Category: Stock market
ComBank begins FY2024 with impressive growth
The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet. The Group reported…
Sampath Bank PLC: Financial performance for 3 months ended 31st March 2024
Financial Performance Sampath Bank posted a profit before tax (PBT) of Rs 6.2 Bn and a profit after tax (PAT) of Rs 3.4 Bn for the three months ended 31st March 2024, notwithstanding an exchange loss of Rs 4.3 Bn due to the appreciation of LKR against USD by Rs 23.70. These figures signify growth…
Harischandra Mills PLC: Financial Performance as at 31st March 2024
Based on the latest available interim financial statements for Harischandra Mills PLC for the year ended 31 March 2024, the company has experienced some variances in its financial performance compared to the previous year. Here are some key points from the data provided: These figures are provisional and subject to audit, as noted in the…
Horana Plantations PLC: Financial Performance as at 31st March 2024
Based on the interim financial statements for Horana Plantations PLC for the twelve months ended 31st March 2024, the following financial performance data can be extracted: The financial performance indicates a reduction in revenue and comprehensive income, along with a decrease in EPS. However, the company has declared a dividend, which could be a positive…
Kelani Valley Plantations PLC: Financial Performance as at 31st March 2024
The financial performance of Kelani Valley Plantations PLC as at 31st March 2024 can be analyzed by reviewing the unaudited and audited financial statements provided in the interim reports. Here’s a summary based on the provided documents: Revenue: Cost of Sales: Gross Profit: Other Income: Total Equity and Liabilities: Earnings Per Share (EPS) Earnings Per…
Cargills Bank posts Profit before Tax Rs. 109 Million for the quarter ended 31 March 2024
Financial Highlights There was moderate growth in our Deposit and Loan portfolios amidst stiff competition from our peers. The Bank continued support to its customers to help them meet challenges they faced.Continuous downward revisions of lending rates, with lagged repricing of deposits, eroded net interest margins and exerted considerable pressure on the Bank’s bottom line. This…
Singer Sri Lanka PLC: Latest Financial Performance as at 31st March 2024
Based on the interim financial statements for the twelve months ended 31st March 2024, Singer (Sri Lanka) PLC has shown a significant improvement in its financial performance compared to the previous year. Here are some key highlights and their future outlook: Revenue Growth: Profitability: Earnings Per Share (EPS): Share Price Movement: Segment Performance: Future Outlook:Given…
Singer Finance PLC: Financial Performance as at 31st March 2024
Based on the provided context from the interim financial statements of Singer Finance (Lanka) PLC for the twelve months ended 31st March 2024, the financial performance can be summarized as follows: Revenue and Income: Expenses: Profitability: Assets: Liabilities and Equity: Segment Reporting: Shareholder Information: Debentures: Overall, Singer Finance (Lanka) PLC’s financial performance for the twelve…
Alumex PLC: Financial Performance as at 31st March 2024
The financial performance of Alumex PLC as of March 2024, based on the unaudited interim financial statements, can be summarized as follows: Revenue: Profitability: Share Performance: Financial Ratios: Other Financial Highlights: This summary indicates that Alumex PLC has experienced a positive turnaround in its financial performance during the twelve months ended 31st March 2024, with…
Hayleys Fibre PLC: Quarterly Financial Performance 31st March 2024
Based on the provided context, the latest financial performance of Hayleys Fibre PLC can be summarized from the interim financial statements for the year ended 31st March 2024. Here are the key figures: It is important to note that the figures for the year ended 31st March 2024 are unaudited, and the earnings per share…
Dialog Finance PLC: Financial Review for the Quarter ended 31 March 2024
Dialog Finance PLC (the “Company”) announced, Wednesday 8th May 2024, its financial results for the three months ended 31st March 2024. The lending book of the Company recorded a healthy growth of 13.1% Year-on-Year (“YoY”) to record net loans and advances of Rs. 3.4 Bn as at 31 March 2024. Despite the expansion in lending activities, total…
CSE: Opportunity to EXIT?
Colombo Stock Market: Exit Points based on market gains/ Return on Investments (ROI). ASPI – Historical Movement Colombo Stock Market has currently gained more than 77% ROI since April 2022. Sri Lanka declared bankruptcy in April 2022 and during this period ASPI felt below 7000 levels. Stock Market Vs LKR Depreciation Colombo Stock market ASPI…
DFCC Bank Reports Strong Profit Growth in 1Q2024
DFCC Bank demonstrated resilience and continued its commitment to serving customers nationwide, delivering high-quality customer centric banking services amidst the ongoing revival of economic activity. Proactive policy adjustments facilitated a notable reduction in historically high-interest rates aimed at bolstering economic growth and stabilising inflation. This initiative, which started in June 2023, envisaged a substantial and…
Kingsbury PLC: Latest Financial performance as at 31st March 2024
Based on the provided context, Kingsbury PLC’s financial position as at 31st March 2024 can be summarized as follows: The financial statements also indicate that there were no adjustments required since the Statement of Financial Position date and no material contingent liabilities or assets that needed to be disclosed for the period ended 31st March…
Watawała Plantation PLC Vs Namunukula Plantations PLC: SWOT Analysis
Namunukula Plantations PLC Based on the provided context, Namunukula Plantations PLC has shown a strong financial performance in the fiscal year 2022/23. Here are some key highlights from the data: Watawała Plantations PLC Based on the provided context, Watawala Plantations PLC has demonstrated a mixed financial performance in recent periods. Here are some key points…
Hayleys Leisure PLC: Latest Financial Performance -31st March 2024
Based on the provided context from the interim financial statements of Hayleys Leisure PLC for the period ended 31st March 2024, we can analyze the company’s profitability as follows: Revenue Growth: Gross Profit: Profit/Loss per Share (EPS): Total Comprehensive Income/Expense: From the data available, it is evident that Hayleys Leisure PLC has experienced substantial growth…
Peoples Insurance PLC: Financial Performance FY2023
latest financial performance of Peoples Insurance PLC for the fiscal year ending December 31, 2023, can be summarized as follows: Key Financial Ratios key financial ratios for Peoples Insurance PLC for the fiscal year ending December 31, 2023, are as follows: These ratios provide insights into the company’s financial performance, efficiency, profitability, and market valuation…
HNB Assurance PLC – Financial Performance 1Q2024
The financial performance of HNB Assurance PLC as at 31st March 2024 is as follows: These figures indicate that HNB Assurance PLC has shown a positive financial performance in the first quarter of 2024, with increases in investment balances, cash at bank balances, and profit for the period. The administration expenses have decreased, which could…
Union Bank of Colombo PLC: Financial Performance 1Q 2024
Based on the interim financial statements of Union Bank of Colombo PLC for the period ended 31 March 2024, the financial performance, profitability, and key ratios can be summarized as follows: Financial Performance: Profitability: Key Ratios: Asset Quality: Liquidity and Capital Adequacy: Market Performance: These figures indicate that Union Bank PLC has experienced a decrease…
Watawała Plantations PLC: Corporate Analysis
Corporate analysis of Watawala Plantations PLC, we will first look at the net profit figures and profit before tax from the provided interim financial statements for the periods ending in June 2023, September 2023, and December 2023. Here’s a detailed analysis: Profitability June 2023: (3 months) September 2023: (6 months) December 2023: (9 months) Comparative…
Kahawatte Plantations PLC: Latest Financial Performance 1Q 2024
Based on the provided context, Kahawatte Plantations PLC’s latest financial performance and key indicators as at 31st March 2024 can be summarized as follows: Financial Performance: Key Indicators: This summary provides an overview of the financial performance and key indicators for Kahawatte Plantations PLC as at 31st March 2024. For a more detailed analysis, additional…
PGP Glass Ceylon PLC: Financial Performance as at 31st March 2024
Based on the provided context from the interim financial statements of PGP Glass Ceylon PLC for the year ended 31st March 2024, the financial performance of the company can be summarized as follows: Revenue and Profitability: Share Performance: Dividends: Equity and Reserves: Market Capitalization: Public Holding: Directorate: Key Financial Ratios Based on the available information,…
Sri Lanka Telecom Vs Dialog Axiata
To provide a comparative analysis between Dialog Axiata PLC and Sri Lanka Telecom PLC, we will look at various aspects such as market performance, financial health, strategic direction, and technological advancements based on the latest available data. Market Performance:As of the latest data, Dialog Axiata PLC’s stock price remained unchanged, indicating stability in investor sentiment.…
Ceylinco Insurance PLC: Latest financial Performance, Ratio Analysis and future outlook
Financial Performance: Ceylinco Insurance PLC’s latest financial performance for the year ended 31st December 2023, as reported in their Integrated Annual Report, shows the following highlights: These figures indicate that Ceylinco Insurance PLC has experienced growth in premium income and other revenues, although there was a slight decrease in profit before the share of associates.…
