LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
29 October, 2013 07:13 AM Source: Lanka Business Online - LBO

Sri Lanka's Lanka Tiles Plc said profits rose 15 percent to 183 million rupees in the September 2013 quarter from a year earlier amid another drop in export sales.

The firm reported earnings of 3.46 rupees per share in accounts filed with the Colombo Stock Exchange. For the six months to September earnings of 4.81 rupees were reported on total profits of 255 million rupees.

The firm said net revenues rose 13.4 percent to 1.23 billion rupees in the September quarter from a year earlier and cost of sales rose at a slower 10 percent to 820 million rupees, widening gross profits 18 percent to 411 million rupees.

The tile market is protected by the state with import duties allowing a virtual monopoly to develop despite high prices. More...

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus

Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014


Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?