Friday 31 January 2014

Amaya Leisure profits down 4.86%

Ceylon FT: Amaya Leisure PLC reported a net profit of Rs 228.25 million for the nine months ended December 2013, down 4.86% from a year ago, interim financial results showed. Revenue grew 12.53% to Rs 807.16 million.

Administrative expenses grew 12.49% to Rs 261.45 million and finance expenses grew 47.8% to 13.63 million.


The company saw revenue grow 19% year-on-year to Rs 305 million during the December quarter and net profit grew 28% to Rs 107.2 million.

Hayleys PLC held a 40.32% stake in the firm as at the balance sheet date.

The company operates seven luxury resorts and spas.
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