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Corporate Actions Announced on 11th May, 2012 - Updated

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

11-May-2012 Annual Report 2011 - ATL
ATL- Annual Report 2011 has been uploaded on the CSE website (www.cse.lk).
http://www.cse.lk/cmt/upload_report_file/361_1336735831.pdf

11-May-2012 DIVIDEND ANNOUNCEMENTS - HAYC, LION, BREW
HAYCARB PLC
Company ID: - HAYC
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.5.50 per share (Rs. 5.20 per share - Liable to 10% dividend tax / Rs. 0.30 per share - Not liable to 10% dividend tax)
Financial Year: - 2011 / 2012
Shareholder Approval: - Required
AGM: - 27.June.2012
XD: - 28.June.2012
Payment: - 06.July.2012
Share Transfer Book Open

LION BREWERY (CEYLON) PLC
Company ID: - LION
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.4.00 per share / First & Final Dividend
Financial Year: - 2011/2012
Shareholder Approval: - Required
AGM: - 08.June.2012
XD: - 11.June.2012
Payment: - 19.June.2012
Share Transfer Book Open

CEYLON BEVERAGE HOLDINGS PLC
Company ID: - BREW
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.6.00 per share / First & Final Dividend
Financial Year: - 2011/2012
Shareholder Approval: - Required
AGM: - 08.June.2012
XD: - 11.June.2012
Payment: - 19.June.2012
Share Transfer Book Open

11-May-2012 Interim Financial Statements - 31-03-2012

BALA, HAPU, MADU, NTB,RAL & UDPL
Financial Statements for the period ended 31-03-2012 have been uploaded on the CSE website.

BALA - http://cse.lk/cmt/upload_report_file/705_1336728388005.Balangoda%20Plantations%20%20PLC%20Jan-Mar%202012

HAPU - http://cse.lk/cmt/upload_report_file/708_1336728131916.pdf

MADU - http://cse.lk/cmt/upload_report_file/721_1336728437035.Madulsima%20Plantations%20PLC%20Jan%20Mar%202012

NTB - http://cse.lk/cmt/upload_report_file/387_1336733695737.pdf

RAL - http://cse.lk/cmt/upload_report_file/901_1336735176.pdf

UDPL - http://cse.lk/cmt/upload_report_file/727_1336728266311.pdf

11-May-2012 Corporate Disclosure - EXPO
http://cse.lk/cmt/upload_cse_announcements/501336737756_.pdf

11-May-2012 INTRODUCTION - Orient Financial Services Corporation Limited
http://www.cse.lk/cmt/upload_cse_announcements/7961336732576_.pdf

11-May-2012 CHANGE OF NAME - PMB
http://www.cse.lk/cmt/upload_cse_announcements/5701336725097_.pdf

11-May-2012 DEALINGS BY DIRECTORS - CERA, SINS, REEF, CFL, PCH
http://www.cse.lk/cmt/upload_cse_announcements/7101336733630_.pdf


11-May-2012 CHANGE OF DIRECTORATE - SPEN
http://www.cse.lk/cmt/upload_cse_announcements/3651336719623_.pdf

11-May-2012 Interim financial statements & Press Release 31-03-2012

HAYC - Interim Financial Statements & Press Release for the period ended 31-03-2012 have been uploaded on the CSE website.
http://www.cse.lk/cmt/upload_report_file/494_1336707255.pdf
http://www.cse.lk/cmt/upload_report_file/494_1336711004428.pdf

11-May-2012 INTRODUCTION - Commercial Leasing & Finance Limited
http://www.cse.lk/cmt/upload_report_file/494_1336711004428.pdf



Last edited by sriranga on Mon May 14, 2012 10:12 am; edited 6 times in total (Reason for editing : Add Interim Reports Links)

sriranga

sriranga
Co-Admin

Redbulls wrote:
11-May-2012 Interim financial statements & Press Release 31-03-2012

HAYC - Interim Financial Statements & Press Release for the period ended 31-03-2012 have been uploaded on the CSE website.
http://www.cse.lk/cmt/upload_report_file/494_1336707255.pdf
http://www.cse.lk/cmt/upload_report_file/494_1336711004428.pdf

Sri Lanka Haycarb March net up 19-pct
May 11, 2012 (LBO) - Sri Lanka's Haycarb, an activated carbon maker which factories in Thailand and Indonesia said profits grew 19.3 percent to 132 million rupees in the March 2011 quarter with production running at full capacity.

The firm reported earnings of 4.47 rupees per share for the quarter. For the year to March 2012, it reported earnings of 18.14 rupees on profits of 539 million rupees, which grew 7 percent from a year earlier.
Finance costs rose to 176 million rupees during the year up from 23 million rupees a year earlier, due to higher borrowings and a 77 million forex loss. At company level the forex loss was 84 million rupees.

"An increase in furnace oil prices in February 2012, combined with a hike in January of electricity tariffs and wage increases… will impose an additional estimated cost of over Rs 175 million per annum," Haycarb managing director Rajitha Kariyawasan said in a statement.

"The significant devaluation of the Sri Lankan currency will help us to offset some of these cost challenges in Sri Lanka, our largest manufacturing base."

An export firm can make more rupees on dollar priced exports and make more rupee profits by effectively paying lower real wages to workers nullifying wage increases.

Even domestic raw materials which are not internationally traded, will eventually catch up to the currency depreciation and prices of traded raw materials will catch up very quickly. Real wages can also catch up.
A firm will also have to spend more money on capital expenditure in the future though it may benefit from an effective real lowering of rupee denominated loans.

Sri Lanka's rupee fell partly due delayed increases in energy prices, where state enterprises used credit to pay for imported petroleum, putting pressure on a dollar peg.

Group revenues in the quarter rose 56 percent to 2.6 billion rupees, and costs rose at a faster 64 percent to 2.0 billion rupees, but the group managed to grow gross margins by a slower 31 percent to 570 million rupees.

The firm had invested 782 million in capital expenditure and was planning new plants in Indonesia and India.

Group long term loans denominated in rupees rose to 366 million rupees from 12.5 billion a year earlier, and short term borrowing to 1.3 billion rupees from 423 million rupees.

"The demand outlook for Haycarb’s high quality activated carbon from all our facilities remains strong," Kariyawasan said.

"With maximum capacity utilization we are concentrating more and more on high value and high margin products, applications and strategic customers, providing a much better value proposition."
http://lbo.lk/fullstory.php?nid=1525488446

http://sharemarket-srilanka.blogspot.co.uk/

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

May 11, 2012 (LBO) – Sri Lanka’s Commercial Leasing and Finance Limited and Orient Financial Services Corporation Limited plan to list their stock via an introduction, the Colombo Stock Exchange said Friday.

Commercial Leasing and Finance plans to list 6.38 billion ordinary voting shares, while Orient Leasing hopes to list 115.6 million of its voting stock, the exchange said.

The CSE said it has approved, “in principle” for both companies to list their voting shares on the Diri Savi Board.

Ordinary voting stock is given a listing on or before the third market day, when the exchange receives a declaration from the company.

A unit of the LOLC Group since 2008, Commercial Leasing and Finance offers a range of financial services from fixed deposits, savings, leasing, factoring, hire purchase and insurance to loans.

Commercial Leasing was incorporated in April 1988.
http://lbo.lk/fullstory.php?nid=871421343

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Thanks Redbulls for the update.
In one place all the info for the days, new to the forum.
Keep it up.

sriranga

sriranga
Co-Admin

May 12, 2012 (LBO) - Sri Lanka's Nations Trust Bank group said net profits for the March 2012 quarter rose 8 percent from a year earlier to 405 million rupees, as margins narrowed amid rising interest rates.

The group reported earnings of 1.76 for the quarter. The stock closed at 48.80 down 10 cents Friday.

Group interest income grew 49 percent to 2.25 billion rupees in the quarter, and interest expenses grew 47 percent to 1.89 billion rupees and net interest income grew at a slower 9 percent to 1.14 billion rupees.

Fee income grew 9 percent to 648 million rupees, despite the absence of initial public offer guarantee fees, with forex income rising 66 percent to 127 million rupees amid greater volatility in exchange rates.

Loan losses were a reversal of 421 million rupees with a general provision of 25 million rupees offset by a 26 million rupee write back. Income taxes were flat. Last year banks benefited from a tax cut.

Performing loans grew 7 percent to 66.7 billion rupees and non performing loans grew at a slightly faster 12 percent to 2.5 billion rupees.

The bank said non-performing loans were maintained at 2.81 percent by end March, almost unchanged from 2.70 percent in December. Cost to income ratio was also maintained at 60 percent.

At bank level total capital adequacy fell to 14.3 percent in March from 16.6 percent in December 2011 but was higher than the required 10 percent. At group level capital adequacy was 11.7 percent, down from 13.4 percent.

Group deposits grew 12 percent to 75 billion rupees. Group holdings in government securities grew to 14 billion rupees from 6.5 billion as loan growth slowed.

The bank said it lost month on its fixed income securities portfolio.

Group gross assets grew 9 percent to 110 billion rupees and net assets fell one percent to 8.5 billion rupees.
http://lbo.lk/fullstory.php?nid=1401161443

http://sharemarket-srilanka.blogspot.co.uk/

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

Thanks for the update and happy to know NTB had profit for this year ...same time heard there is a buyer for this share for 62/ (as seen) from JKH.. we can hope some run ne...

sriranga

sriranga
Co-Admin

Corporate Actions Announced on 11th May, 2012 - Updated Repo11

http://sharemarket-srilanka.blogspot.co.uk/

sriranga

sriranga
Co-Admin

May 13, 2012 (LBO) - Profits at Sri Lanka's Balangoda Plantations, a unit of listed Distilleries Corporation fell 49 percent to 67 million rupees in the March 2012 quarter, hit by falls in rubber sales, interim accounts showed.

The firm reported earnings of 2.85 rupees for the quarter. In the year to December it only made profits of 16.7 million rupees.

Revenues during the March quarter fell 3 percent to 745 million rupees and cost of sales rose 9.3 percent to 658 million rupees sending gross margins down 49 percent to 87 million rupees.

The firm gets most of its revenues from growing tea, a labour intensive products where margins are thin. But it also has rubber which is a high margin product whose prices are strong.

Balangoda Plantations said revenues from tea grew to 616 million rupees from 559 million and gross profits rose to 38.7 million rupees from 24.9 million rupees.

But rubber sales fell to 129 million rupees from 214 million rupees a year earlier, indicating production was down. Gross profits from rubber fell to 48 million rupees from 147 million rupees.

The firm also paid 19 million rupees in management fees down from 52 million a year earlier.
http://lbo.lk/fullstory.php?nid=656660802

http://sharemarket-srilanka.blogspot.co.uk/

rmark

rmark
Manager - Equity Analytics
Manager - Equity Analytics

11-May-2012 DIVIDEND ANNOUNCEMENTS - HAYC, LION, BREW



HAYCARB PLC
Company ID: - HAYC
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.5.50 per share / First & Final Dividend (Rs. 5.20 per share - Liable to 10% dividend tax / Rs. 0.30 per share - Not liable to 10% dividend tax)
Financial Year: - 2011 / 2012
Shareholder Approval: - Required
AGM: - 27.June.2012
XD: - 28.June.2012
Payment: - 06.July.2012
Share Transfer Book Open

LION BREWERY (CEYLON) PLC
Company ID: - LION
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.4.00 per share / First & Final Dividend
Financial Year: - 2011/2012
Shareholder Approval: - Required
AGM: - 08.June.2012
XD: - 11.June.2012
Payment: - 19.June.2012
Share Transfer Book Open

CEYLON BEVERAGE HOLDINGS PLC
Company ID: - BREW
Date of Announcement:-11.May.2012
Rate of Dividend: - Rs.6.00 per share / First & Final Dividend
Financial Year: - 2011/2012
Shareholder Approval: - Required
AGM: - 08.June.2012
XD: - 11.June.2012
Payment: - 19.June.2012
Share Transfer Book Open

sriranga

sriranga
Co-Admin

Amana Takafull makes losses
Sri Lanka’s Amana Takafull PLC has recorded a Rs. 109.3 million loss during the financial year 2011, owing to the impact caused by increased claims and volatility in investments.

“Increased claims, volatility in investments, especially equities and gold in the latter half of the year, took its toll on profitability, resulting in negative bottom-line”, Chairman of the Amana Takafull PLC Tyeab Akbarally stated in the company’s annual report.

However, the revenues from the company’s local business operations have grown from Rs. 917 million in 2010 to Rs. 1,269 million in 2011, recording a growth of 38.4%.

The firm’s local general business has grown up to Rs. 965.3 million during the reference year, from Rs. 676.9 million recorded in 2010, which is a growth of 42.6%.

“Similarly Life business grew by 26.5 percent which amounts to Rs. 64.0 million, by recording a gross written premium of Rs. 304.0 million compared Rs. 240.0 million in 2010”, added the Chairman in his review.

Amana Takafull says its subsidiaries, Amana Global, Amana Takaful Maldives and IGL have contributed positively to the Group.

According to Akbarally, lack of investment options for the firm still persists.

“Equity and bullion being volatile investments where fortunes can swing ways, the Islamic finance system and especially Takaful requires more avenues of investments in the form of Islamic Bonds and relaxation of rules to invest in Islamic finance windows in banks, where there is low volatility” says Akbarally.

http://www.news360.lk/business-finance/14052012-amana-takafull-makes-losses-says-lack-of-investment-options-is-hindering-growth-9912

http://sharemarket-srilanka.blogspot.co.uk/

sriranga

sriranga
Co-Admin

May 14, 2012 (LBO) - Profits at Udapussellawa Plantations, a unit of Sri Lanka's James Finlay group fell 52 percent in the March 2012 quarter with revenues hit by weak performance in rubber, interim accounts showed.

The firm reported earnings of 55 cents for the quarter. Revenues fell 5 percent to 747 million rupees. Cost of sales fell 1 percent to 695 million rupees but gross profits fell 38 percent to 51 million rupees.

Revenues from tea was flat at 650 million rupees, and there was a gross profit of 3.5 million rupees in the quarter from a the product, against a loss of 12.2 million rupees a year earlier.

Revenues from rubber fell to 96 million rupees from 134 million and gross profits to 48 million rupees from 95 million.

Rubber is a high margin product compared to tea.

According to Central Bank data Sri Lanka's rubber production fell 11 percent to 26 million kilograms in the first two months of the year.

Rubber prices have also come off from last year's highs. At an auction in April 26, top grade sheet rubber fetched 480 rupees a kilogram, down from 576 rupees a year earlier.
http://www.lbo.lk/fullstory.php?nid=2104695703

http://sharemarket-srilanka.blogspot.co.uk/

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