Lankem Developments PLC announced unaudited group and company earnings results for the quarter and year ended on March 31, 2018. For the quarter, on group basis, the company’s revenue was LKR 1,136,004,000 as compared LKR 1,094,007,000 a year ago. Profit before taxation was LKR 102,458,000 as compared to LKR 101,188,000 a year ago. Profit was LKR 69,291,000 as compared to LKR 100,901,000 a year ago. Profit attributable to equity holders of the company was LKR 67,594,000 as compared to LKR 56,500,000 a year ago. Diluted earnings per share was LKR 0.61 as compared to LKR 0.52 a year ago. 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 taxation was LKR 558,912,000 as compared to LKR 24,078,000 a year ago. Profit was LKR 525,855,000 as compared to LKR 24,022,000 a year ago. Profit attributable to equity holders of the company was LKR 325,225,000 as compared to LKR 11,719,000 a year ago. Diluted earnings per share was LKR 2.92 as compared to LKR 0.11 a year ago. Net cash generated from operating activities was LKR 28,806,000 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. For the quarter, on company basis, the company’s profit before taxation was LKR 295,303,000 as compared to loss of LKR 36,232,000 a year ago. Profit was LKR 295,303,000 as compared to loss of LKR 36,232,000 a year ago. Profit attributable to equity holders of the company was LKR 295,303,000 as compared to loss of LKR 36,232,000 a year ago. Basic earnings per share was LKR 2.65 as compared to basic loss per share LKR 0.33 a year ago. For the year, on company basis, the company’s profit before taxation was LKR 292,957,000 as compared to loss of LKR 36,869,000 a year ago. Profit was LKR 292,957,000 as compared to loss of LKR 36,869,000 a year ago. Profit attributable to equity holders of the company was LKR 292,957,000 as compared to loss of 36,900,000 a year ago. Basic earnings per share was LKR 2.63 as compared to basic loss per share LKR 0.34 a year ago. Net cash used from operating activities was LKR 6,368,000 as compared to LKR 2,711,000 a year ago.