Union Chemicals Lanka Plc Reports Earnings Results for the First Quarter Ended March 25, 2018
Union Chemicals Lanka Plc reported earnings results for the first quarter ended March 25, 2018. For the period, the company has posted revenue of LKR 222,771,000 against LKR 198,185,000 a year ago. Results from operating activities were LKR 21,162,000 against LKR 24,988,000 a year ago. Profit before tax was LKR 21,448,000 against LKR 26,085,000 a year ago. Profit for the period was LKR 15,157,000 against LKR 18,545,000 a year ago. Earnings per share were LKR 10.10 against LKR 12.36 a year ago. Net cash flows from operating activities were LKR 30,490,000 against LKR 3,645,000 a year ago. Purchase & construction of property, plant and equipment was LKR 8,043,000 against LKR 1,410,000 a year ago.