http://www.cse.lk/cmt/upload_report_file/961_1296733192441.pdf
Did you see the financial reports as at 31/12/2010 which uploaded at CSE site of PCH.
It has visible growth for the last three quarters comparing with the previous one:(Please compare the figures.It seems the IT sector in Sri Lanka will have a growth in future.
DO NOT PANIC FROM MISLEADING and you do your own investments:
GROUP GROUP
P C HOUSE PLC
INCOME STATEMENT - For the Nine Months Ended 31st December 2010 - GROUP
Three Three % Change Nine Nine % Change
Mths Ended Mths Ended +/ (-) Mths Ended Mths Ended +/ (-)
31st Dec 31st Dec 31st Dec 31st Dec
2010 2009 2010 2009
Rs ' 000 Rs ' 000 Rs ' 000 Rs ' 000 Rs ' 000 Rs ' 000
Revenue 993,517 728,406 36% 2,559,310 1,930,330 33%
Cost of Sales 802,678 574,257 40% 2,028,588 1,502,962 35%
-------------- ------------- ---------------- ---------------
Gross Operating Profit 190,839 154,149 24% 530,722 427,368 24%
Other Income 350 1,361 -74% 1,359 4,542 -70%
Negative Goodwill - - - 5,218
-------------- ------------- ---------------- ---------------
191,189 155,510 23% 532,081 437,128 22%
Selling and Distribution Expenses (15,269) (11,090) 38% (38,334) (31,249) 23%
Administration Expenses (67,477) (55,384) 22% (186,522) (147,762) 26%
-------------- ------------- ---------------- ---------------
Profit from Operating Activities 108,443 89,036 22% 307,225 258,117 19%
Finance Cost (32,436) (36,472) -11% (94,954) (152,459) -38%
-------------- ------------- ---------------- ---------------
Profit before Taxation 76,007 52,564 45% 212,271 105,658 101%
Taxation (25,969) (18,397) 41% (71,653) (35,154) 104%
-------------- ------------- ---------------- ---------------
Profit after Taxation 50,038 34,167 46% 140,618 70,504 99%
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Basic Earnings per Share ( cts) 0.22 0.20 0.69 0.41
Last edited by Quibit on Sun Feb 06, 2011 9:22 pm; edited 1 time in total (Reason for editing : format condensed)