Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» Positive News
by samaritan Today at 7:16 pm

» Stupid fucking UNP and ranils ass hole economics
by samaritan Today at 7:14 pm

» KAPI (MDT Walkers PLc)
by samaritan Today at 7:12 pm

» Massive Fraud At AEL subsidiry
by reyaz Today at 6:30 pm

» After Advanced level what is
by Arrowrisk Today at 5:58 pm

» Learn To Invest Yourself.
by Asoka Samarakone Today at 5:56 pm

» GOOD SHARES TO BUY
by ThilinaM Today at 5:07 pm

» LOOKOUT FOR SIRA
by Ruwan925 Today at 3:16 pm

» DIVIDEND UPDATES Link
by Beta1 Today at 3:12 pm

» FORUM POLITICIANS
by samaritan Today at 1:57 pm

» BIL පුපුරා යාමට ආසන්නයි
by sanjulanka Today at 10:23 am

» lOFC definitely will hit 6/-
by Teller Today at 1:04 am

» Renuka managemnt Treat SH as Trash
by Sanju121 Yesterday at 5:36 pm

» RAL....RAL, Renuka Agri
by fireshelter Yesterday at 2:32 pm

» Blue Diamonds Voting & Non Voting
by Ahcha Yesterday at 6:35 am

» MULL trade up possibilities
by crs Sat Sep 14, 2019 7:22 pm

» MARA marai
by SECsux Fri Sep 13, 2019 6:22 pm

» SLTL REVALUATION OF ASSETS IS ON............
by Eng Krishantha Fri Sep 13, 2019 5:06 pm

» LIOC shares
by lakmal Fri Sep 13, 2019 12:47 pm

» JKH will touch 175 very soon
by Rare Fri Sep 13, 2019 11:10 am

» ඇවන්ගාඩ් අල්ලස් නඩුවෙන් ගෝඨාභය නිදහස්
by samansilva Fri Sep 13, 2019 12:25 am

» Invest AEL and TKYO return more than 30%...
by samaritan Thu Sep 12, 2019 5:15 pm

» Watch Out for MAL.X
by Cricketman Thu Sep 12, 2019 1:56 pm

» LOOKOUT FOR GLASS
by Sanju121 Thu Sep 12, 2019 1:02 pm

» NEXT RUN LDEV
by Sanju121 Thu Sep 12, 2019 12:28 pm

» BIL. N mandatory offer at Rs 6.80
by Equityinvestor Thu Sep 12, 2019 12:05 pm

» PAP vs RAL
by Teller Thu Sep 12, 2019 11:04 am

» Why AAIC Should trade above RS.50/-
by nosf76677 Thu Sep 12, 2019 10:40 am

» RAL AND KZOO
by Ahcha Thu Sep 12, 2019 10:40 am

» Look PAP Amazing company
by reyaz Thu Sep 12, 2019 10:21 am

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by ThilinaM Thu Sep 12, 2019 9:56 am

» PIRAMAL GLASS (GLAS)
by Sanju121 Thu Sep 12, 2019 9:45 am

» AEL CAPITAL TRUST 24.50?
by samaritan Thu Sep 12, 2019 7:39 am

» Kzoo vs onal
by fireshelter Wed Sep 11, 2019 5:56 pm

» Still you can Enter to CFVF.N0000 :
by Trader321 Wed Sep 11, 2019 4:55 pm

» Only equity stocks are discussed here!
by reyaz Wed Sep 11, 2019 4:36 pm

» AEL is going to 14 again
by samaritan Wed Sep 11, 2019 4:22 pm

» ANNOUNCEMENT OF PRESIDENT ELECTION
by Ahcha Wed Sep 11, 2019 3:05 pm

» SAJITH TO BE NAMED AS THE UNP CANDIDATE
by samaritan Wed Sep 11, 2019 12:46 pm

» Renuka Capital(KZOO) Vs Onal
by Capton KIng Cool Wed Sep 11, 2019 11:54 am

» JKH Investor PresentationReview of FY2019
by reyaz Wed Sep 11, 2019 11:28 am

» How to buy Debentures from Secendary market
by reyaz Wed Sep 11, 2019 10:15 am

» Planning your exit
by evapattern Wed Sep 11, 2019 2:36 am


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » SINGER, Sri Lanka consumer durables seller sees demand pick up

SINGER, Sri Lanka consumer durables seller sees demand pick up

Go down  Message [Page 1 of 1]

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Singer (Sri Lanka) Plc, a consumer durables retailer said there was a pick-up in demand in the March 2014 quarter thought economic conditions were still sluggish and installment collections were difficult.

Group net profits fell 26 percent from a year earlier to 129 million rupees in the March 2014 quarter as revenues rose. The group reported earnings of 1.04 rupees for the quarter.

Group revenues rose 7.9 percent to 6.7 billion rupees and expenses rose 8.7 percent to 4.2 billion rupees. Direct interest costs rose 25 percent to 185 million rupees. Gross profits grew 5.2 percent to 2.3 billion rupees.

"Despite the fact that the current business environment is sluggish there is a reason for optimism when we look at the growth of revenue over the last one year," group chief executive Asoka Pieris told shareholders in an interim statement.

"In the 2nd quarter of last year there was a decline of 1 percent in Group revenue followed by a 3 percent decline in the 3rd quarter of last year.

"In the 4th quarter of last year we experienced a 3% growth and in the 1st quarter of 2014, we have experienced an 8 percent growth.

http://www.lankabusinessonline.com/news/sri-lanka-consumer-durables-seller-sees-demand-pick-up/1412740501

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum