Mercantile Investments And Finance Plc announced unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the nine months, the company reported net interest income of LKR 2,054,837,000 against LKR 1,646,588,000 a year ago. Net operating income was LKR 1,985,315,000 against LKR 1,751,587,000 a year ago. Operating profit before VAT & NBT on financial services was LKR 673,560,000 against LKR 585,245,000 a year ago. Operating profit after VAT & NBT on financial services was LKR 489,481,000 against LKR 454,277,000 a year ago. Profit before taxation was LKR 531,534,000 against LKR 514,389,000 a year ago. Profit after taxation was LKR 323,747,000 against LKR 363,841,000 a year ago. Earnings per share were LKR 107.70 against LKR 121.04 a year ago. Net cash used in operating activities was LKR 764,968,000 against LKR 2,380,662,000 a year ago. Acquisition of property plant and equipment was LKR 75,467,000 against LKR 55,328,000 a year ago. Acquisition of intangible assets was LKR 52,187,000 against LKR 2,977,000 a year ago. Return on assets was 1.13%. Return on equity was 5.31%. Interest income was LKR 4,799,732,000 against LKR 3,856,659,000 a year ago. Net assets per share were LKR 2,703 as on December 31, 2017 against LKR 2,711 as on December 31, 2016. For the quarter, the company reported net interest income of LKR 736,562,000 against LKR 557,576,000 a year ago. Net operating income was LKR 702,907,000 against LKR 562,089,000 a year ago. Operating profit before VAT & NBT on financial services was LKR 272,987,000 against LKR 169,530,000 a year ago. Operating profit after VAT & NBT on financial services was LKR 206,230,000 against LKR 125,520,000 a year ago. Profit before taxation was LKR 218,140,000 against LKR 142,406,000 a year ago. Profit after taxation was LKR 108,045,000 against LKR 90,751,000 a year ago. Earnings per share were LKR 35.94 against LKR 30.19 a year ago. Interest income was LKR 1,683,205,000 against LKR 1,356,264,000 a year ago.