Ascot Holdings PLC announced company and group earnings results for the first quarter ended June 30, 2018. For the quarter, on company basis, the company reported revenue of LKR 3,421,000 against LKR 5,288,000 for the same period a year ago. Operating loss was LKR 7,417,000 against LKR 627,000 for the same period a year ago. Loss before tax was LKR 8,187,000 against LKR 638,000 for the same period a year ago. Loss was LKR 8,187,000 against LKR 638,000 for the same period a year ago. Loss attributable to equity holders of the parent company was LKR 8,187,000 against LKR 638,000 for the same period a year ago. Net cash used in operating activities was LKR 5,574,000 against net cash used in operating activities of LKR 2,982 million for the same period a year ago. Basic loss per share was LKR 0.65 against LKR 0.05 for the same period a year ago. For the six months, on group basis, the company reported revenue of LKR 41,764,000 against LKR 41,350,000 for the same period a year ago. Operating profit was LKR 13,889,000 against LKR 13,668,000 for the same period a year ago. Loss before tax was LKR 2,462,000 against LKR 1,223,000 for the same period a year ago. Profit was LKR 744,000 against loss of LKR 672,000 for the same period a year ago. Loss attributable to equity holders of the parent company was LKR 1,241,000 against LKR 613,000 for the same period a year ago. Net cash used in operating activities was LKR 11,482,000 against LKR 11,711 million for the same period a year ago. Purchase of property, plant & equipment was LKR 13,092. Basic loss per share was LKR 0.10 against LKR 0.05 for the same period a year ago.