Bairaha Farms PLC. reported unaudited group and company earnings results for the first quarter ended June 30, 2013. For the quarter, the group reported revenues were LKR 796,144,004 against LKR 670,906,049 a year ago. Profit before tax was LKR 48,978,090 against LKR 53,512,445 a year ago. Profit for the period was LKR 52,179,222 or LKR 3.26 basic per share against LKR 50,077,904 or LKR 3.13 basic per share a year ago. Net cash flows generated from operating activities was LKR 46,077,301 against LKR 79,691,605 a year ago. Acquisition of property plant & equipment was LKR 66,984,054 against LKR 53,352,222 a year ago.

For the quarter, the company reported revenues were LKR 614,209,303 against LKR 518,663,071 a year ago. Profit before tax was LKR 12,280,437 against LKR 23,041,058 a year ago. Profit for the period was LKR 10,330,437 or LKR 0.65 basic per share against LKR 19,921,458 or LKR 1.25 basic per share a year ago. Net cash flows used in operating activities was LKR 44,622,871 against net cash flows generated from operating activities of LKR 30,690,171 a year ago. Acquisition of property plant & equipment was LKR 16,659,766 against LKR 6,612,703 a year ago.