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FINANCIAL CHRONICLE™
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
Posts : 1313 Equity Stars : 7889 Reputation : 136 Join date : 2011-05-26 Location : Sri Lanka
CP: LKR 18.4, Not covered) posts LKR 36mn in profits for 1HFY15-MGT's 1HFY15 revenue grew 9% YoY to LKR 1.3bn whilst the quarter revenue grew 3% YoY. GP margins for the 6 months improved to 11% from 8% in 1HFY14. Profits for the quarter was LKR 32mn, a 44% YoY increase from 2QFY14 while 1HFY15 profits were LKR 36mn (vs a loss of LKR 72mn in 1HFY14). MGT currently trades on a PBV of 2x.