Dilmah Ceylon Tea Company Plc announced audited group and company earnings results for the full year ended March 31, 2018. For the year, the group reported revenues of LKR 9,204,616,000 against LKR 7,302,141,000 a year ago. Profit before tax was LKR 1,280,774,000 against LKR 964,040,000 a year ago. Profit for the year was LKR 1,192,933,000 or LKR 59.74 per share against LKR 827,360,000 or LKR 41.37 per basic share a year ago. Net cash from operating activities was LKR 635,508,000 against LKR 859,176,000 a year ago. Acquisition of property, plant & equipment was LKR 672,360,000 against LKR 618,590,000 a year ago. Acquisition of intangible assets was LKR 255,399,000 against LKR 100,338,000 a year ago.

For the year, the company reported revenues of LKR 9,177,758,000 against LKR 7,288,357,000 a year ago. Profit before tax was LKR 1,270,098,000 against LKR 964,166,000 a year ago. Profit for the year was LKR 1,192,879,000 against LKR 827,502,000 a year ago. Net cash from operating activities was LKR 637,266,000 against LKR 852,561,000 a year ago. Acquisition of property, plant & equipment was LKR 672,340,000 against LKR 618,395,000 a year ago. Acquisition of intangible assets was LKR 39,458,000 against LKR 100,338,000 a year ago.

The company is confident of reporting satisfactory results in the year 2018/2019 despite significant losses from the Australian business.

For the first quarter 2019, the company sales are as expected and the company believes the trend will continue.