Monday, 2 February 2015

JKH, PBT at 5.42bn in 3Q

John Keells Holdings Group posted a profit before tax (PBT) at Rs.5.42 billion in the third quarter of the financial year 2014/15, an increase of 27 per cent over the corresponding Rs.4.27 billion recorded in the previous financial year.

The PBT for the first nine months of the financial year 2014/15 at Rs.12.16 billion is an increase of 33 per cent over the Rs.9.11 billion recorded in the corresponding period of the last financial year said Chairman Susantha Ratnayake.

The profit attributable to equity holders for the third quarter at Rs.4.33 billion reflects an increase of 28 per cent over the corresponding Rs.3.39 billion in the previous year, while the performance for the first nine month at Rs.9.13 billion reflects an increase of 30 per cent over the corresponding Rs.7.04 billion recorded in the last financial year.

The revenue at Rs.25.47 billion in the third quarter of the financial year 2014/15 is an increase of 9 per cent over the corresponding Rs.23.47 billion recorded in the previous financial year. The revenue for the first nine months of the financial year 2014/15 at Rs.68.92 billion is an increase of 7 per cent over the Rs.64.21 billion recorded in the corresponding period of the last financial year.

The Company PBT for the third quarter of the financial year 2014/15 at Rs.2.33 billion is an increase of 8 per cent over the corresponding Rs.2.17 billion recorded in the previous financial year, while the PBT for the first nine months of the financial year at Rs.6.39 billion is an increase of 38 per cent over the corresponding Rs.4.62 billion recorded in the financial year 2013/14. The Transportation industry group PBT of Rs.727 million in the third quarter of 2014/15 is an increase of 35 per cent over the third quarter of the previous financial year.

The Leisure industry group PBT of Rs.1.40 billion in the third quarter of 2014/15 is a decrease of 9 per cent over the third quarter of the previous financial year.

The Sri Lankan Resorts sector, recorded an increase in profitability, aided by the growth in tourist arrivals. The Consumer Foods and Retail industry group PBT of Rs.583 million in the third quarter of 2014/15 is an increase of 156 per cent over the third quarter of the previous financial year

The Property industry group PBT of Rs.376 million in the third quarter of 2014/15 is an increase of 8 per cent over the third quarter of the previous financial year.

Ceylon Cold Stores witnessed an increase in profitability, aided by its evolving product mix amidst improving consumer sentiment and changing consumption patterns. The Information Technology industry group PBT of Rs.120 million in the third quarter of 2014/15 is an increase of 38 per cent over the third quarter of the previous financial year.
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