The Finance Company PLC Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For the nine months, the company reported negative net interest income of LKR 625,771,744 against LKR 341,089,709 a year ago. Loss before operating expenses was LKR 340,986,915 against profit before operating expenses of LKR 754,004,784 for the same period a year ago. Loss before income tax was LKR 1,262,117,319 against profit before income tax of LKR 15,852,750 for the same period a year ago. Loss for the period was LKR 1,262,117,319 or LKR 7.87 per share against profit for the period of LKR 15,852,750 or LKR 0.10 per share for the same period a year ago. Net cash used in operating activities was LKR 219,798,533 against net cash generated from operating activities of LKR 641,944,398 a year ago. Acquisition of property, plant and equipment was LKR 8,592,620 against LKR 12,126,109.66 a year ago.