Beruflich Dokumente
Kultur Dokumente
COMPANY UPDATE
1. RCL (LKR 118.00) Q1 FY 17 EPS LKR 5.64 (+11.1% YoY)
ROYAL CERAMICS LANKA PLC- RCL
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EBIT margin for Q1 FY 2.7% (Q1 FY 16 2.9%) due to non cash write down in passive investments.
DY 2.2%
Segmental Breakdown
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WATA reported a bottom line 84% higher YoY to LKR 238mn (Q1 FY 16 LKR 130mn)
Net finance cost declined to LKR 10mn from LKR 20mn previously.
Company reported an EBIT of LKR 291mn during the quarter ( Q1 FY 16 LKR 167mn)
Revenue from tea segment dropped 4% YoY to LKR 1bn. Although the segment continued to make
losses during the quarter, WATA managed to cut down the losses to LKR -79 from LKR -136mn previously.
Palm oil segment continued to be the major contributor to WATA bottom line. Net profit from palm oil
segment increased to LKR 294mn from LKR 227mn.
Although the revenue from Export segment declined 10% YoY, net profit increased to LKR 14mn from
LKR 10mn.
Gearing 10%
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BUSINESS
ECONOMY
INTERNATIONAL
This years end July performance is the best ever with 1.17
gains. (8)
ment. (6)
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POLITICAL UPDATE
Chinese Ambassador Yi Xianliang has expressed support for an effort to establish a Sri Lanka- China Joint Committee which will include investment on key ventures including city construction and technical training, the Chinese embassy said in a statement yesterday. - http://www.ft.lk/article/559574/China-Sri-Lanka-JointCommittee-to-oversee-investment#sthash.xaUpeMLk.dpuf
Una McCauley presented her credentials to Minister of Foreign Affairs, Mangala Samaraweera as the new
United Nations Resident Coordinator and United Nations Development Program (UNDP) Resident Representative, at the Foreign Ministry yesterday. - http://www.ft.lk/article/559540/New-UN-Resident-Coordinator-to-SriLanka-presents-credentials-to-Foreign-Minister#sthash.HLJGz5rr.dpuf
Selling
(Rs)
Source: www.cbsl.gov.lk
Source: http://www.nasdaq.com/markets/commodities
www.bartleetreligare.com
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E-paper References
1.
http://www.ft.lk/article/559571/Central-Bank-improves-efficiency-and-transparency-of-Govt-securities-market
2.
http://www.ft.lk/article/559562/Tourist-arrivals-cross-1-million-mark-in-July
3.
http://www.economynext.com/
Sri_Lanka_gilt_primary_dealers_asked_to_trade_on_Bloomberg_terminals-3-5780-3.html
4.
http://www.economynext.com/Sri_Lanka_s_Commercial_Bank_to_sell_5_to_10_year_bonds-3-5779
-17.html
5.
http://www.economynext.com/Sri_Lanka_s_Senkadagala_Finance_bonds_rated__BBB+(lka)_-35784-3.html
6.
http://www.ft.lk/article/559557/Japanese-financial-powerhouse-makes-strategic-investment-in-SriLankan-brokerage
7.
http://www.economynext.com/
Veteran_banker_Nihal_Fonseka_appointed_to_Sri_Lanka_Central_Bank_board-3-5783-1.html
8.
http://www.economynext.com/Asia_gains_on_BoE_easing_boon,_key_US_jobs_data_awaited-35782-11.html
9.
http://www.reuters.com/article/us-global-oil-idUSKCN10G02O
10. http://www.reuters.com/article/us-japan-economy-wages-idUSKCN10G001
www.bartleetreligare.com
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