Tuesday 28 January 2014

Keells Food in the red

Ceylon FT: Keells Food Products PLC saw net profits fall 192% during the nine months ended December 2013, from Rs 64.14 million a year earlier, to a loss of Rs 58.7 million, interim financial results showed.

Revenue grew 3% to Rs 1.73 billion during the period.

A voluntary retirement scheme saw an additional expense of Rs 139 million being reported during the period from a year ago.

Net finance income dipped 11% to Rs 23.6 million.
http://ceylontoday.lk/22-54192-news-detail-keells-food-in-the-red.html

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