Ceylon FT: Distilleries Company of Sri Lanka (DCSL) reported a net profit of Rs 6.32 billion for the year ended 31 March 2014, up 20.23% from a year ago, interim financial results showed.
Group revenue fell 2.10% to Rs 64.4 billion and gross profit rose 8.8% to Rs 14 billion.
Investment and other income fell 28.23% to Rs 1.26 billion, distribution expenses rose 2.80% to Rs 1.89 billion, administration expenses rose 8.69% to Rs 3.73 billion and other operating expenses fell 61.2% to Rs 353.67 million.
Finance costs fell 27.85% to Rs 1.2 billion and pre-tax profits grew 17.93% to Rs 9.53 billion. Earnings per share amounted to Rs 20.68, up from Rs 17.13 a year ago.
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