CIC Holdings PLC reported parent and consolidated earnings results for the first quarter ended June 30, 2011. For the quarter, on parent basis, the company's revenue was LKR 1.305 billion compared with LKR 0.991 billion a year ago. Profit before tax was LKR 73.66 million compared with LKR 169.13 million a year ago. Profit attributable to equity holders of the company was LKR 47.71 million or LKR 0.50 per basic and diluted share compared with LKR 141.29 million or LKR 3.80 per basic and diluted share a year ago. Net cash outflow from operating activities was LKR 168.09 million compared with LKR 20.75 million a year ago. The company reported purchase and construction of property, plant and equipment of LKR 42.95 million compared with LKR 33.11 million a year ago. For the quarter, on consolidated basis, the company's revenue was LKR 5.327 billion compared with LKR 4.250 billion a year ago. Profit before tax was LKR 0.317 billion compared with LKR 0.276 billion a year ago. Profit attributable to equity holders of the company was LKR 203.80 million or LKR 2.15 per basic and diluted share compared with LKR 183.95 million or LKR 1.66 per basic and diluted share a year ago. Net cash outflow from operating activities was LKR 21.24 million compared with LKR 456.36 billion a year ago. The company reported purchase and construction of property, plant and equipment of LKR 264.18 million compared with LKR 82.82 million a year ago.