Corporate Earnings

Leather Makes Loss
Ceylon Leather Products plc in the fourth quarter (4Q) ended March 31, 2012 saw its profits decline by 193.02% year on year (YoY) to make a Rs. 15.42 million loss in the review period.
In the financial year (fy) ended March 31, 2012 it saw its profits decline by 21.23% YoY to Rs. 84.24 million. The company’s annualized earnings per share (EPS) in the review period was Rs. 2.46 while its price to earnings ratio on annualized EPS(P/E (x)) was 31.78. Its PBV (x) was 0.91. A sharp increase in gross profits (GP) both YoY and “sequentially” has been eroded by operating cost increases including a sharply higher other expenses charge.

Cocos PAT Down 63%
Coco Lanka plc in the 4Q of the fy ended March 31, 2012 saw its net profits contract by 62.65% YoY to Rs. 18.61 million while its net profit for the fy in question declined by 6.20% YoY to Rs. 151.23 million. Its annualized EPS was Rs. 6.46; P/E (x) on annualized EPS: 6.67 and PBV (x) 0.75. Drop in full year earnings stemming mainly from lower revenues, higher finance expenses (including exchange losses) and sharply lower other income (due to a fall in the value of short term investments which are marked to market).

DFCC Bank PAT Up 25%
DFCC Bank plc in the 4Q ended March 31, 2012 saw net profits grow by 25.26% YoY to Rs. 765.47million. Net profit for the fy ended March 31, 2012 declined by 43.02 YoY to Rs. 2,900.21 million. Annualized EPS: Rs. 10.94; P/E(x):10.24 and PBV(x) 1.16. Moderate earnings growth for the Q stemmed from high non interest income, while full year earnings growth was lower due to exceptional gains stemming from a sale of a stake in Commercial Bank plc in the previous year.

Dankotuwa Reduces Losses
Dankotuwa Porcelain plc in the in the 4Q ended March 31, 2012 saw it reducing its losses by 78.89% YoY to Rs. 3.44 million. Losses for the fy ended March 31, 2012 however widened by 4,376.81% YoY to Rs. 97.86 million. Annualized EPS: Negative Rs.1.35; P/E(x): not applicable (NA) and PBV(x) 0.96. Narrowing losses due to higher revenues and better GP margins.

“Free Lanka” PAT Down 14%
Free Lanka Capital Holdings plc in the second half (2H) of the fy ended March 31, 2012 saw its net profits contract by 13.93% YoY to Rs. 153.45 million while its net profit for the fy in question declined by 85.81% YoY to Rs. 67.74 million. Its annualized EPS was Rs. 0.05; P/E (x) on annualized EPS: 30.29 and PBV (x) 0.32. Lower GP for the H has been helped by other income and negative goodwill.

Creasy’s PAT Down 4%
E.B. Creasy & Company plc in the 4Q of the fy ended March 31, 2012 saw its net profits contract by 4.08% YoY to Rs. 118.37 million while its net profit for the fy in question declined by 45.71% YoY to Rs. 369.76 million. Its annualized EPS was Rs. 145.83; P/E (x) on annualized EPS: 6.51 and PBV (x) 0.91. Moderate earnings drop despite moderate improvement in GP due to operating expense increases.

Equity Two PAT Up 251%
Equity Two plc in the 4Q ended March 31, 2012 saw net profits grow by 251.28% YoY to Rs. 38.34 million. Net profit for the fy ended March 31, 2012 increased by 46.39 YoY to Rs. 43.17 million. Annualized EPS: Rs. 1.39; P/E(x):12.93 and PBV(x) 1.01. Earnings gain stems from fair value adjustment.

Equity One PAT Up 114%
Equity One plc in the 4Q ended March 31, 2012 saw net profits grow by 114.19% YoY to Rs. 65.53 million. Net profit for the fy ended March 31, 2012 increased by 94.73% YoY to Rs. 81.31 million. Annualized EPS: Rs. 2.02; P/E(x):10.96 and PBV(x) 0.58. Earnings gain stems from fair value adjustment.

Convenience Foods PAT Down 69%
Convenience Foods (Lanka) plc in the 4Q ended March 31, 2012 saw net profits decline by 69.02% YoY to Rs. 5.43 million. Net profit for the fy ended March 31, 2012 decreased by 15.17% YoY to Rs. 44.27 million. Annualized EPS: Rs. 16.10; P/E(x):9.18 and PBV(x) 1.61. Drop in full year earnings stemming mainly from lower revenues and operating margin contraction, as well as sharply higher finance costs.

Environmental Resources PAT Up 262%
Environmental Resources Investment plc in the 4Q ended March 31, 2012 saw net profits grow by 262.36% YoY to Rs. 243.26 million. Net profit for the fy ended March 31, 2012 decreased by 33.04% YoY to Rs. 254.72 million. Annualized EPS: Rs. 0.73; P/E(x):16.46 and PBV(x) 0.49. GP gain for the Q also bolstered by large contribution from other income.

Ceylon Guardian PAT Down 76%
Ceylon Guardian Investment Trust plc in the 4Q ended March 31, 2012 saw net profits decline by 75.97% YoY to Rs. 161.53 million. Net profit for the fy ended March 31, 2012 decreased by 33.16% YoY to Rs. 1,980.24 million. Annualized EPS: Rs. 24.12; P/E(x):6.24 and PBV(x) 1.02. “10.9% decline in market valued NAV in comparison to10.8% decline in ASPI for quarterly period. “

Harischandra PAT Up 219%
Harischandra plc in the 4Q ended March 31, 2012 saw net profits grow by 219.33% YoY to Rs. 42.74 million. Net profit for the fy ended March 31, 2012 increased by 60.45% YoY to Rs. 102.84 million. Annualized EPS: Rs. 107.14; P/E(x):23.32 and PBV(x) 4.08. Moderate top line growth (13% YoY) coupled with slight operating margin expansion and lower tax expenses.

Lankem PAT Down 90%
Lankem Ceylon plc in the 4Q ended March 31, 2012 saw net profits decline by 90.07% YoY to Rs. 42.27 million. Net profit for the fy ended March 31, 2012 decreased by 51.18% YoY to Rs. 552.21 million. Annualized EPS: Rs. 23.01; P/E(x):6.00 and PBV(x) 0.85. Moderately higher PAT made lower by payout to minorities.

Lankem Developments Makes Loss
Lankem Developments plc in the 4Q ended March 31, 2012 made a Rs. 250.85 million loss. Losses for the fy ended March 31, 2012 were Rs. 470.13 million. Annualized EPS: Negative Rs. 7.84; P/E(x): NA and PBV(x) 0.45. “YoY comparison not possible.” Agarapatana has made losses for the Q and year.

LOLC PAT Up 232%
Lanka Orix Leasing Company plc (LOLC) in the 4Q ended March 31, 2012 saw net profits grow by 232.06% YoY to Rs. 1,992.41 million. Net profit for the fy ended March 31, 2012 increased by 66.12% YoY to Rs. 6,379.40 million. Annualized EPS: Rs. 13.42; P/E(x):2.14 and PBV(x) 0.70. Higher quarterly and full year earnings stemmed from one off gains under other income and negative goodwill respectively. Recurring earnings for the Q and full year were flat.

Mullers PAT Up 250%
Muller & Phipps (Ceylon) plc in the 4Q ended March 31, 2012 saw net profits grow by 249.75% YoY to Rs. 19.06 million. Net profit for the fy ended March 31, 2012 increased by 77.38% YoY to Rs. 43.60 million. Annualized EPS: Rs. 0.15; P/E(x):9.09 and PBV(x) 2.64. Earnings improved by higher other operating income.

Orient Garments PAT Down 26%
Orient Garments plc in the 2H ended March 31, 2012 saw net profits decline by 26.35% YoY to Rs. 68.65 million. Net profit for the fy ended March 31, 2012 decreased by 21.93% YoY to Rs. 87.38 million. Annualized EPS: Rs. 1.59; P/E(x):7.73 and PBV(x) 0.96. Marginally higher GP eroded by other expenses despite flat operating expenses.

PC House Makes Loss
PC House plc in the 4Q ended March 31, 2012 saw net profits decline by 175.83% YoY to make a Rs. 29.05 million loss. Net profit for the fy ended March 31, 2012 decreased by 27.48% YoY to Rs. 129.76 million. Annualized EPS: Rs. 0.57; P/E(x):9.88 and PBV(x) 0.90. Sharply lower revenues as well as higher selling and distribution costs have led to losses despite sharply lower taxation.

PC Pharma PAT Up 20%
PC Pharma plc in the 2H ended March 31, 2012 saw net profits grow by 19.78% YoY to Rs. 46.36 million. Net profit for the fy ended March 31, 2012 increased by 24.86% YoY to Rs. 129.06 million. Annualized EPS: Rs. 1.28; P/E(x):11.27 and PBV(x) 5.34. Revenue and GP improvements have helped earnings despite operating cost increases.

Pegasus PAT Up 156%
Pegasus Hotels of Ceylon plc in the 4Q ended March 31, 2012 saw net profits grow by 155.59% YoY to Rs. 41.02 million. Net profit for the fy ended March 31, 2012 increased by 130.28% YoY to Rs. 112.49 million. Annualized EPS: Rs. 3.70; P/E(x):8.11 and PBV(x) 0.75. Significant improvement in full year earnings stemming from robust top line growth (47% YoY) coupled with margin expansion at both the gross and operating level.

Colombo Pharmacy PAT Up 1,832%
The Colombo Pharmacy Company plc in the 4Q ended March 31, 2012 saw net profits grow by 1.832.33% YoY to Rs. 90.70 million. Net profit for the fy ended March 31, 2012 increased by 210.97% YoY to Rs. 85.56 million. Annualized EPS: Rs. 67.21; P/E(x):8.02 and PBV(x) 0.77. Lower GP improved by fair value revaluation.

Raigam Salterns PAT Down 83%
Raigam Wayamba Salterns plc in the 2H ended March 31, 2012 saw net profits decline 82.99% YoY to Rs. 8.10 million. Net profit for the fy ended March 31, 2012 decreased by 53.82% YoY to Rs. 26.72 million. Annualized EPS: Rs. 0.09; P/E(x):25.35 and PBV(x) 0.96. Earnings growth driven by higher revenues and lower finance costs which offset a sharp drop in other income and gains.

Softlogic Makes Loss
Softlogic Holdings plc in the 4Q ended March 31, 2012 saw net profits decline by 137.18% YoY to make a Rs. 74.14 million loss. Net profit for the fy ended March 31, 2012 decreased by 40.48% YoY to Rs. 493.60 million. Annualized EPS: Rs. 0.63; P/E(x):15.62 and PBV(x) 1.04. Top line growth (98.6%) and gross margin expansion were offset by operating margin contraction and sharply higher finance expenses resulting in significantly lower full year earnings.

TFC Reduces Losses
The Finance Company plc (TFC) in the in the 4Q ended March 31, 2012 saw it reducing its losses by 89.75% YoY to Rs. 212.61 million. Losses for the fy ended March 31, 2012 were further narrowed down by 94.86% YoY to Rs. 196.76 million. Annualized EPS: Negative Rs.1.25; P/E(x): NA and PBV(x): NA. Losses decline on lower operating expenses and provision reversals.

UMLL PAT Up 98%
United Motors Lanka plc (UMLL) in the 4Q ended March 31, 2012 saw net profits grow by 98.20% YoY to Rs. 688.30 million. Net profit for the fy ended March 31, 2012 increased by 151.90% YoY to Rs. 2,275.36 million. Annualized EPS: Rs. 33.83; P/E(x):2.26 and PBV(x) 0.88. Higher revenues have driven exceptional final Q earnings.

Vallibel PAT Up 82%
Vallibel One plc in the 2H ended March 31, 2012 saw net profits grow by 82.24% YoY to Rs. 688.30 million. Net profit for the fy ended March 31, 2012 increased by 250.05% YoY to Rs. 2,025.42 million. Annualized EPS: Rs. 1.86; P/E(x):7.51 and PBV(x) 0.51. Sharply higher earnings stem from improved revenues as well as other operating income.

Guardian PAT Down 26%
Guardian Capital Partners plc in the 4Q ended March 31, 2012 saw its losses grow by 26.46% YoY to Rs. 11.78 million. Net profit for the fy ended March 31, 2012 decreased by 138.57% YoY to record a Rs. 21.48 million loss. Annualized EPS: Negative Rs. 0.83; P/E(x):NA and PBV(x) 2.04. Mark to market losses have driven earnings decline despite lower finance costs.

Elpitiya PAT Down 84%
Elpitiya Plantations plc in the 2H ended March 31, 2012 saw net profits decline by 83.72% YoY to Rs. 40.94 million. Net profit for the fy ended March 31, 2012 decreased by 73.31% YoY to Rs. 97.03 million. Annualized EPS: Rs. 1.33; P/E(x):7.58 and PBV(x) 0.51. Sharp fall in GP margins has led to lower earnings.

Citrus Makes Loss
Citrus Leisure plc in the fy ended March 31, 2012 made a Rs. 16.47 million loss with its YoY profits declining by 211.04%. Annualized EPS: Negative Rs. 0.21; P/E(x):NA and PBV(x) 0.69. Citrus Hikkaduwa was closed for refurbishment during the year and reopened in late December 2011. Consequently, lower revenues and higher net finance costs resulted in lower earnings.

Renuka Holdings PAT Down 64%
Renuka Holdings plc in the 4Q ended March 31, 2012 saw its PAT decline by 64.36% YoY to Rs. 115.18 million. Net profit for the fy ended March 31, 2012 decreased by 46.48% YoY to Rs. 331.03 million. Annualized EPS: Rs.6.50; P/E(x):4.46 and PBV(x) 0.70. Decline in earnings due to lower other income stemming from investment activity.

Lanka Ceramic PAT Up 86%
Lanka Ceramic plc in the 4Q ended March 31, 2012 saw net profits grow by 82.24% YoY to Rs. 193.52 million. Net profit for the fy ended March 31, 2012 increased by 80.67% YoY to Rs. 460.64 million. Annualized EPS: Rs. 15.35; P/E(x):3.91 and PBV(x) 0.67. Sharp revenue growth for the Q and controlled costs has helped earnings overcome an increase in finance expenses.

Colombo Fort PAT Up 5%
Colombo Fort Land & Building Company plc in the 4Q ended March 31, 2012 saw net profits grow by 4.98% YoY to Rs. 385.72 million. Net profit for the fy ended March 31, 2012 decreased by 8.24% YoY to Rs. 1,052.44 million. Annualized EPS: Rs. 5.85; P/E(x):3.93 and PBV(x) 0.74. GP improvement despite revenue loss for the Q with an increase in PAT despite operating and finance cost increases. Bulk of quarterly earnings stems from motor segment.

Foreign Trades Makes Loss
Ceylon & Foreign Trades plc in the 4Q ended March 31, 2012 made a Rs. 4.40 million loss with its YoY profits declining by 125%. Net profit for the fy ended March 31, 2012 decreased by 15.70% YoY to Rs. 19.74 million. Annualized EPS: Rs. 0.14; P/E(x):29.82 and PBV(x) 0.96. Revenue drop and GP margin erosion have led to losses.

MTD Walkers Makes Loss
MTD Walkers plc in the 4Q ended March 31, 2012 made a Rs. 100.14 million loss with its YoY profits declining by 340.64%. Net profit for the fy ended March 31, 2012 increased by 157.15% YoY to Rs. 139.83 million. Annualized EPS: Rs. 1.22; P/E(x):12.19 and PBV(x) 0.47. Sharply lower GP worsened by sharply higher operating expenses.

Panasian Power PAT Down 86%
Panasian Power plc in the 4Q ended March 31, 2012 saw its PAT decline by 85.89% YoY to Rs. 7.14 million. Net profit for the fy ended March 31, 2012 decreased by 45.79% YoY to Rs. 81.98 million. Annualized EPS: Rs.0.16; P/E(x):13.42 and PBV(x) 1.38. Sharply lower revenues and GP margins have eroded profitability.

Shaw Wallace Makes Loss
Shaw Wallace plc in the 4Q ended March 31, 2012 made a Rs. 30.39 million loss with its YoY profits declining by 1,092.70%. Net losses for the fy ended March 31, 2012 decreased by 6.50% YoY to Rs. 51.51 million. Annualized EPS: Negative Rs. 10.06; P/E(x): NA and PBV(x) 0.39. Sharply higher loss because of higher finance costs.

Eden PAT Up 18%
Eden Hotel Lanka plc in the 4Q ended March 31, 2012 saw net profits grow by 18.10% YoY to Rs. 95.94 million. Net profit for the fy ended March 31, 2012 increased by 43.73% YoY to Rs. 145.83 million. Annualized EPS: Rs. 2.76; P/E(x):10.32 and PBV(x) 0.99. Full year earnings growth driven by higher revenues (16% YoY), margin expansion at the gross and operating level, sharply higher other operating income and lower finance expenses.

HVA Foods PAT Down 72%
HVA Foods plc in the 2H ended March 31, 2012 saw its PAT decline by 71.85% YoY to Rs. 6.98 million. Net profit for the fy ended March 31, 2012 decreased by 77.81% YoY to Rs. 10.28 million. Annualized EPS: Rs.0.15; P/E(x):62.67 and PBV(x) 1.36. Robust top line growth (32% YoY) was offset by a significant contraction in operating margin and higher tax expenses.

Palm Garden Makes Loss
Palm Garden Hotels plc in the 4Q ended March 31, 2012 made a Rs. 328.80 million loss with its YoY profits declining by 461.48%. Net losses for the fy ended March 31, 2012 were Rs. 513.20 million, a 3,071.44 YoY increase. Annualized EPS: Negative Rs. 71.28; P/E(x): NA and PBV(x) 0.77. The hotel has been closed since 1.5.11., to complete a refurbishment programme. Consequently the company reported losses due largely to sharply lower revenues (minus 95% YoY).

Tess Agro PAT Down 42%
Tess Agro plc in the 2H ended March 31, 2012 saw its PAT decline by 42.20% YoY to Rs. 6.40 million. Net profit for the fy ended March 31, 2012 decreased by 14% YoY to Rs. 17.47 million. Annualized EPS: Rs.0.10; P/E(x):20.60 and PBV(x) 1.16. Lower revenues and higher finance costs resulted in a drop in full year earnings.

Lanka Floortiles PAT Up 112%
Lanka Floortiles plc in the 4Q ended March 31, 2012 saw net profits grow by 112.33% YoY to Rs. 321.62 million. Net profit for the fy ended March 31, 2012 increased by 19.98% YoY to Rs. 605.98 million. Annualized EPS: Rs. 11.42; P/E(x):5.34 and PBV(x) 1.17. Sharply higher revenues along with lower effective taxation have led to strong earnings.

Lanka Walltiles PAT Up 140%
Lanka Walltiles plc in the 4Q ended March 31, 2012 saw net profits grow by 140.26% YoY to Rs. 387.08 million. Net profit for the fy ended March 31, 2012 increased by 50.92% YoY to Rs. 731.18 million. Annualized EPS: Rs. 13.39; P/E(x):3.88 and PBV(x) 0.69. “38% improvement in quarterly profit before tax (PBT) has been helped by lower taxation.”

Tokyo Cement PAT Up 2%
Tokyo Cement Company (Lanka) plc in the 4Q ended March 31, 2012 saw net profits grow by 1.59% YoY to Rs. 130.24 million. Net profit for the fy ended March 31, 2012 increased by 14.39% YoY to Rs. 978.89 million. Annualized EPS: Rs. 3.22; P/E(x):8.81 and PBV(x) 1.37. Sharply higher revenues have been impacted by deferred taxation charge.

Kelani Tyres PAT Up 129%
Kelani Tyres plc in the 4Q ended March 31, 2012 saw net profits grow by 128.73% YoY to Rs. 123.73 million. Net profit for the fy ended March 31, 2012 increased by 12.74% YoY to Rs. 296.38 million. Annualized EPS: Rs. 3.69; P/E(x):6.02 and PBV(x) 1.26. 19% quarterly revenue increase bolstered by GP margin increase.

Bairaha PAT Up 45%
Bairaha Farms plc in the 4Q ended March 31, 2012 saw net profits grow by 44.99% YoY to Rs. 149.99 million. Net profit for the fy ended March 31, 2012 decreased by 10.75% YoY to Rs. 433.70 million. Annualized EPS: Rs. 27.11; P/E(x):4.11 and PBV(x) 1.13. Moderate top line growth was offset by margin contraction at both the gross and operating level, resulting in a drop in full year earnings.

Sunshine PAT Up 4%
Sunshine Holdings plc in the 4Q ended March 31, 2012 saw net profits grow by 3.96% YoY to Rs. 243.30 million. Net profit for the fy ended March 31, 2012 decreased by 14.77% YoY to Rs. 426.34 million. Annualized EPS: Rs. 3.20; P/E(x):6.25 and PBV(x) 0.96. Group EBIT grew by 7.9% on the back of a 5% quarterly revenue growth. Substantial gains from pharma while FMCG has stayed flat.
Source: John Keells Stockbrokers
http://www.thesundayleader.lk/2012/06/24/up-and-down/

Good one to see most of the companies quarter reports in one place.
Thanks CSE.SAS.

wow,

great SAS. Thank you.

Worth to see all in one place.
Thanks.

Great work.
Thanks for sharing.

Awsome post. Thanks alot cse.sas

thank you very much for very informative post.

Time saver... thank you.

Colonial PAT Up 469%
Colonial Motors plc in the 4Q ended March 31, 2012 saw net profits grow by 468.65% YoY to Rs. 659.81 million. Net profit for the fy ended March 31, 2012 increased by 401.16% YoY to Rs. 1,162.57 million. Annualized EPS: Rs. 127.41; P/E(x):1.39 and PBV(x) 0.64. Group EBIT grew by 7.9% on the back of a 5% quarterly revenue growth. Sharp drop in GP has been compensated for by a seven fold increase in other operating income with investments on balance sheet growing 92% sequentially.
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Laugfs PAT Up 15%
Laugfs Gas plc in the 2H ended March 31, 2012 saw net profits grow by 14.79% YoY to Rs. 539.21 million. Net profit for the fy ended March 31, 2012 increased by 10.50% YoY to Rs. 942.27 million. Annualized EPS: Rs. 2.43; P/E(x):7.43 and PBV(x) 1.09. Improved revenues and GP margins have driven earnings growth despite a sharp rise in administrative expenses.
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Serendib PAT Down 70%
Serendib Hotels plc in the 4Q ended March 31, 2012 saw its PAT decline by 69.60% YoY to Rs. 22.89 million. Net profit for the fy ended March 31, 2012 decreased by 74.17% YoY to Rs. 30.09 million. Annualized EPS: Rs.0.27; P/E(x):78.20 and PBV(x) 1.53. Sharp drop in full year earnings stemming mainly from closure costs of Avani Bentota (formerly Hotel Serendib) and an unrealized Rs. 68.9 million loss arising from foreign currency loans revaluation which offset moderate top line growth. Previous period’s earnings included a Rs. 38 million capital gain from shares disposal.
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Dolphin PAT Down 10%
Dolphin Hotels plc in the 4Q ended March 31, 2012 saw its PAT decline by 9.50% YoY to Rs. 39.73 million. Net profit for the fy ended March 31, 2012 increased by 340.45% YoY to Rs. 91.04 million. Annualized EPS: Rs.2.88; P/E(x):9.20 and PBV(x) 0.96. Surge in full year earnings driven largely by robust revenue growth (46% YoY) coupled with gross margin expansion and higher other income which offset exchange losses on conversion of a foreign currency loan.
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Ceylon Tea PAT Up 24%
Ceylon Tea Services plc in the 4Q ended March 31, 2012 saw its PAT increase by 23.96% YoY to Rs. 834.87 million. Net profit for the fy ended March 31, 2012 increased by 18.93% YoY to Rs. 1,665.96 million. Annualized EPS: Rs.83.30; P/E(x):7.80 and PBV(x) 1.92. Higher finance income and foreign exchange (forex) gains contributed to full year earnings growth.
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Maskeliya PAT Up 436%
Maskeliya Plantations plc in the 4Q ended March 31, 2012 saw its PAT increase by 436.05% YoY to Rs. 165.87 million. The company made a Rs. 370.38 million loss in the fy ended March 31, 2012 with net profits decreasing by 971.88%. Annualized EPS: Negative Rs.13.73; P/E(x):NA and PBV(x) 0.30. Sharply improved GP margins on a revenue drop have driven significant quarterly earnings improvement.
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Sigiriya PAT Up 367%
Sigiriya Hotels plc in the 4Q ended March 31, 2012 saw its PAT increase by 367.26% YoY to Rs. 17.99 million. Net profit for the fy ended March 31, 2012 increased by 213.19% YoY to Rs. 46.87 million. Annualized EPS: Rs. eight; P/E(x):8.50 and PBV(x) 1.86. Significant growth in full year earnings driven by robust top line growth (27% YoY) coupled with sharply higher other operating income and lower finance costs.
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Kandy Hotels PAT Up 140%
Kandy Hotels Company plc in the 4Q ended March 31, 2012 saw its PAT increase by 139.82% YoY to Rs. 40.42 million. Net profit for the fy ended March 31, 2012 increased by 73.68% YoY to Rs. 84.27 million. Annualized EPS: Rs. 0.15; P/E(x):32.21 and PBV(x) 0.48. Robust top line growth (36% YoY) coupled with healthy margin expansion at the gross and operating levels resulted in strong full year earnings’ growth.
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DIMO PAT Down 36%
Diesel & Motor Engineering plc (DIMO) in the 4Q ended March 31, 2012 saw its PAT decline by 35.68% YoY to Rs. 427.34 million. Net profit for the fy ended March 31, 2012 increased by 27.13% YoY to Rs. 2,697.33 million. Annualized EPS: Rs.303.88; P/E(x):1.94 and PBV(x) 0.70. Flat quarterly GP have been eroded by increases in administrative and finance expenses.
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CF PAT Up 3%
Central Finance plc (CF) in the 4Q ended March 31, 2012 saw its PAT increase by 3.04% YoY to Rs. 648.67 million. Net profit for the fy ended March 31, 2012 increased by 46.44% YoY to Rs. 2,675.49 million. Annualized EPS: Rs. 25.51; P/E(x):5.19 and PBV(x) 1.04. Final Q’s earnings flat despite moderate growth in net interest income because of increasing operating expenses.
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Hydro Power Makes Loss
Hydro Power Free Lanka plc in the 4Q ended March 31, 2012 made a Rs. 25.85 million loss with its YoY profits declining by 331.79%. Net profit for the fy ended March 31, 2012 decreased by 86.86% YoY to Rs. six million. Annualized EPS: Rs. 0.06; P/E(x): 94.48and PBV(x) 0.72. Sharply lower revenues have driven losses.
Source: John Keells Stockbrokers
http://www.thesundayleader.lk/2012/07/08/69411/

Thanks for the updates.

thanks