. Profit from operations was LKR 122,651,000 against LKR 169,205,000 a year ago. Profit for the year was LKR 616,731,000 against LKR 343,747,000 a year ago. Earnings per share were LKR 88.10 against LKR 49.11 a year ago.
Renuka City Hotels PLC is Sri Lanka-based company, which is engaged in the operation of a tourist hotel, which is located in Colombo. The Company's hotel has approximately 99 guest rooms, including over 20 deluxe rooms. It offers facilities including satellite television, business centers, free Wi-Fi, Airport Transfer, airport transfers, luggage storage, Eclipse bar, credit cards accepted, Air-conditioned, 24-hour room service, laundry and dry cleaning, foreign currency, encashment, gymnasium, free parking facilities, Palmyrah restaurant, doctor on call, 24-hour check-in, foreign language channels, Kids Pool available, infinity pool, kids channels available, spacious lounge, breakfast buffet, car rental, smoking room, concierge service, tour desk, wheelchair, accessible elevator, and 24-hour front desk. The Company's hotel has dining facility, which includes various bars and restaurant, including Eclipse Bar, Palmyrah Bar and Palmyrah Restaurant.
RENUKA CITY HOTELS PLC 
