FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by sheildskye Yesterday at 12:05 pm

» MULTI FINANCE PLC (MFL.N0000)
by Equity Master Sat Aug 06, 2022 7:50 pm

» L G I L - Maharaja special
by Chula Sat Aug 06, 2022 6:24 pm

» Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 06, 2022 11:54 am

» Foundation laid for Nestlé Lanka’s Rs.5bn factory expansion
by nilantha suranga Sat Aug 06, 2022 1:57 am

» LIOC ....Get in soon
by D.G.Dayaratne Fri Aug 05, 2022 8:48 pm

» HAYLEYS PLC (HAYL.N0000)
by cseboss Fri Aug 05, 2022 7:21 pm

» I can't understad your behaviour
by D.G.Dayaratne Fri Aug 05, 2022 6:56 pm

» AGSTAR PLC (AGST.N0000)
by abey Fri Aug 05, 2022 6:54 pm

» RW - Rescue Warrior of Sri Lanka's Economy
by ADVENTUS Fri Aug 05, 2022 6:05 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Fri Aug 05, 2022 9:38 am

» AAIC 100 = SCAP 16
by sojsilva Fri Aug 05, 2022 9:14 am

» HAYLEYS PLC (HAYL.N0000)
by EPS Thu Aug 04, 2022 10:33 pm

» Maersk sees global supply chain woes for longer
by samaritan Wed Aug 03, 2022 12:11 pm

» World Cities Summit: Sri Lanka's US$14b Port City Colombo still viable despite crisis, says official
by samaritan Wed Aug 03, 2022 10:21 am

» Bulls return to Colombo stock market with new vigour
by samaritan Wed Aug 03, 2022 10:11 am

» BAIRAHA FARMS PLC (BFL.N0000)
by lion Tue Aug 02, 2022 9:02 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ADVENTUS Tue Aug 02, 2022 7:38 pm

» Factors to consider in INVESTING in CSE now?
by sheildskye Tue Aug 02, 2022 4:45 pm

» Sri Lankans bide time as leaders seek fix for economic woes
by CHRONICLE™ Tue Aug 02, 2022 12:38 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka's Piramal Glass in export push as domestic sales drop

Sri Lanka's Piramal Glass in export push as domestic sales drop

Go down  Message [Page 1 of 1]

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sri Lanka's Piramal Glass Ceylon Plc, said profits fell 41 percent to 62 million rupees in the March 2014 quarter from a year earlier amid a drop in domestic demand.

The firm reported earnings of 7 cents per share for the quarter. For the full year to March, profits were 835 million rupees or 88 cents per share helped by a 652 million rupees gain on a land sale.

In the March quarter revenues rose 0.81 percent to 1355.8 million rupees but cost of production rose at a faster 19.8 percent to 1,170 million rupees, shrinking gross profits 49 percent to 185 million rupees.

In the full year revenues fell 5 percent to 5.2 billion rupees from 5.5 billion rupees a year earlier, cost of production rose to 4.4 billion rupees from 3.9 billion rupees and gross profit fell to 805 million rupees from 1.56 billion rupees.

The firm said domestic sales fell 9 percent to 3,774 million rupees and export sales grew 6 percent to 1,446 million rupees.

Piramal Glass said demand for beer and beverages dropped by almost 10,000 tonnes of glass bottles and other segments were also static.

http://www.lankabusinessonline.com/news/sri-lankas-piramal-glass-in-export-push-as-domestic-sales-drop/475028246

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum