Corporate Earnings Update

Thursday, 14 November 2013 01:02 - - {{hitsCtrl.values.hits}}

Kegalle Plantations (KGAL) reported a net profit of Rs. 125 m in 2Q14 (down 22% YoY), resulting in a net profit of Rs. 215 m for 1H14 (down 25% YoY). Lanka Orix Leasing Company (LOLC) reported a net profit of Rs. 436 m for 2Q14 (down 55% YoY), resulting in a net profit of Rs. 589 m for 1H14 (down 61% YoY). Panasian Power (PAP) reported a net profit of Rs. 24 m for 2Q14 (up 176% YoY), resulting in a net profit of Rs.87 m for 1H14 (up 209% YoY). Renuka Agri Foods (RAL) reported a net profit of Rs. 61 m for 2Q14 (down 9% YoY), resulting in a net profit of Rs. 95 m for 1H14 (down 52% YoY). Renuka Holdings (RHL) reported a net profit of Rs. 64 m for 2Q14 (up 34% YoY), resulting in a net profit of Rs.100 m for 1H14 (up 28% YoY). Union Assurance (UAL) reported a net profit of Rs.102 m for 3Q2013 (up 54% YoY), resulting in a net profit of Rs. 291 m for 1-3Q2013 (up 31% YoY). Source: CT Smith Stockbrokers

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