City Housing & Real Estate Company PLC announced earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue was LKR 13,652 against LKR 180,145 a year ago. Loss from operating activities was LKR 6,979,804 against LKR 1,958,800 a year ago. Loss before taxation was LKR 6,442,501 against LKR 1,287,927 a year ago. Loss for the period was LKR 6,442,501 against LKR 1,287,927 a year ago. Earnings per share was LKR 0.48 against LKR 0.1 a year ago. Net cash used in operating activities was LKR 45,153,757 against LKR 38,474,185 a year ago. Net asset value per share was LKR 5.027 against LKR 6.81 a year ago. For the nine months, the company reported revenue was LKR 37,177 against LKR 11,594,210 a year ago. Loss from operating activities was LKR 18,734,881 against LKR 5,280,760 a year ago. Loss before taxation was LKR 17,615,286 against LKR 4,744,228 a year ago. Loss for the period was LKR 17,615,286 against LKR 4,744,228 a year ago. Earnings per share was LKR 1.32 against LKR 0.35 a year ago. Net cash used in operating activities was LKR 22,018,135 against LKR 20,167,390 a year ago. Net asset value per share was LKR 4.27 against LKR 5.58 a year ago.