Swarnamahal Financial Services PLC announced unaudited earnings results for the first quarter ended June 30, 2018. For the quarter, the company announced interest income of LKR 149,018,984 compared to LKR 175,761,711 a year ago. Net interest income was LKR 32,000,905 compared to LKR 61,182,785 a year ago. Operating loss before value added tax was LKR 40,245,489 compared to profit if LKR 8,090,775 a year ago. Loss from operations before taxation was LKR 40,245,489 compared to profit of LKR 3,691,779 a year ago. Loss for the period was LKR 40,245,489 or LKR 0.080 per share compared to profit of LKR 2,886,220 or LKR 0.006 per share a year ago. Net cash used in operating activities was LKR 364,724,093 compared to LKR 36,564,926 a year ago. Additions to property plant and equipment were LKR 7,875 compared to LKR 386,000 a year ago. Return on Assets (After Tax) were negative 7.02% compared to 0.42% a year ago.