Access Engineering PLC Reports Audited Group and Company Earnings Results for the Year Ended of March 31, 2017
Access Engineering PLC reported audited group and company earnings results for the year ended of March 31, 2017. For the year, on a group basis, the company reported revenue of LKR 20,448,189,559 compared to LKR 17,624,604,760 a year ago. Profit before tax was LKR 3,230,818,313 compared to LKR 2,995,364,191 a year ago. Profit attributable to equity holders of the parent was LKR 2,708,004,209 compared to LKR 2,465,295,003 a year ago. Profit for the year was LKR 2,746,183,683 compared to LKR 2,550,864,233 a year ago. Earnings per Share were LKR 2.71 compared to LKR 2.47 a year ago. Operating profit was LKR 3,352,208,040 compared to LKR 2,888,363,705 a year ago. Net cash flows from operating activities was LKR 1,995,040,573 compared to LKR 3,167,986,656 a year ago. Purchase of property, plant and equipment was LKR 1,332,439,504 compared to LKR 1,430,730,557 a year ago. Purchase of intangible assets was LKR 2,690,875 compared to LKR 90,387,201 a year ago. ROE was 12.7% against 14.1% a year ago.
For the year, on a company basis, the company reported revenue of LKR 14,786,897,901 compared to LKR 11,604,396,432 a year ago. Profit before tax was LKR 3,002,621,711 compared to LKR 2,354,585,568 a year ago. Profit attributable to own equity holders of the parent was LKR 2,684,342,341 compared to LKR 2,086,783,529 a year ago. Profit for the year was LKR 2,684,342,341 compared to LKR 2,086,783,529 a year ago. Earnings per share were LKR 2.68 compared to LKR 2.09 a year ago. Operating profit was LKR 3,131,896,672 compared to LKR 2,202,181,855 a year ago. Net cash flows from operating activities was LKR 962,374,036 compared to LKR 2,858,109,676 a year ago. Purchase of property, plant and equipment was LKR 1,120,230,400 compared to LKR 613,131,458 a year ago.