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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » JKH : 1Q12 profit up 35% yoy to Rs 1.37 billion

JKH : 1Q12 profit up 35% yoy to Rs 1.37 billion

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cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
JKH : 1Q12 profit up 35% yoy to Rs 1.37 billion
http://www.cse.lk/cmt/upload_report_file/508_1311756863787.pdf
Unsurprisingly, much of growth is from leisure sector, with financial services also contributing strongly to growth. 6.5 acres of land bought in Colombo suburb.

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@cse.alpha wrote:JKH : 1Q12 profit up 35% yoy to Rs 1.37 billion

http://www.cse.lk/cmt/upload_report_file/508_1311756863787.pdf

Unsurprisingly, much of growth is from leisure sector, with financial services also contributing strongly to growth.

6.5 acres of land bought in Colombo suburb.
Leisure sector and Financial services sector has substantial growth. We may expect a good result from NTB and KHL.

Information Technology sector couldn't make profit in this quarter too.

STOCK HUNTER

STOCK HUNTER
Senior Equity Analytic
Senior Equity Analytic
will it bull on tomorrow ? Very Happy

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Code:

profit for the period
3 months ended Mar 2011:  2,920,904
3 months ended Jun 2011:  1,480,125

50% down from last quarter. what happened?

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@duke wrote:
Code:

profit for the period
3 months ended Mar 2011:  2,920,904
3 months ended Jun 2011:  1,480,125

50% down from last quarter. what happened?

this is not the tourist season. As it stand most of our tourist come from Europe. Right now it's summer over there so they're not going to some here. The good news is the market is diversifying with arabs and chinese coming here as well. 4-5 years in the future we won't see this discrepency

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@mono wrote:
@duke wrote:
Code:

profit for the period
3 months ended Mar 2011:  2,920,904
3 months ended Jun 2011:  1,480,125

50% down from last quarter. what happened?

this is not the tourist season. As it stand most of our tourist come from Europe. Right now it's summer over there so they're not going to some here. The good news is the market is diversifying with arabs and chinese coming here as well. 4-5 years in the future we won't see this discrepency
Mostly arabs go on vacation during Jun and August period (It's due to summer hot and school holidays in the region). But I don't know how far our tourism industry is going attract arabs!

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I didn't know JKH was a hotel.

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Monster wrote:
@mono wrote:
The good news is the market is diversifying with arabs and chinese coming here as well. 4-5 years in the future we won't see this discrepency
Mostly arabs go on vacation during Jun and August period (It's due to summer hot and school holidays in the region). But I don't know how far our tourism industry is going attract arabs!

I was holidaying at bentota last week end. I saw many arabic guests. the word may spread around. I bet next time they would be here to invest.

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@duke wrote:I didn't know JKH was a hotel.

I know some KHL hotels..

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