ECONOMYNEXT - Sri Lanka's Access Engineering Plc, a construction group, said profits in the March 2017 quarter rose 31 percent to Rs831 million from a year earlier.
Sales rose 14 percent to Rs5.2 billion in the March quarter, according to interim accounts filed with the stock exchange.
Quarterly earnings per share rose 30 percent to 83 cents from 64 cents. The share last traded at Rs26.30.
EPS for the financial year ended 31 March 2017 rose 9.3 percent to Rs2.70 with annual net profit at Rs2.7 billion while sales rose 16 percent to Rs20.4 billion.
The increase in annual profits came mainly from the construction business with profit from its Sathosa Motors subsidiary, which holds the franchise in Sri Lanka for Isuzu Motor vehicles, falling.
Sales rose 14 percent to Rs5.2 billion in the March quarter, according to interim accounts filed with the stock exchange.
Quarterly earnings per share rose 30 percent to 83 cents from 64 cents. The share last traded at Rs26.30.
EPS for the financial year ended 31 March 2017 rose 9.3 percent to Rs2.70 with annual net profit at Rs2.7 billion while sales rose 16 percent to Rs20.4 billion.
The increase in annual profits came mainly from the construction business with profit from its Sathosa Motors subsidiary, which holds the franchise in Sri Lanka for Isuzu Motor vehicles, falling.
No comments:
Post a Comment