CIC Holdings PLC Announces Consolidated and Company Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019
May 27, 2019 at 07:05 am EDT
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CIC Holdings PLC announced consolidated and company earnings results for the fourth quarter and full year ended March 31, 2019. For the quarter, on company basis, the company reported revenue was LKR 1,963.01 million against LKR 2,305.17 million a year ago. Profit for the period was LKR 178.86 million or LKR 1.89 per basic and diluted share against LKR 18.93 million or LKR 0.20 per basic and diluted share a year ago. Basic and diluted earnings per share from continuing operation was LKR 2.14 against LKR 3.55 a year ago.
For the full year, on company basis, the company reported revenue was LKR 8,968.63 million against LKR 9,116.26 million a year ago. Profit for the period was LKR 98.56 million or LKR 1.04 per basic and diluted share against loss of LKR 382.57 million or LKR 4.04 per basic and diluted share a year ago. Basic and diluted earnings per share from continuing operation was LKR 1.23 against LKR 1.00 a year ago.
For the quarter, on consolidated basis, the company reported revenue was LKR 7,443.24 million against LKR 8,102.55 million a year ago. Profit for the period was LKR 192.07 million or LKR 3.22 per basic and diluted share against loss of LKR 264.72 million or LKR 2.49 per basic and diluted share a year ago. Basic and diluted earnings per share from continuing operation was LKR 3.28 against LKR 1.55 a year ago.
For the full year, on consolidated basis, the company reported revenue was LKR 30,737.12 million against LKR 33,148.26 million a year ago. Profit for the period was LKR 457.33 million or LKR 5.10 per basic and diluted share against loss of LKR 377.90 million or LKR 4.36 per basic and diluted share a year ago. Basic and diluted earnings per share from continuing operation was LKR 5.16 against LKR 1.18 a year ago.
CIC Holdings PLC is engaged in the business of merchandising and manufacturing. The Companyâs segments include Crop Solutions, Agri-Produce, Livestock Solutions, Industrial Solutions and Health & Personal care. The Crop Solutions segment provides lawn and garden, plant nutrition, plant protection, seeds. The Agri produce segment include Agri produce retail chain, Agri resort, dairy, farms, fruit and vegetables, grain, and rice. The Livestock Solutions include feeds, poultry, vet care, and dairy breeding. The Industrial Solutions segment include construction materials, industrial raw material, and packaging. The Health & Personal care segment include herbal care, medical devices, personal care, and pharmaceuticals. lawn and garden business oversee three areas, including urban pest management, specialized crop nutrients and stimulants, and vector management. Its pharmaceuticals are involved in marketing and distribution of finished pharmaceutical formulations in Sri Lanka.
CIC HOLDINGS PLC 
