Agalawatte Plantations PLC announced unaudited group and company earnings results for the first quarter ended March 31, 2018. For the quarter, on group basis, the company announced revenue of LKR 691,821,000 compared to LKR 609,767,000 a year ago. Loss from operating activities was LKR 4,095,000 compared to LKR 13,260,000 a year ago. Loss before taxation was LKR 29,207,000 compared to LKR 123,944,000 a year ago. Loss attributable to equity holders of the company was LKR 30,623,000 or LKR 1.22 per basic share compared to LKR 125,085,000 or LKR 5.00 per basic share a year ago. Net cash generated from operating activities was LKR 203,513,000 compared to LKR 369,745,000 a year ago. Purchase of property, plant and equipment was LKR 98,435,000 compared to LKR 11,000 a year ago. For the quarter, on company basis, the company announced revenue of LKR 639,785,000 compared to LKR 559,794,000 a year ago. Loss from operating activities was LKR 9,538,000 compared to LKR 18,562,000 a year ago. Loss before taxation was LKR 37,179,000 compared to LKR 121,064,000 a year ago. Loss attributable to equity holders of the company was LKR 37,179,000 or LKR 1.49 per basic share compared to LKR 121,064,000 or LKR 4.84 per basic share a year ago. Net cash generated from operating activities was LKR 199,430,000 compared to LKR 318,173,000 a year ago. Purchase of property, plant and equipment was LKR 98,214,000.