- Combined value of Rs. 85 billion [b]is highest quarterly earnings in the history of CSE[/b]
- Growth continued beyond pent-up demand in 3Q of 2020 up 15.6% QoQ
- Multiple based valuations down as earnings soared 33% YoY
Listed corporates combined have posted their best earnings ever of Rs. 85 billion in the quarter ended on 31 December 2020, setting a new record despite COVID-19 linked challenges.
Softlogic Stockbrokers, which analysed the earnings, said yesterday that the combined figure reflected a 33.3% increase year-on-year (YoY) and it was the best ever in the Colombo Stock Exchange.