By J. Kurukulasuriya
The stated capital of the company is Rs 1,207 million, divided into 1,409,505,596 shares.
The directors hold 55% of the share capital and the public hold 12.73% of the share capital.
The share traded at a high of Rs 3.10 and a low of Rs 3.00, the lowest price seen since
31st March was Rs 2.60, as shown by the quarterly report.
The net asset value of the shares was Rs 2.80 at 31st December.
Ceylon FT: Nawaloka Hospitals PLC has settled dollar loans to the extent of Rs 773 million during the quarter, being part redemption of the 15 million unsecured redeemable debentures issued in September 2013, nine-month results for the period ended 31 December 2013 show. Group finance costs increased 70%. The nine month profit of Rs 236 million is a 43% drop compared to the corresponding nine-month period. Nine-month group revenue of Rs 3,210 million and all expenses except finance costs, were virtually unchanged, but operating income increased to 55% to Rs 45 million. Up to 31December the group had paid Rs 870 million as an advance payment for land acquired.
Dividends due to shareholders amounting to Rs 2 million remained "unclaimed."
The stated capital of the company is Rs 1,207 million, divided into 1,409,505,596 shares.
Director H.K.J. Dharmadasa is the top shareholder with 33% of the shares while Nawaloka Construction Company Ltd., holds 31% and director Dr T. Senthilverl holds 22%. Other significant shareholders are the National Savings Bank, Bank of Ceylon, and Seylan Bank.
The directors hold 55% of the share capital and the public hold 12.73% of the share capital.
The share traded at a high of Rs 3.10 and a low of Rs 3.00, the lowest price seen since
31st March was Rs 2.60, as shown by the quarterly report.
The net asset value of the shares was Rs 2.80 at 31st December.
www.ceylontoday.lk
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