Ceylon and Foreign Trades PLC reported unaudited group and company earnings results for the first quarter ended June 30, 2013. For the quarter, the company reported revenue of LKR 89,819,321, profit before taxation of LKR 1,679,047 and net profit of LKR 1,679,047 or LKR 0.01 per share against revenue of LKR 24,947,659, loss before tax of LKR 7,674,997 and net loss of LKR 7,674,997 or LKR 0.05 per share for the same period a year ago. Net cash outflows from operating activities were LKR 985,891 against LKR 19,835,846 for the same period a year ago. Net Asset Value per share as at June 30, 2013 was LKR 4.22 against LKR 2.49 a year ago.

For the quarter, the group reported revenue of LKR 89,819,321, profit before taxation of LKR 1,679,047 and net profit of LKR 6,445,137 or LKR 0.05 per share against revenue of LKR 24,947,659, loss before tax of LKR 7,674,997 and net loss of LKR 3,248,351 or LKR 0.03 per share for the same period a year ago. Net cash outflows from operating activities were LKR 985,891 against LKR 19,835,846 for the same period a year ago. Net Asset Value per share as at June 30, 2013 was LKR 6.40 against LKR 4.44 a year ago.