CT Land Development PLC reported earnings results for the second quarter and six months ended September 30, 2018. For the quarter, the company reported revenue of LKR 127,440,000 against LKR 126,580,000 a year ago. Profit from operations was LKR 80,660,000 against LKR 88,619,000 a year ago. Profit before taxation was LKR 75,128,000 against LKR 86,001,000 a year ago. Net profit for the period was LKR 52,544,000 or LKR 1.08 per share against LKR 61,190,000 or LKR 1.26 per share a year ago. For the six months, the company reported revenue of LKR 255,408,000 against LKR 254,212,000 a year ago. Profit from operations was LKR 179,028,000 against LKR 181,024,000 a year ago. Profit before taxation was LKR 169,450,000 against LKR 182,681,000 a year ago. Net profit for the period was LKR 119,323,000 or LKR 2.45 per share against LKR 132,079,000 or LKR 2.71 per share a year ago. Net cash inflow from operating activities was LKR 112,626,000 against LKR 83,333,000 a year ago. Purchase of property, plant & equipment was LKR 3,936,000 against LKR 10,057,000 a year ago. Purchase of intangible assets was LKR 628,000.