Ceylon and Foreign Trades PLC reported audited group and company earnings results for the full year ended March 31, 2013. For the year, on group basis, the company reported revenue of LKR 241,443,451 compared to revenues of LKR 202,232,390 for the same period a year ago. Profit from operating activities was LKR 26,487,298 compared to LKR 29,376,093 last year. Profit before taxation was LKR 14,302,743 compared to LKR 35,146,596 last year. Profit was LKR 12,684,507 compared to LKR 30,103,908 last year. Profit attributable to equity holders of the company was LKR 13,275,353 or LKR 0.09 per basic share and LKR 0.03 per basic share excluding fair value gain compared to LKR 38,376,046 or LKR 0.27 per basic share and LKR 0.16 per basic share excluding fair value gain last year. Net cash used in operating activities was LKR 579,084 compared to LKR 23,814,080 last year. Acquisition of property, plant and equipment was LKR 73,000 compared to LKR 934,514 last year. Net assets per share were LKR 6.32 compared to LKR 6.24 per share last year. Return on equity was 1.42% compared to 3.41% last year.

For the year, on company basis, the company reported revenue of LKR 241,443,451 compared to revenues of LKR 198,609,893 for the same period a year ago. Profit from operating activities was LKR 36,412,716 compared to LKR 54,903,362 last year. Profit before taxation was LKR 7,183,625 compared to LKR 22,363,626 last year. Profit was LKR 7,160,101 or LKR 0.05 per basic share and negative LKR 0.01 per basic share excluding fair value gain compared to LKR 21,716,666 or LKR 0.15 per basic share and LKR 0.04 per basic share excluding fair value gain last year. Net cash flow from operating activities was LKR 337,627 compared to net cash used in operating activities of LKR 42,433,810 last year. Acquisition of property, plant and equipment was LKR 73,000 compared to LKR 917,191 last year. Net assets per share were LKR 4.25 compared to LKR 4.21per share last year. Return on equity was 1.20% compared to 3.68% last year.