CT Land Development PLC announced earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue of LKR 127,968,000 against LKR 127,632,000 a year ago. Profit from operations was LKR 98,368,000 against LKR 92,405,000 a year ago. Profit before taxation was LKR 94,322,000 against LKR 96,680,000 a year ago. Net profit for the period was LKR 66,779,000 against LKR 70,889,000 a year ago. Earnings per share were LKR 0.82 against LKR 0.87 a year ago. Net cash inflow from operating activities was LKR 42,134,000 against LKR 14,896,000 a year ago. Purchase of property, plant & equipment was LKR 2,211,000 against LKR 1,770,000 a year ago. Net assets per share was LKR 75.42.