COLOMBO (EconomyNext) – Sri Lanka's Keells Food Products said December 2016 quarter net profit fell 21 percent to Rs77 million from a year ago.
Sales of the firm, a unit of John Keells Holdings group, fell 5 percent to Rs796 million, according to interim results filed with the stock exchange.
Keells Food, which makes processed meats, said December quarter earnings per share fell to Rs3.03 from Rs3.85 a year ago. The share was last traded at Rs152.50.
In the nine months to 31 December 2016, Keells Food EPS fell to Rs8.90 from Rs10.36 the year before, with sales flat at Rs2.3 billion.
Sales of the firm, a unit of John Keells Holdings group, fell 5 percent to Rs796 million, according to interim results filed with the stock exchange.
Keells Food, which makes processed meats, said December quarter earnings per share fell to Rs3.03 from Rs3.85 a year ago. The share was last traded at Rs152.50.
In the nine months to 31 December 2016, Keells Food EPS fell to Rs8.90 from Rs10.36 the year before, with sales flat at Rs2.3 billion.
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