Dilmah Ceylon Tea Company PlcAnnounces Unaudited Consolidated & Parent Financial Results for the Quarter Ended June 30, 2018
August 15, 2018 at 07:08 am
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Dilmah Ceylon Tea Company Plc announced unaudited consolidated & parent financial results for the quarter ended June 30, 2018. For the quarter, on consolidated basis, the company reported revenue of LKR 2,447,862,000 against LKR 2,291,539,000 for the same period a year ago. Profit before tax was LKR 186,808,000 against LKR 450,312,000 for the same period a year ago. Profit after tax was LKR 157,808,000 against LKR 403,312,000 for the same period a year ago. Basic earnings per share were LKR 7.61 against LKR 20.17 for the same period a year ago. Net cash used in operating activities was LKR 23,253,000 against net cash from operating activities of LKR 237,981,000 for the same period a year ago. Acquisition of property, plant & equipment was LKR 75,422,000 against LKR 150,368,000 for the same period a year ago. Acquisition of intangible assets was LKR 14,502,000 against LKR 11,811,000 for the same period a year ago.
For the quarter, on parent basis, the company reported revenue of LKR 2,437,505,000 against LKR 2,287,609,000 for the same period a year ago. Profit before tax was LKR 189,027,000 against LKR 459,237,000 for the same period a year ago. Profit after tax was LKR 160,027,000 against LKR 412,237,000 for the same period a year ago. Basic earnings per share were LKR 7.72 against LKR 20.61 for the same period a year ago. Net cash used in operating activities was LKR 19,912,000 against net cash from operating activities of LKR 237,761,000 for the same period a year ago. Acquisition of property, plant & equipment was LKR 75,422,000 against LKR 150,349,000 for the same period a year ago. Acquisition of intangible assets was LKR 14,502,000 against LKR 11,811,000 for the same period a year ago.
Dilmah Ceylon Tea Company PLC is a vertically integrated tea company. The Company is engaged in manufacturing, exporting, and marketing tea bags and packets under the brand name Dilmah. The Company's segments include Tea Bags, Tea Packets, Ready to Drink (RTD) and Others. Its other sales include bulk tea and other value-added teas. Its tea types consist of black tea, green tea, oolong tea, white tea, herbal tea, and natural herbal infusion. Its products include the Tea maker's Private Reserve, Watte Boutique Tea, Dilmah t Series Designer Gourmet Tea, Silver Jubilee Gourmet, Dilmah Vivid Tea, Single Region Selection, Ceylon Green Tea, Organic Teas and Infusions, Dilmah Real Fresh Iced Tea, Fun Tea Selection, Seven Star Tea Services, and others. The Company's tea estates include Bearwell Estate, Clarendon Estate, Dessford Estate, Craighead Estate, Kataboola Estate, Henakanda Lelwala Estate, Maha Eliya Estate, Windsorforest Estate, Imboolpittia Estate, Opata Estate, and Nilagama Estate.