Nestlé Lanka plc Announces Earnings Results for the First Quarter Ended March 31, 2017
Nestlé Lanka PLC announced earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of LKR 9,387,912,000 against LKR 9,760,390,000 a year ago. Result from operation activities was LKR 1,117,949,000 against LKR 1,641,985,000 a year ago. Profit before taxation was LKR 1,116,078,000 against LKR 1,655,673,000 a year ago. Profit for the period was LKR 861,982,000 against LKR 1,275,392,000 a year ago. Net cash flow from operating activities was LKR 515,628,000 against LKR 1,183,842,000 a year. Purchase of property plant and equipment was LKR 171,251,000 against LKR 44,713,000 a year ago.