Ceylon FT: Diversified Distilleries Company of Sri Lanka PLC saw profits grow 7.74% for the nine months ended December 2013, buoyed by earnings from the beverages sector despite the sector seeing a fall in revenue.
Group net profit grew 7.74% from a year ago to Rs 4.96 billion for the nine-month period.
Gross revenue fell 4.25% to 47.44 billion and net turnover grew a marginal 1.60% to Rs 21.84 billion.The beverages segment saw turnover fall 6.3% to Rs 39.8 billion, down from Rs 42.5 billion a year ago, but profits rose 8.1% to Rs 6.24 billion, up from Rs 5.77 billion a year ago.
The plantations sector saw turnover increase 15.9% to Rs 2.5 billion, up from Rs 2.15 billion a year ago, but profits fell 23.9% to Rs 98 million, down from Rs 128.9 million last year.
The telecommunications sector saw turnover fall 5.8% to Rs 2.89 billion, down from Rs 3.07 billion a year ago and reported a loss of Rs 300 million, up 107.8% from a Rs 144.4 million loss the previous year.
The diversified sector saw turnover increase 22.9% to Rs 2.22 billion, up from Rs 1.81 billion a year ago with profits increasing 197.5% to Rs 482.3 million, up from Rs 162.1 million a year ago.
Earnings per share increased to Rs 16.27 for the nine months ended December 2013, up from Rs 14.99 a year ago.
www.ceylontoday.lk
Group net profit grew 7.74% from a year ago to Rs 4.96 billion for the nine-month period.
Gross revenue fell 4.25% to 47.44 billion and net turnover grew a marginal 1.60% to Rs 21.84 billion.The beverages segment saw turnover fall 6.3% to Rs 39.8 billion, down from Rs 42.5 billion a year ago, but profits rose 8.1% to Rs 6.24 billion, up from Rs 5.77 billion a year ago.
The plantations sector saw turnover increase 15.9% to Rs 2.5 billion, up from Rs 2.15 billion a year ago, but profits fell 23.9% to Rs 98 million, down from Rs 128.9 million last year.
The telecommunications sector saw turnover fall 5.8% to Rs 2.89 billion, down from Rs 3.07 billion a year ago and reported a loss of Rs 300 million, up 107.8% from a Rs 144.4 million loss the previous year.
The diversified sector saw turnover increase 22.9% to Rs 2.22 billion, up from Rs 1.81 billion a year ago with profits increasing 197.5% to Rs 482.3 million, up from Rs 162.1 million a year ago.
Earnings per share increased to Rs 16.27 for the nine months ended December 2013, up from Rs 14.99 a year ago.
www.ceylontoday.lk
No comments:
Post a Comment