Kelani Tyres PLC reported audited consolidated and company earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported revenue of LKR 536,452,000 against LKR 461,680,000 a year ago. Operating profit was LKR 551,000 against LKR 6,086,000 a year ago. Profit before income tax was LKR 583,394,000 against LKR 650,166,000 a year ago. Profit for the year was LKR 576,380,000 or LKR 7.17 per basic and diluted share against LKR 649,193,000 or LKR 8.07 per basic and diluted share a year ago. Cash used in operating activities was LKR 195,935,000 against LKR 154,816,000 a year ago. Purchases of property plant and equipment were LKR 12,075,000 against LKR 554,000 a year ago. Net debt was LKR 115,407,000 as of March 31, 2018 against LKR 524,348,000 as of March 31, 2017. For the year, on company basis, the company reported revenue of LKR 532,996,000 against LKR 456,846,000 a year ago. Operating profit was LKR 923,000 against LKR 827,011,000 a year ago. Profit before income tax was LKR 28,441,000 against LKR 827,254,000 a year ago. Profit for the year was LKR 22,617 or LKR 0.28 per basic and diluted share against LKR 826,481,000 or LKR 10.28 per basic and diluted share a year ago. Cash used in operating activities was LKR 198,422,000 against LKR 157,772,000 a year ago. Purchases of property plant and equipment were LKR 12,075,000 against LKR 554,000 a year ago. Net debt was LKR 115,010,000 as of March 31, 2018 against LKR 526,507,000 as of March 31, 2017.