Singer Finance (Lanka) PLC reported unaudited earnings results for the second quarter ended September 30, 2016. For the quarter, the company reported net interest income of LKR 351,760,000 against LKR 327,171,000 a year ago. Total operating income was LKR 389,516,000 against LKR 357,480,000 a year ago. Net operating income was LKR 381,062,000 against LKR 335,890,000 a year ago. Operating profit before value added tax was LKR 156,406,000 against LKR 163,706,000 a year ago. Profit before tax was LKR 138,050,000 against LKR 144,462,000 a year ago. Net profit for the period was LKR 89,042,000 against LKR 100,322,000 a year ago. Basic earnings per share were LKR 0.54 against LKR 0.61 a year ago. For the six months, the company reported net interest income of LKR 707,912,000 against LKR 650,141,000 a year ago. Total operating income was LKR 779,262,000 against LKR 707,864,000 a year ago. Net operating income was LKR 751,590,000 against LKR 666,310,000 a year ago. Operating profit before value added tax was LKR 322,624,000 against LKR 343,114,000 a year ago. Profit before tax was LKR 281,608,000 against LKR 309,985,000 a year ago. Net profit for the period was LKR 181,637,000 against LKR 212,559,000 a year ago. Basic earnings per share were LKR 1.10 against LKR 1.29 a year ago. Net cash used in operating activities was LKR 726,036,000 against LKR 1,611,459,000 a year ago. Acquisition of Property Plant & equipment was LKR 8,513,000 against LKR 14,626,000 a year ago. Incurred on software development was LKR 23,037,000 against LKR 6,057,000 a year ago. Net assets per share as at September 30, 2016 were LKR 15.31.