Vallibel Power Erathna PLC announced audited group and company earnings results for the first quarter ended June 30, 2019. For the quarter, on group basis, the company reported revenue was LKR 238,630,488 compared to LKR 391,800,816 for the same period a year ago. Net Profit for the period was LKR 154,618,834 compared to LKR 287,861,704 a year ago. Basic earnings per share was LKR 0.20 compared to LKR 0.36 a year ago. For the quarter, on company basis, the company reported revenue was LKR 147,984,859 compared to LKR 199,435,300 for the same period a year ago. Net Profit for the period was LKR 106,048,286 compared to LKR 152,471,458 a year ago. Basic earnings per share was LKR 0.14 compared to LKR 0.20 a year ago.