Lanka Milk Foods PLC
TP 1- 466.75
TP 2- 581.00
TP 3- 646.25
- Market Price 176LKR
- Current PE 4.9X based on 2021 Q4
- Net asset value 370 based on 2021 Q4
* Divident income already recived 11.22 per share from MELS & DIST
* All time high Quater earning of 16.9LKR pending for 2021 Q4.
* 3.5 Billion expansion project completed on Nove 2021, addition 5 million liquid milk supply
* 300million Yorgut plant expansion completed on last Q
* Mother company increase the stakes by another 20% within last 6 months
* powder Milk segement strongly coverd by Liquid milk and no impact from USD matter
* Biggest competitors on trouble due to USD matter NEST and Anchor
* 2022 Budget confirms the continoues support for liquid milk segment by 1Billion