Hayleys Fibre PLC Reports Audited Earnings Results for the Year Ended March 31, 2018
Hayleys Fibre PLC reported audited earnings results for the year ended March 31, 2018. For the year, the company’s revenue was LKR 562,659,000 against LKR 478,976,000 a year ago. Profit from operations was LKR 33,018,000 against LKR 240,871,000 a year ago. Profit before tax was LKR 120,342,000 against LKR 278,765,000 a year ago. Profit for the year was LKR 100,965,000 against LKR 267,270,000 a year ago. Basic earnings per share were LKR 12.62 against LKR 33.41 a year ago. Cash flows from operating activities were LKR 23,959,000 against LKR 59,024,000 a year ago. Purchase and construction of property, plant & equipment was LKR 9,807,000 against LKR 10,109,000 a year ago. Net debt was LKR 4,878,000.