The group reported earnings of 2.31 rupees per share. During the six months to September the group reported earnings of 4.11 rupees per share on total profits of 3.6 billion rupees down 10 percent from a year earlier.
Chairman Susanthe Ratnayake told shareholders pre-tax profits in the transportation sector were down 15 percent on lower ports and bunkering business.
"Although the drop in the ports business was the result of a recent re-alignment of some services, the overall outlook remains stable with volumes over Colombo expected to grow strongly in the medium term," he said.
Pre-tax profits in leisure rose 20 percent to 1.14 billion rupees
The loss in property was down to 45 million rupees from 258 million rupees a year earlier.
Consumer goods sector profits fell 12 percent to 253 million rupees with weaker soft drink sales but frozen confectionery sales were up.