Swarnamahal Financial Services Limited announced unaudited earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported income of LKR 178,570,291 compared to LKR 149,825,309 a year ago. Net interest income was LKR 69,261,246 compared to LKR 40,147,870 a year ago. Operating income was LKR 70,480,608 compared to LKR 43,439,452 a year ago. Operating loss before value added tax was LKR 20,141,052 compared to LKR 5,963,646 a year ago. Loss from operation before taxation was LKR 22,731,527 compared to LKR 21,020,370 a year ago. Net loss for the period was LKR 24,547,197 compared to LKR 23,791,775 a year ago. Basic loss per share were LKR 0.05 compared LKR 0.05 a year ago. For the six months, the company reported income of LKR 347,377,255 compared to LKR 301,722,835 a year ago. Net interest income was LKR 130,886,666 compared to LKR 82,343,676 a year ago. Operating income was LKR 134,156,452 compared to LKR 88,560,274 a year ago. Operating loss before value added tax was LKR 18,133,951 compared to LKR 11,842,038 a year ago. Loss from operation before taxation was LKR 23,233,951 compared to LKR 3,214,686 a year ago. Net loss for the period was LKR 26,456,841 compared to LKR 10,303,751 a year ago. Basic loss per share were LKR 0.05 compared LKR 0.02 a year ago. Net cash used in operating activities was LKR 70,322,633 compared to LKR 173,583,616 a year ago. Addition of property plant and equipment was LKR 8,120,754 compared to LKR 2,916,904 a year ago. Negative return on assets after tax was 0.89% compared to 0.33% a year ago.