Arpico Finance Company plc Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended December 31, 2017; and Reports Impairment on Financial Assets & Other Losses for the Quarter Ended December 31, 2017
For nine months, the company reported net interest income of LKR 900,583,000 against LKR 644,243,000 a year ago. Net operating income was LKR 812,355,000 against LKR 583,546,000 a year ago. Profit before income tax was LKR 251,555,000 against LKR 205,469,000 a year ago. Profit for the Period was LKR 238,320,000 against LKR 200,631,000 a year ago. Earnings per share were LKR 32.04 against LKR 26.98 a year ago. Net cash flow from operating activities was negative LKR 977,078,000 against negative LKR 1,357,190,000 a year ago. Purchase of property, plant and equipment was LKR 299,575,000 against LKR 86,553,000 a year ago.
For the quarter, the company also reported Impairment on financial assets & other losses were LKR 100,163,000 against LKR 42,097,000 a year ago.