Colombo City Holdings PLC Reports Audited Earnings Results for the Year Ended March 31, 2018
Colombo City Holdings PLC reported audited earnings results for the year ended March 31, 2018. For the year, the company reported revenue of LKR 114,879,413 compared to LKR 27,678,986 a year ago. Profit before tax was LKR 287,032,242 compared to LKR 213,263,536 a year ago. Profit for the year was LKR 262,367,573 or LKR 206.12 per basic and diluted share compared to LKR 213,383,329 or LKR 167.64 per basic and diluted share a year ago. Net cash from operating activities was LKR 23,848,371 compared to net cash used in operating activities of LKR 89,626,222 a year ago. Acquisition of property, plant and equipment was LKR 89,500.