Ceylon and Foreign Trades PLC reported unaudited standalone and consolidated earnings results for third quarter and nine months ended December 31, 2013. For the quarter on standalone basis, the company reported revenue of LKR 130,873,996 against LKR 62,656,573 a year ago. Profit from operations before finance cost was LKR 10,235,748 against LKR 8,469,293 a year ago. Profit before taxation was LKR 1,975,143 against LKR 2,538,954 a year ago. Net profit for the period was LKR 1,975,143 against LKR 2,538,954 a year ago. Earnings per share were LKR 0.01 against LKR 0.02 a year ago.

For the nine months on standalone basis, the company reported revenue of LKR 367,585,639 against LKR 126,586,618 a year ago. Profit from operations before finance cost was LKR 28,602,743 against LKR 23,185,169 a year ago. Profit before taxation was LKR 5,407,993 against LKR 3,639,702 a year ago. Net profit for the period was LKR 5,407,993 against LKR 3,639,702 a year ago. Earnings per share were LKR 0.04 against LKR 0.03 a year ago. Net cash inflows from operating activities were LKR 37,750,033 against LKR 19,180,714 a year ago.

For the quarter on consolidated basis, the company reported revenue of LKR 130,873,996 against LKR 62,656,573 a year ago. Profit from operations before finance cost was LKR 10,031,747 against LKR 4,264,369 a year ago. Profit before taxation was LKR 1,771,142 against loss before taxation of LKR 1,665,970 a year ago. Net profit for the period was LKR 6,402,347 against LKR 2,550,446 a year ago. Earnings per share were LKR 0.05 against LKR 0.02 a year ago. Attributable to equity holders of the parent were LKR 6,327,864 against LKR 2,710,782 a year ago.

For the nine months on consolidated basis, the company reported revenue of LKR 367,585,639 against LKR 126,586,618 a year ago. Profit from operations before finance cost was LKR 22,722,093 against LKR 12,883,103 a year ago. Loss before taxation was LKR 472,657 against LKR 6,662,364 a year ago. Net profit for the period was LKR 13,627,588 against LKR 6,133,181 a year ago. Earnings per share were LKR 0.10 against LKR 0.03 a year ago. Attributable to equity holders of the parent were LKR 13,404,139 against LKR 6,007,883 a year ago. Net cash inflows from operating activities were LKR 37,744,446 against LKR 30,322,630 a year ago.