Singer Finance (Lanka) PLC reported unaudited earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net interest income of LKR 396,275,000 against LKR 353,548,000 a year ago. Total operating income was LKR 441,556,000 against LKR 387,142,000 a year ago. Net operating income was LKR 397,576,000 against LKR 367,924,000 a year ago. Operating profit before value added tax was LKR 169,136,000 against LKR 166,218,000 a year ago. Profit before tax was LKR 139,713,000 against LKR 143,558,000 a year ago. Net profit for the period was LKR 90,115,000 against LKR 92,595,000 a year ago. Basic earnings per share were LKR 0.55 against LKR 0.56 a year ago.Net cash used in operating activities was LKR 672,400,000 against LKR 348,563,000 a year ago. Acquisition of Property Plant & equipment was LKR 1,873,000 against LKR 6,221,000 a year ago. Incurred on software development was LKR 7,517,000.