F. L. C. Holdings plc announces Unaudited Consolidated and Parent Earnings Results for First Quarter Ended June 30, 2014
F. L. C. Holdings plc announced unaudited consolidated and parent earnings results for first quarter ended June 30, 2014. For the quarter, the consolidated company's revenue was LKR 1,614,174,000 against LKR 1,635,168,000 a year ago. Profit from operating activities was LKR 88,879,000 against loss of LKR 36,957,000 a year ago. Profit before taxation was LKR 50,551,000 against LKR 35,663,000 a year ago. Profit for the period from continuing operations was LKR 33,025,000 against loss of LKR 51,836,000 a year ago. Profit attributable to equity holders of the company was LKR 23,408,000 or LKR 0.015 basic per share against loss of LKR 32,949,000 or LKR 0.026 basic per share a year ago. Net cash generated used in operating activities was LKR 318,628,000 against LKR 167,399,000 a year ago. Acquisition & construction of property, plant & equipment was LKR 18,421,000 against LKR 134,825,000 a year ago.
For the quarter, the parent company's loss from operating activities was LKR 2,751,000 against profit of LKR 13,829,000 a year ago. Profit before taxation was LKR 25,801,000 against LKR 53,235,000 a year ago. Profit for the period from continuing operations was LKR 18,797,000 against LKR 41,663,000 a year ago. Profit attributable to Equity Holders of the company was LKR 18,797,000 or LKR 0.014 basic per share against LKR 41,663,000 or LKR 0.030 basic per share a year ago. Net cash generated from operating activities was LKR 313,000 against net cash generated used in operating activities of LKR 265,135,000 a year ago.