Chairman/Non-Executive Director of Hotel Developers (Lanka) PLC, Krishantha Prasad Cooray has resigned with effective from 20th November 2019, a disclosure filed to Colombo Stock Exchange (CSE) by the company said. The filing added Mr. K. P. Cooray does not hold any shares in Hotel Developets (Lanka) PLC. Hotel Developers (Lanka) PLC is the owning company of Hilton Colombo. According to the latest Interim financial report, the Hotel Developers (Lanka) PLC has posted a loss of Rs.289 million in the First 9 months of 2019. This nearly double Rs. 152 million loss incurred during the first nine months of 2018. During the three months ended September 30, 2019 the company has reported a loss of Rs.82 million.
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