The Finance Company PLC reported unaudited earnings results for the first quarter ended June 30, 2018. For the quarter, the company's gross income was LKR 804,027,542 compared to 866,492,255 a year ago. Net operating loss was LKR 494,911,693 compared to LKR 273,661,521 a year ago. Loss before income tax was LKR 743,649,654 compared to LKR 541,898,075 a year ago. Loss for the period was LKR 743,649,654 or LKR 4.64 per basic share compared to LKR 541,898,075 or LKR 3.38 per basic share a year ago. Net cash flows used in operating activities was LKR 278,492,986 compared to net cash flows from operating activities of LKR 572,457,894 a year ago. Acquisition of property, plant and equipment was LKR 1,705,236 compared to LKR 581,500 a year ago. Interest income was LKR 791,783,580 against LKR 798,147,113 a year ago.

For the first quarter ended June 30, 2018, the company reported impairment charge for loans and other assets of INR 200,855,433 against INR 125,671,574 a year ago.