FT Quick Take

Thursday, 1 November 2012 01:00 -     - {{hitsCtrl.values.hits}}

 

Corporate results update

  • Kelani Valley Plantations (KVAL) reported a net profit of Rs. 173 million for 3Q2012 (up 123% YoY), resulting in a net profit of Rs. 387 million for 1-3Q2012 (up 41% YoY).

nPeople’s Leasing Company (PLC) reported a net profit of Rs. 795 million (up 1% YoY), resulting in a net profit of Rs 1,505 million for 1H13 (up 40% YoY).

  • Overseas Realty (Ceylon) (OSEA) reported a net profit of Rs. 274 million for the 3Q2012 (up 97% YoY), resulting in a net profit of Rs. 445 million for 1-3Q2012 (up 16% YoY).

nTrans Asia Hotels (TRAN) reported a net profit of Rs. 216 million for the 2Q13 (up 81% YoY), resulting in a net profit of Rs. 375 million for 1H13 (up 96% YoY).

  • Gestetner of Ceylon (GEST) reported a net profit of Rs. 2 million for 2Q13 (down 72% YoY), resulting in a net profit of Rs. 3.1 million for 1H13 (down 77% YoY).
  • Chevron Lubricants Lanka (LLUB) reported a net profit of Rs. 522 million for 3Q2012 (down 13% YoY), resulting in a net profit of Rs.1,716 million for 1-3Q2012 (up 19% YoY).
  • Union Bank of Colombo (UBC) reported a net profit of Rs. 71 million for 3Q2012 (up 7% YoY), resulting in a net profit of Rs.173 million for 1-3Q2012 (down 13% YoY).
  • Bogawantalawa Tea Estates (BOPL) reported a net profit of Rs. 89 million for 2Q13 (vs. a net loss Rs.128 million), resulting in a net profit of Rs.138 million for 1H13 (vs. a net loss Rs.172 million)

(Source: CT Smith Stockbrokers)

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