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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka's Asiri Hospitals net up 88-pct

Sri Lanka's Asiri Hospitals net up 88-pct

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Feb 13, 2013 (LBO) - Asiri Hospital Holdings, which controls three hospitals in Sri Lanka's capital Colombo said group profits rose 88 percent to 220 million rupees in the December 2012 quarter from a year earlier.

The group reported earnings 20 cents for the quarter, in interim accounts filed with the Colombo Stock Exchange. The stock closed at 12.30 rupees Tuesday.

Asiri said revenues rose 14 percent to 1.8 billion rupees and cost of services rose at a slower 11.5 percent allowing gross profits to rise at a faster 17.4 percent to 879 million rupees.

Non-operating income surged 150 percent to 71 million rupees. The income tax bill fell to 18 million rupees from 49 million rupees a year earlier.
http://lbo.lk/fullstory.php?nid=995866524

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