Sri Lanka's Asian Hotels and Properties Quarterly Profit More Than Doubles

Asian Hotels and Properties Plc., a Colombo-based hotel and property management company, posted profit of 188 million rupees ($1.7 million) in the first quarter ended June 30, compared with 54 million rupees a year earlier, according to a statement to the Colombo Stock Exchange.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

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