CT Land Development PLC reported earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported revenue of LKR 122.895 million compared to LKR 116.85 million a year ago. Profit from operations was LKR 82.14 million compared to LKR 97.85 million a year ago. Profit before taxation was LKR 83.24 million compared to LKR 101.17 million a year ago. Net profit for the period was LKR 60.24 million or LKR 1.24 per share compared to LKR 75.48 million or LKR 1.55 per share a year ago. For the six months, the company reported revenue of LKR 244.31 million compared to LKR 234.21 million a year ago. Profit from operations was LKR 171.60 million compared to LKR 184.12 million a year ago. Profit before taxation was LKR 177.32 million compared to LKR 193.35 million a year ago. Net profit for the period was LKR 129.28 million or LKR 2.65 per share compared to LKR 141.85 million or LKR 2.91 per share a year ago. Net cash inflow from operating activities was LKR 86.41 million compared to LKR 149.50 million a year ago. Purchase of property, plant & equipment was LKR 0.33 million compared to LKR 0.117 million a year ago.