Beruwala Resorts PLC Reports Audited Group and Company Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018
Beruwala Resorts PLC reported audited group and company earnings results for the fourth quarter and full year ended March 31, 2018. For the quarter, on a group basis, the company reported revenue of LKR 182,197,000 compared to LKR 151,265,000 a year ago. Profit from operating activities was LKR 63,200,000 compared to LKR 51,363,000 a year ago. Net profit before taxation was LKR 50,164,000 compared to LKR 37,047,000 a year ago. Net profit for the period was LKR 43,271,000 compared to LKR 34,080,000 a year ago. Earnings per share was LKR 0.07 compared to LKR 0.06 a year ago. Profit attributable to equity holders of parent was LKR 44,282,000.
For the full year, on a group basis, the company reported revenue of LKR 481,938,000 compared to LKR 447,943,000 a year ago. Profit from operating activities was LKR 76,669,000 compared to LKR 54,758,000 a year ago. Net profit before taxation was LKR 26,670,000 compared to loss before taxation of LKR 8,766,000 a year ago. Net profit for the period was LKR 19,777,000 compared to net loss for the period of LKR 16,651,000 a year ago. Earnings per share were LKR 0.03 compared to loss per share of LKR 0.03 a year ago. Net cash flows from operating activities was LKR 75,179,000 compared to net cash used in operating activities of LKR 106,481,000 a year ago. Acquisition of fixed assets was LKR 13,019,000 compared to LKR 52,657,000 a year ago. Acquisition of intangible assets was LKR 261,000. Profit attributable to equity holders of parent was LKR 44,282,000 compared to loss of LKR 16,651,000 a year ago.
For the quarter, on a company basis, the company reported revenue of LKR 155,629,000 compared to LKR 119,633,000 a year ago. Profit from operating activities was LKR 62,669,000 compared to LKR 57,244,000 a year ago. Profit before taxation was LKR 54,771,000 compared to LKR 50,111,000 a year ago. Net profit for the period was LKR 40,510,000 compared to LKR 39,966,000 a year ago. Earnings per share were LKR 0.07 compared to LKR 0.07 a year ago.
For the full year, on a company basis, the company reported revenue of LKR 406,759,000 compared to LKR 359,855,000 a year ago. Profit from operating activities was LKR 92,792,000 compared to LKR 94,717,000 a year ago. Profit before taxation was LKR 60,423,000 compared to LKR 65,870,000 a year ago. Net profit for the period was LKR 46,162,000 compared to LKR 50,807,000 a year ago. Earnings per share were LKR 0.08 compared to LKR 0.08 a year ago. Net cash flows from operating activities were LKR 27,976,000 compared to net cash from operating activities of LKR 314,351,000 a year ago. Acquisition of fixed assets was LKR 12,141,000 compared to LKR 48,582,000 a year ago. Acquisition of intangible assets was LKR 261,000.