Cargo Boat Development Company plc Reports Earnings Results for the Fourth Quarter and Year Ended March 31, 2018
Cargo Boat Development Company PLC reported earnings results for the fourth quarter and year ended March 31, 2018. For the quarter, revenue was LKR 16,278,000 against LKR 13,972,000 a year ago. Profit from operations was LKR 51,855,000 against LKR 29,938,000 a year ago. Profit for the year was LKR 48,855,000 against LKR 24,729,000 a year ago. Earnings per share – basic were LKR 4.79 against LKR 2.42 a year ago.
For the year, revenue was LKR 62,819,000 against LKR 55,889,000 a year ago. Profit from operations was LKR 160,440,000 against LKR 143,724,000 a year ago. Profit for the year was LKR 148,440,000 against LKR 131,915,000 a year ago. Earnings per share – basic were LKR 14.55 against LKR 12.93 a year ago. Net cash from in operating activities was LKR 82,794,000 against LKR 78,224,000 a year ago. Acqusition of property plant & equipment was LKR 22,700,000.