Singer Finance PLC Announces Unaudited Earnings Results for the Quarter Ended June 30, 2018
August 08, 2018 at 07:15 am EDT
Singer Finance (Lanka) PLC announced unaudited earnings results for the quarter ended June 30, 2018. For the quarter, the company reported net interest income was LKR 507,882,000 against LKR 396,275,000 a year ago. Total operating income was LKR 578,048,000 against LKR 441,556,000 a year ago. Net operating income was LKR 517,011,000 against LKR 397,576,000 a year ago. Profit before tax was LKR 185,153,000 against LKR 139,713,000 a year ago. Net profit for the period was LKR 117,640,000 against LKR 90,115,000 a year ago. Basic earnings per share was LKR 0.58 against LKR 0.55 a year ago. Net cash used in operating activities was LKR 1,449,668,000 against LKR 672,398,000 a year ago. Acquisition of property plant & equipment was LKR 15,464,000 against LKR 1,873,000 a year ago. Net Assets per share as at June 30, 2018 was LKR 17.09 against LKR 17.00 a year ago. Interest Income was LKR 867,364,000 against LKR 685,065,000 a year ago.