MTD Walkers PLC reported unaudited consolidated and company earnings results for the first quarter ended June 30, 2017. For the quarter, on consolidated basis, the company reported revenue of LKR 3,145,117,638 against LKR 2,170,497,716 reported a year ago. Loss from operating activities was LKR 88,169,190 against profit of LKR 105,502,517 reported a year ago. Loss before tax was LKR 606,003,117 against LKR 228,545,570 reported a year ago. Loss for the period attributable to equity holders of the parent was LKR 546,140,752 or LKR 3.26 per ordinary share against LKR 225,700,371 or LKR 0.41 per ordinary share a year ago. Net cash flows used in operating activities was LKR 1,850,973,714 against LKR 930,362,660 reported a year ago. Acquisition of property, plant & equipment was LKR 723,870,426 against LKR 533,802,466 reported a year ago. For the quarter, on company basis, the company reported revenue of LKR 53,758,439 against LKR 50,121,110 reported in the same period a year ago. Loss from operating activities was LKR 42,989,310 against LKR 4,941,761 reported a year ago. Loss before tax was LKR 155,023,417 against LKR 79,267,367 reported a year ago. Loss for the period was LKR 155,023,417 or LKR 0.92 per ordinary share against LKR 79,267,367 or LKR 0.47 per ordinary share a year ago. Net cash flows used in operating activities was LKR 737,801,746 against LKR 520,941,600 reported a year ago. Acquisition of property, plant & equipment was LKR 2,031,262 against LKR 17,087,750 reported a year ago.