trending Market Intelligence /marketintelligence/en/news-insights/trending/oHk7omNBvPiy-aO5fM3Nfw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Sigiriya Village Hotels swings to profit in fiscal Q3

Capital Markets View – February 2021

Blog

What’s on the Horizon for the Cruise, Hotel & Resorts Sector?

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Sigiriya Village Hotels swings to profit in fiscal Q3

4980997 said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 1.19 Sri Lankan rupees per share, compared with a loss of 7 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 9.2 million rupees, compared with a loss of 615,000 rupees in the year-earlier period.

The normalized profit margin rose to 11.1% from negative 1.0% in the year-earlier period.

Total revenue grew 36.4% on an annual basis to 82.1 million rupees from 60.2 million rupees, and total operating expenses increased year over year to 61.1 million rupees from 58.3 million rupees.

eported net income came to 12.6 million rupees, or 1.63 rupee Sigiriya Village Hotels PLC.