F L C Hydro Power PLC reported unaudited consolidated and company earnings results for the fourth quarter year ended March 31, 2014 and audited earnings results for the year ended March 31, 2014. For the quarter, on consolidated basis, the company reported revenue of LKR 4,950,934 against LKR 12,420,356 for the same period last year. Loss from operating activities was LKR 15,933,912 against LKR 7,396,403 for the same period last year. Loss before tax was LKR 17,856,356 against LKR 7,518,820 for the same period last year. Loss after tax was LKR 17,865,288 or LKR 0.16 per share against LKR 12,455,926 or LKR 0.11 per share for the same period last year.

For the year, on consolidated basis, the company reported revenue of LKR 87,270,121 against LKR 51,370,938 for the same period last year. Profit from operating activities was LKR 11,365,399 against loss from operating activities of LKR 1,921,857 for the same period last year. Profit before tax was LKR 9,175,861 against loss before tax of LKR 2,514,321 for the same period last year. Loss after tax was LKR 3,742,403 or LKR 0.04 per share against LKR 29,917,459 or LKR 0.27 per share for the same period last year. Net cash flow from operating activities was LKR 61,542,502 against LKR 67,864,622 for the same period last year. Purchase of property, plant and equipment was LKR 1,546,393 against LKR 498,493 for the same period last year.

For the quarter, on company basis, the company reported revenue of LKR 4,500,924 against LKR 12,420,356 for the same period last year. Loss from operating activities was LKR 10,908,081 against LKR 5,796,980 for the same period last year. Loss before tax was LKR 10,963,725 against LKR 5,919,397 for the same period last year. Loss after tax was LKR 10,971,903 or LKR 0.09 per share against LKR 10,856,503 or LKR 0.10 per share for the same period last year.

For the year, on company basis, the company reported revenue of LKR 86,820,111 against LKR 51,370,938 for the same period last year. Profit from operating activities was LKR 19,865,243 against LKR 669,864 for the same period last year. Profit before tax was LKR 19,542,505 against LKR 77,450 for the same period last year. Profit after tax was LKR 14,115,120 or LKR 0.14 per share against loss after tax of LKR 26,860,201 or LKR 0.25 per share for the same period last year. Net cash flow from operating activities was LKR 11,341,793 against net cash used in operating activities of LKR 146,491,376 for the same period last year. Purchase of property, plant and equipment was LKR 871,749 against LKR 95,528 for the same period last year.