Renuka Foods PLC Reports Audited Consolidated and Company Earnings Results for the Year Ended March 31, 2018
August 16, 2018 at 03:13 am
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Renuka Foods PLC reported audited consolidated and company earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported revenue of LKR 7,551,205,155 against LKR 7,051,380,800 a year ago. Operating profit was LKR 146,734,647 against LKR 556,875,977 a year ago. Profit before tax was LKR 43,066,402 against LKR 478,837,147 a year ago. Loss from continuing operations was LKR 105,369,940 against profit of LKR 442,581,240 a year ago. Loss attributable to owners of the company was LKR 92,846,577 or LKR 0.76 per basic and diluted share against profit of LKR 251,341,899 or LKR 2.05 per basic and diluted share a year ago. Net cash generated from operating activities was LKR 354,813,303 against LKR 401,658,971 a year ago. Addition to property, plant and equipment and investment property was LKR 476,743,006 against LKR 344,026,244 a year ago. Addition to biological assets was LKR 16,551,519 against LKR 130,000 a year ago. Addition to intangible assets was LKR 2,750,000 against LKR 15,056,355 a year ago. Return on equity negative was 1.12% compared to positive of 3.12% a year ago.
For the year, on company basis, the company reported revenue of LKR 68,752,710 against LKR 120,724,425 a year ago. Operating profit was LKR 65,365,246 against LKR 115,610,982 a year ago. Profit before tax was LKR 56,753,010 against LKR 108,739,182 a year ago. Profit from continuing operations was LKR 58,102,561 against LKR 113,390,016 a year ago. Profit attributable to owners of the company was LKR 58,102,561 or LKR 0.47 per basic and diluted share against LKR 113,390,016 or LKR 0.92 per basic and diluted share a year ago. Net cash generated from operating activities was LKR 26,635,692 against LKR 135,415,819 a year ago.
Renuka Foods PLC is a Sri Lanka-based food and beverages company that owns, directly or indirectly, investments engaged in Agri Business and fast-moving consumer goods (FMCG) companies. The Company's segments include Agri Food Exports and Consumer Brands. The Agri Food Exports segment is engaged in the manufacture and export of Agri based products. The Consumer Brands segment is engaged in the manufacturing and distribution of consumer brands. Its product categories include Coconut, Canned Fish, Dairy, Culinary, Snacks and Confectionary, Tea and Tisanes, Fruit Beverage, and Baking. Its products include Coconut Milk Powder, Creamed Coconut, Coconut Spread, Virgin Coconut Oil, Coconut Flour, Sweetened Cream of Coconut, Coconut Milk Drinks, Coconut Water, Organic Coconut, Jack Mackerel, Mackerel, Tuna Chunks, Tuna Spreads, Fresh Milk, Iced coffee, Soya meat curry Flavor, Soya meat - Chicken Flavor, Snack Bars, Potato Cracker, French Fries, Drink Mix Powders, Coloring and Bubblegum.
RENUKA FOODS PLC 
