Tag: Power and Energy
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LAUGFS Power PLC turned around to a profit of Rs. 51.98 million in 2023/24
The financial performance of LAUGFS Power PLC for the year ended March 31, 2024, shows both stability and growth, with notable highlights in hydro and solar energy segments. Performance Highlights Financial Ratios Asset and Liability Overview Segment Performance Strategic Initiatives and Future Outlook LAUGFS Power is focusing on expanding its renewable energy portfolio, including solar…
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Lanka IOC PLC: Net profit margins for FY2023/24 declined to 5% from 13%
Lanka IOC PLC, a leading player in Sri Lanka’s petroleum industry, has faced a tumultuous fiscal year ending March 31, 2024. This report delves into the financial performance, key ratios, and profitability of the company, highlighting significant trends and providing a comprehensive analysis of its financial health. Financial Performance Overview Revenue and Profitability Lanka IOC…
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Vallibel Power Erathna PLC: Financial Performance for year ended 31st March 2024
Based on the provided context from the interim financial statements of Vallibel Power Erathna PLC for the year ended 31st March 2024, the group’s financial performance and profitability can be summarized as follows: Financial Performance: The financial data indicates that Vallibel Power Erathna PLC’s group has had a successful year with increased profitability and growth…