Ascot Holdings plc announced audited consolidated group and company earnings results for the year ended March 31, 2018. For the year, on group basis, the company reported revenue of LKR 146,122,663 as compared to LKR 182,687,627 for the same period last year. Results from operating activities was LKR 43,042,236 as compared to LKR 64,043,545 for the same period last year. Profit before tax was LKR 269,662,650 as compared to LKR 42,587,171 for the same period last year. Profit for the year attributable to equity holders of the parent of LKR 231,116,460 or LKR 18.26 per basic and diluted share compared to LKR 27,713,416 or LKR 2.19 per basic and diluted share for the same period last year. Net cash flow from operating activities was LKR 37,700,293 as compared to LKR 37,264,437 for the same period last year. Purchase and construction of property, plant and equipment was LKR 15,694,482 as compared to LKR 156,293 for the same period last year. Return on Equity (ROE) was 20.16% against 4.17% a year ago. Return on Assets (ROA) was 13.57% against 2.61% a year ago. For the year, on company basis, the company reported revenue of LKR 16,530,444 as compared to LKR 20,629,214 for the same period last year. Loss from operating activities of LKR 12,017,151 as compared to LKR 60,092,761 for the same period last year. Loss before tax was LKR 12,629,999 as compared to LKR 59,867,444 for the same period last year. Loss for the year attributable to equity holders of the parent of LKR 13,312,422 or LKR 1.05 per basic and diluted share compared to LKR 59,505,802 or LKR 4.70 per basic and diluted share for the same period last year. Net cash flow used in operating activities of LKR 4,518,580 as compared to LKR 18,944,935 for the same period last year.