Resus Energy PLC reported unaudited consolidated and company earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on consolidated basis, the company reported revenue of LKR 62,471,121 against LKR 135,263,302 a year ago. Profit from operating activities was LKR 24,305,352 against LKR 109,630,443 a year ago. Loss before tax was LKR 64,574,441 against profit before tax of LKR 95,576,956 a year ago. Loss attributable to owners of parent was LKR 56,807,411 against profit of LKR 83,477,667 a year ago. Loss per share was LKR 0.97 against EPS of LKR 1.43 a year ago.

For the nine months, on consolidated basis, the company reported revenue of LKR 194,601,560 against LKR 337,250,905 a year ago. Profit from operating activities was LKR 78,126,552 against LKR 256,991,625 a year ago. Loss before tax was LKR 59,384,245 against profit before tax of LKR 236,388,327 a year ago. Loss attributable to owners of parent was LKR 55,980,699 against profit of LKR 209,262,239 a year ago. Loss per share was LKR 0.96 against EPS of LKR 2.43 a year ago. Net cash outflows from operating activities were LKR 2,423,089 against cash flows from operating activities of LKR 21,877,315 a year ago. Acquisition of property, plant & equipment was LKR 362,139,918 against LKR 119,196,003 a year ago.

For the quarter, on the consolidated basis, the company reported impairment charge of LKR 39,563,007.

For the quarter, on company basis, the company reported revenue of LKR 1,503,771 against LKR 16,143,407 a year ago. Loss from operating activities was LKR 10,807,484 against operating profit of LKR 6,702,717 a year ago. Loss before tax was LKR 8,624,763 against profit before tax of LKR 41,362,752 a year ago. Loss attributable to owners of parent was LKR 8,624,763 against profit attributable to the owners of the parent of LKR 41,362,752 a year ago.

For the nine months, on company basis, the company reported revenue of LKR 22,537,931 against LKR 80,289,564 a year ago. Loss from operating activities was LKR 15,409,866 against profit from operating activities of LKR 49,364,094 a year ago. Loss before tax was LKR 14,328,371 against profit before tax of LKR 81,468,027 a year ago. Loss attributable to owners of parent was LKR 14,328,371 against profit of LKR 81,468,027 a year ago. Net cash outflows from operating activities were LKR 325,512,076 against cash flows from operating activities of LKR 563,402,859 a year ago. Acquisition of property, plant & equipment was LKR 4,486,470 against LKR 5,937,563 a year ago.

For the quarter, on the standalone basis, the company reported impairment charge of LKR 21,475,765.