Ceylon and Foreign Trades PLC reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported revenue of LKR 62,656,573 against LKR 67,220,250 a year ago. Profit from operations before finance cost was LKR 8,469,293 against LKR 8,468,804 a year ago. Profit before taxation was LKR 2,538,954 against LKR 4,079,351 a year ago. Net profit for the period was LKR 2,538,954 or LKR 0.02 per share against LKR 4,079,351 or LKR 0.03 per share a year ago.

For the nine months, on standalone basis, the company revenue of LKR 126,586,618 against LKR 147,865,321 a year ago. Profit from operations before finance cost was LKR 23,185,169 against LKR 44,605,093 a year ago. Profit before taxation was LKR 3,639,702 against LKR 32,582,116 a year ago. Net profit for the period was LKR 3,639,702 or LKR 0.03 per share against LKR 31,542,717 or LKR 0.22 per share a year ago. Net cash inflows from operating activities were LKR 19,180,714 against LKR 13,520,000 a year ago.

For the quarter, on consolidated basis, the company reported revenue of LKR 62,656,573 against LKR 67,336,936 a year ago. Profit from operations before finance cost was LKR 4,264,369 against LKR 4,380,764 a year ago. Loss before taxation was LKR 1,665,970 against LKR 167,745 a year ago. Net profit for the period attributable to equity holders of the parent was LKR 2,550,446 or LKR 0.02 per share against LKR 3,192,961 or LKR 0.02 per share a year ago.

For the nine months, on consolidated basis, the company reported revenue of LKR 126,586,618 against LKR 159,533,978 a year ago. Profit from operations before finance cost was LKR 12,883,103 against LKR 20,930,770 a year ago. Loss before taxation was LKR 6,662,364 against profit before taxation of LKR 7,940,301 a year ago. Net profit for the period attributable to equity holders of the parent was LKR 6,133,181 or LKR 0.04 per share against LKR 24,144,994 or LKR 0.17 per share a year ago. Net cash inflows from operating activities were LKR 30,322,630 against LKR 37,250,449 a year ago.