J.L. Morison Sons & Jones (Ceylon) PLC reported audited group and company earnings results for the first quarter ended June 30, 2017. For the quarter, on company basis, revenue was LKR 781,280,000 against LKR 832,034,000 a year ago. Operating profit was LKR 34,483,000 against LKR 43,694,000 a year ago. Profit before tax was LKR 57,189,000 against LKR 53,164,000 a year ago. Profit attributable to equity holders of the parent was LKR 40,767,000 or LKR 5.40 per basic share against LKR 43,384,000 or LKR 5.75 per basic share a year ago. Net cash flows from operating activities of LKR 43,504,000 against LKR 187,549,000 a year ago. Acquisition of property, plant and equipment of LKR 36,815,000 against LKR 46,240,000 a year ago. For the quarter, on group basis, revenue was LKR 954,700,000 against LKR 955,203,000 a year ago. Operating profit was LKR 127,451,000 against LKR 111,133,000 a year ago. Profit before tax was LKR 155,626,000 against LKR 127,307,000 a year ago. Profit attributable to equity holders of the parent was LKR 118,673,000 or LKR 15.72 per basic share against LKR 103,075,000 or LKR 13.65 per basic share a year ago. Net cash used in operating activities of LKR 10,693,000 against net cash flows from operating activities of LKR 122,603,000 a year ago. Acquisition of property, plant and equipment of LKR 46,094,000 against LKR 49,053 49,053,000 a year ago.