Sri Lanka's Haycarb, an activated carbon producer said profits rose 198 percent to 180.1 million rupees in the September quarter from a year earlier while revenues rose 14 percent to 2.55 billion rupees.The profits included a 17.6 million rupee contribution from a group unit. The firm has interests in hotels where some assets were sold. Haycarb claims to be the world largest producer of activated carbon from coconut shell charcoal....
Saturday, October 31, 2009
Friday, October 30, 2009
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JKH - Q2 falls 43 pct to 575 mln rupees
Conglomerate John Keells Holdings JKH.CM, Sri Lanka's largest company by market capitalisation, on Thursday reported an expected drop in September quarter profits, which swelled last year due to a one-off sale.Net profit fell 43 percent to 575.5 million rupee ($5 million) in the quarter ending September 30, though revenue rose 5 percent, the company said.Keells' diversified profile has made it one of the most attractive stocks...
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