CT Land Development PLC announced audited entity and investee and company earnings results for the year ended March 31, 2016. For the year, on entity and investee basis, revenue was LKR 572.92 million against LKR 498.43 million a year ago. Results from operating activities was LKR 498.27 million against LKR 345.103 million a year ago. Profit before taxation was LKR 507.88 million against LKR 507.88 million a year ago. Profit for the year was LKR 388.22 million against LKR 239.43 million a year ago. Earnings per share was LKR 7.96 against LKR 4.91 a year ago. Net cash generated from operating activities was LKR 223.406 million against LKR 211.34 million a year ago. Purchase of property, plant & equipment was LKR 0.434 million against LKR 3.624 million a year ago. Net debt as of March 31, 2016 was LKR 661.24 million against LKR 581.903 million a year ago.

For the year, on company basis, revenue was LKR 572.92 million against LKR 498.43 million a year ago. Results from operating activities was LKR 498.27 million against LKR 345.103 million a year ago. Profit before taxation was LKR 497.64 million against LKR 344.007 million a year ago. Profit for the year was LKR 377.98 million against LKR 262.3 million a year ago. Earnings per share was LKR 7.75 against LKR 5.38 a year ago. Net cash generated from operating activities was LKR 223.406 million against LKR 211.34 million a year ago. Purchase of property, plant & equipment was LKR 0.434 million against LKR 3.624 million a year ago. Net debt as of March 31, 2016 was LKR 661.24 million against LKR 581.903 million a year ago.