Sri Lanka JKH March profit down 13-pct
ECONOMYNEXT – Sri Lanka’s John Keells Holdings group said March 2016 quarter net profit fell 13 percent to 4.5 billion rupees from a year ago.
Sales were flat at 24.9 billion rupees, according to interim results filed with the stock exchange.
Other operating income fell while finance costs surged 300 percent to 529 million rupees from the year before.
Diluted earnings per share for the quarter were 3.79 rupees. EPS for the year ended 31 March 2016 were 12.09 rupees.
Annual net profit fell 02 percent to 14 billion rupees while sales went up just 02 percent to 93.3 billion rupees.
(COLOMBO, May 25 2016)