Kolao Holdings reported audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported sales of $305,428,740 compared to $244,870,723 a year ago. Operating profit was $30,834,194 compared to $26,057,367 a year ago.

Profit before income tax expense was $25,735,686 compared to $26,199,231 a year ago. Profit attributable to owners of the parent was $25,294,567 or $0.62 basic and diluted per share compared to $25,922,748 or $0.64 basic and diluted per share a year ago. Net cash used in operating activities was $24,723,089 compared to net cash provided by operating activities of $4,518,102 a year ago.

Acquisition of property, plant and equipment was $24,453,726 compared to $10,327,708 a year ago. Acquisition of intangible assets was $2,762,206 compared to $46,830 a year ago.