CT Land Development PLC Announces Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017
CT Land Development PLC announced earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported revenue was LKR 128,500,000 against LKR 121,140,000 a year ago. Profit from operations was LKR 361,214,000 against LKR 243,910,000 a year ago. Profit before taxation was LKR 365,490,000 against LKR 242,068,000 a year ago. Profit for the period was LKR 217,942,000 against LKR 196,129,000 a year ago. Earnings per share were LKR 6.52 against LKR 4.02 a year ago.
For the full year, the company reported revenue was LKR 496,944,000 against LKR 471,881,000 a year ago. Profit from operations was LKR 604,987,000 against LKR 498,272,000 a year ago. Profit before taxation was LKR 618,619,000 against LKR 507,878,000 a year ago. Profit for the period was LKR 502,820,000 against LKR 388,220,000 a year ago. Earnings per share were LKR 10.31 against LKR 7.96 a year ago. Net cash inflow from operating activities was LKR 226,657,000 against LKR 223,405,000 a year ago. Purchase of property, plant & equipment of LKR 835,000 against LKR 434,000 a year ago.