According to June Quartelry report
Net Asset per Share: 43.83
JAMES FINLAY PLANTATION HOLDINGS (LANKA) LIMITED
JAMES FINLAY LIMITED
JACEY TRUST SERVICES
MESSAGE FROM THE CHAIRMAN in the quarterly report
Turn over during the period of Rs 2,065 million exceeds the corresponding period of
2013 by 9% despite the sharp drop in Rubber prices during the period under review.
Profit before tax of 112 million is marginally short of 2013 by 3% as a result of the
performance of the rubber sector whilst the other sectors helped to mitigate the
impact with an increase in Gross Profit by 16% . We do not expect a favorable movement in the rubber profitability during the second half of the year as there is no sign of improvement in the rubber prices, although the price of tea at the Colombo auction is expected to be sustained at the current levels. The Company has invested Rs 126 miilion during the period under review in field and infrastructure development.