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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Seylan Bank recorded the highest ever profit figure earned by the bank since its inception

Seylan Bank recorded the highest ever profit figure earned by the bank since its inception

+2
duke
1st
6 posters

Go down  Message [Page 1 of 1]

1st


Equity Analytic
Equity Analytic

Seylan Bank recorded a net profit of Rs. 1.2 b. for 2010 which is a 126% increase compared to Rs. 543 m. for the previous financial year. Pre-tax profit, at Rs. 1.9 b., was up by a staggering 124% from 2009, the highest ever profit figure earned by the bank since its inception.

http://www.ft.lk/2011/03/25/seylan-bank-savours-net-profit-of-rs-1-2-b-126-up-over-2009/

This is why SEYB is appreciating now... it is GOING UP NOW...

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

isn't this very old news

1st


Equity Analytic
Equity Analytic

Nope mate .. this is Today(25th March) FT paper.

banarahu

banarahu
Manager - Equity Analytics
Manager - Equity Analytics

we hold more for SEYB... watching for the revolution... cheers

wallstreet


Senior Equity Analytic
Senior Equity Analytic

banarahu wrote:we hold more for SEYB... watching for the revolution... cheers
Smile Smile Smile Smile

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

The rights issue gonna dilute the share price of the SEYB.. But if the profitability continues to unfold as per news, we can see this as a good counter..

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

1st wrote:Nope mate .. this is Today(25th March) FT paper.

no no no. there is no doubt this is a good share ....
but the real reason is this
http://www.cse.lk/cmt/upload_cse_announcements/721301053979_.pdf

Mr.E narangoda has bought some shares Very Happy

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