trending Market Intelligence /marketintelligence/en/news-insights/trending/MlUV1_T_Eu5bqh8r8iKI2Q2 content esgSubNav
In This List

Browns Beach Hotels fiscal Q2 loss widens YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia


Browns Beach Hotels fiscal Q2 loss widens YOY

Browns Beach Hotels PLC said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to a loss of 7 Sri Lankan cents per share, compared with a loss of 2 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 9.2 million rupees, compared with a loss of 1.9 million rupees in the prior-year period.

Reported net income came to a loss of 14.8 million rupees, or a loss of 11 cents per share, compared to a loss of 3.5 million rupees, or a loss of 3 cents per share, in the year-earlier period.

As of Nov. 13, US$1 was equivalent to 142.05 Sri Lankan rupees.