The Swadeshi Industrial Works PLC announced consolidated and company earnings results for first quarter ended June 30, 2018. For the quarter, the company reported turnover of LKR 444,182,053 against LKR 399,705,050 a year ago. Profit from operation was LKR 18,101,395 against LKR 7,469,627 a year ago. Profit on ordinary activities before taxation was LKR 1,414,724 against loss of LKR 10,274,425 a year ago. Profit on ordinary activities after taxation was LKR 1,414,724 against loss of LKR 10,274,425 a year ago. Cash generated from operations was LKR 64,065,000 compared to cash used in operations of LKR 7,986,000 a year ago. Acquisition of property plant & equipment was LKR 5,781,395. For the quarter, the group reported turnover of LKR 455,551,336 against LKR 408,155,341 a year ago. Profit from operation was LKR 19,636,954 against LKR 5,493,099 a year ago. Profit on ordinary activities before taxation was LKR 2,497,615 against loss of LKR 12,830,096 a year ago. Profit on ordinary activities after taxation was LKR 2,497,615 or LKR 16.73 per share against loss of LKR 12,830,096 or LKR 98.19 per share a year ago. Net assets value per share was LKR 5,431. Cash generated from operations was LKR 67,668,000 compared to cash used in operations of LKR 5,752,000 a year ago. Acquisition of property plant & equipment was LKR 5,781,395.