Muller & Phipps (Ceylon) PLC reported unaudited consolidated and company earnings results for the first quarter ended June 30, 2018. For the quarter, on consolidated basis, the company reported, revenue of LKR 239,298,000, profit from operations of LKR 8,077,000, profit before income tax expense of LKR 3,147,000, profit for the period of LKR 2,782,000, compared to revenue of LKR 172,085,000, profit from operations of LKR 3,484,000, loss before income tax expense of LKR 6,214,000, loss for the period of LKR 6,399,000, for the same period a year ago. Earnings per share were LKR 0.01 against loss per share of LKR 0.02 a year ago. Net asset value per share was LKR 0.70. Net cash outflows from operating activities were LKR 24,432,000 against net cash inflow from operating activities of LKR 20,069,000 a year ago. Purchase of property, plant and equipment was LKR 117,000 against LKR 90,000 a year ago. For the quarter, on company basis, the company reported, revenue of LKR 500,000, loss from operations of LKR 287,000, profit before income tax expense of LKR 2,735,000, profit for the period of LKR 2,538,000, compared to revenue of LKR 500,000, loss from operations of LKR 295,000, profit before income tax expense of LKR 3,321,000, profit for the period of LKR 3,136,000, for the same period a year ago. Earnings per share were LKR 0.01 against LKR 0.01 a year ago. Net asset value per share was LKR 0.60. Net cash outflows from operating activities were LKR 2,209,000 against net cash inflow from operating activities of LKR 5,593,000 a year ago.