21-Jun-2012 BFL - Annual Report 2011/2012

sriranga · 1 21-Jun-2012 BFL - Annual Report 2011/2012 Thu Jun 21, 2012 5:30 pm

sriranga

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BFL Annual Report 2011/2012 haS been uploaded on the CSE website.

http://www.cse.lk/cmt/upload_report_file/452_1340276689889.pdf

sriranga

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21-Jun-2012 BFL - Annual Report 2011/2012 Bfl310

21-Jun-2012 BFL - Annual Report 2011/2012 Bfl410

Slstock · 3 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Thu Jun 21, 2012 6:11 pm

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sriranga wrote:

Interesting shareholder list. Note the 16 million total share also.

WildBear · 4 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Thu Jun 21, 2012 7:12 pm

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Tortoise is still there pig

Rizmi · 5 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Fri Jun 22, 2012 3:05 am

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WildBear wrote:Tortoise is still there

What Tortoise pls?

smallville · 6 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Fri Jun 22, 2012 7:09 am

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FY12 profts stands at 432.57 Mn with an EPS of 27.04 (less than last year).
Current debts - 266.2 Mn seems to be very less too.

Perpetual Capital (Pvt) Ltd. still holds 8.521% while ETF has increased its stake to 4.091%.

Mr. M.N. Singha Laxana (Tortoise) backed into the business with 0.628%, so we have to watch this counter Wink

Rizmi · 7 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Fri Jun 22, 2012 10:38 am

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Tks Smallville Smile

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Sri Lankans now consider ‘Chicken’ as an essential food item says the country’s pioneer chicken processor, Bairaha Farms PLC.

The company’s Chairman Professor. M.T.A. Furkhan says, “It is noteworthy to mention that chicken is considered today as an essential food item as classified by the Government”.

Furkhan in his review to the firm’s 2011/2012 annual report says the current annual consumption of chicken in the country is estimated to be approximately 6.5 kg and 54 eggs per person.

“Chicken and eggs remains the cheapest source of animal protein in the nation”, Furkhan adds.
Bairaha Chairman also observes that, when the domestic per capita income rises, it has a direct correlation with the demand for chicken in the local market.

The chicken meat processor points out that as per the official statistics; the country’s chicken production has marked a year on year growth of 12% to reach 116,760 metric tons during the year 2011.

Egg production too has grown by 4% year on year in 2011.

According to Furkhan, the growth was largely due to measures implemented to subdue the price hikes in the poultry market.

Bairaha Farms PLC’s turnover during the year ended 31st March 2012 has amounted to Rs. 2.79 billion, up 9.4% from Rs. 2.55 billion recorded during the previous year.

However, its net profit before tax has dipped from Rs. 585 million in the previous year to Rs. 487 million during the year under review.

Furkhan attributes the reasons for the dip in financial performances to the shortage of raw materials internationally; restriction on maize imports, an increase in international commodity prices and high taxes on imports, which he says led to the high cost of production thus putting pressure on the firm’s financials.

Bairaha Farms is a listed firm in the Colombo Stock Exchange.
http://www.news360.lk/business-finance/news-sri-lankans-meat-22-06-2012-consider-%E2%80%9Cchicken%E2%80%99-as-an-essential-food-item-%E2%80%93-a-chicken-producer-65431

market bull · 9 Re: 21-Jun-2012 BFL - Annual Report 2011/2012 Fri Jun 22, 2012 2:21 pm

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Thanks for info.. impressive figures

Singha also backed,we see how it goes.

smallville wrote:FY12 profts stands at 432.57 Mn with an EPS of 27.04 (less than last year).
Current debts - 266.2 Mn seems to be very less too.

Perpetual Capital (Pvt) Ltd. still holds 8.521% while ETF has increased its stake to 4.091%.

Mr. M.N. Singha Laxana (Tortoise) backed into the business with 0.628%, so we have to watch this counter