Ceylon and Foreign Trades PLC reported unaudited company and consolidated earnings results for the second quarter and six months ended September 30, 2013. For the quarter, on company basis, reported revenue of LKR 146,892,322 compared to LKR 38,982,386 a year ago. Profit from operations was LKR 10,063,096 compared to LKR 17,083,210 a year ago. Profit before taxation was LKR 1,753,803 compared to LKR 8,775,744 a year ago. Net profit was LKR 1,753,803 or LKR 0.01 per share compared to LKR 8,775,744 or LKR 0.06 per share a year ago.

For the six months period, on company basis, reported revenue of LKR 236,711,643 compared to LKR 63,930,045 a year ago. Profit from operations was LKR 18,366,995 compared to LKR 14,715,875 a year ago. Profit before taxation was LKR 3,432,850 compared to LKR 1,100,748 a year ago. Net profit was LKR 3,432,850 or LKR 0.02 per share compared to LKR 1,100,748 or LKR 0.01 per share a year ago. Net cash inflows from operating activities was LKR 10,235,533 compared to net cash outflows from operating activities of LKR 14,005,188 a year ago.

For the quarter, on consolidated basis, reported revenue of LKR 146,892,322 compared to LKR 38,982,386 a year ago. Profit from operations was LKR 4,386,447 compared to LKR 10,986,069 a year ago. Loss before taxation was LKR 3,922,846 compared to profit before taxation of LKR 2,678,603 a year ago. Net profit was LKR 780,105 or LKR 0.01 per share compared to LKR 6,831,086 or LKR 0.05 per share a year ago.

For the six months period, on consolidated basis, reported revenue of LKR 236,711,643 compared to LKR 63,930,045 a year ago. Profit from operations was LKR 12,690,346 compared to LKR 8,618,734 a year ago. Loss before taxation was LKR (2,243,799 compared to LKR 4,996,394 a year ago. Net profit was LKR 7,225,242 or LKR 0.05 per share compared to LKR 3,582,736 or LKR 0.03 per share a year ago. Net cash inflows from operating activities was LKR 10,229,957 compared to net cash outflows from operating activities of LKR 7,146,496 a year ago.