Property Development PLC announced audited consolidated and company earnings results for the year ended December 31, 2017. For the year, on consolidated basis, the company’s revenue was LKR 799,205,523 against LKR 694,949,550 a year ago. Profit before tax was LKR 657,604,820 against LKR 615,745,731 a year ago. Profit for the year was LKR 484,265,253 against LKR 467,817,260 a year ago. Profit attributable to equity Holders of the parent was LKR 484,265,253 against LKR 467,817,260 a year ago. Earnings per share – basic were LKR 7.34 against LKR 7.09 a year ago. Net cash from operating activities was LKR 496,839,518 against LKR 254,228,480 a year ago. Acquisition of property, plant and equipment was LKR 9,108,690 against LKR 987,768 a year ago. Acquisition of intangible assets was LKR 2,583,910. Net asset per share was LKR 56.22 as on December 31, 2017 against LKR 49.76 as on December 31, 2016. For the year, on company basis, the company’s revenue was LKR 710,777,596 against LKR 619,182,545 a year ago. Profit before tax was LKR 626,934,455 against LKR 560,843,904 a year ago. Profit for the year was LKR 469,936,514 against LKR 415,723,228 a year ago. Profit attributable to equity Holders of the parent was LKR 469,936,514 against LKR 415,723,228 a year ago. Earnings per share – basic were LKR 7.12 against LKR 6.30 a year ago. Net cash from operating activities was LKR 8,672,837 against LKR 922,937 a year ago. Acquisition of property, plant and equipment was LKR 9,108,690 against LKR 987,768 a year ago. Acquisition of intangible assets was LKR 2,583,910.