(the last two quarters it had reported marginal losses as per reports)
Some details in brief of the diversified conglomerate 'Ambeon Holdings':
The subsidiaries of Ambeon Holdings PLC will include Taprobane Capital Plus (Pvt.) Ltd. (a leading financial services provider with a wealth of experience in capital markets in Sri Lanka), South Asia Textiles Industries Lanka (Pvt.) Ltd., (a leading manufacturer of exceptional quality weft knitted fabric for leading global brands), Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Ltd., (world renowned manufacturers of porcelain tableware), Ceylon Leather Products Ltd (manufacturer of leather footwear and accessories, popularly known as DI), MillenniumIT ESP (Sri Lanka’s leading information systems solutions providers delivering IT solutions for many industries) and Colombo City Holdings PLC (a property management company actively engaged in the real estate market).
The most recent acquisition of MillenniumIT ESP is part of the Group’s Vison 2020 strategy designed to deliver strong global growth. This acquisition is expected to boost the Groups’ effort to revamp and rebuild a sustainable future-oriented conglomerate geared to take on the technology-oriented business opportunities available in global markets.
'Past is not a predictor of future'
Do your own analysis/study.