Lankem Developments PLC announced audited group and company earnings results for the year ended on March 31, 2018. For the year, on group basis, the company’s revenue was LKR 4,731,146,000 as compared LKR 3,476,594,000 a year ago. Profit before tax was LKR 558,913,000 as compared to LKR 24,078,000 a year ago. Profit for the year was LKR 525,856,000 as compared to LKR 24,022,000 a year ago. Profit attributable to owners of the company was LKR 325,342,000 as compared to LKR 11,719,000 a year ago. Basic earnings per share were LKR 2.92 as compared to LKR 0.11 a year ago. Net cash generated from operating activities was LKR 36,316,000 as compared to LKR 129,069,000 a year ago. Acquisition of property, plant & equipment was LKR 63,973,000 as compared to LKR 52,840,000 a year ago. Net asset per share was LKR 8.59 compared to LKR 10.62 a year ago. For the year, on company basis, the company’s profit before tax was LKR 270,622,000 as compared to loss of LKR 36,869,000 a year ago. Profit for the year was LKR 270,622,000 as compared to loss of LKR 36,869,000 a year ago. Profit attributable to owners of the company was LKR 270,622,000 as compared to loss of LKR 36,869,000 a year ago. Basic earnings per share were LKR 2.43 as compared to loss per share of LKR 0.34 a year ago. Net cash generated from operating activities was LKR 9,248,000 as compared to net cash used in operating activities of LKR 6,368,000 a year ago. Net asset per share was LKR 6.72 compared to LKR 6.46 a year ago.