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Sri Lankan unit of lubricant giant Chevron’s profits were up 22 percent for the nine months ending September 2011, with a corresponding rise in profits for the September quarter, provisional interim accounts showed.
Chevron Lubricants Lanka net profit for the nine months ended September 2011 were at Rs 1.44 bn compared with Rs 1.18 bn the year before, while sales for the period went up 14 percent to just over Rs 8 bn.
The earnings per share were Rs 11.99 for the period compared with Rs 9.86 the previous year.
Net profit was up 53 percent to 603 million rupees in the September 2011 quarter although revenue only rose 23 percent to Rs 3.08 bn.
Other operating income dropped to Rs 104,000 in the three months in the quarter from Rs 249,000 a year ago.
EPS for the September quarter were Rs 5.03 compared with Rs 3.29 the previous year.
http://www.lbr.lk/fullstory.php?nid=201110241441017568
Chevron Lubricants Lanka net profit for the nine months ended September 2011 were at Rs 1.44 bn compared with Rs 1.18 bn the year before, while sales for the period went up 14 percent to just over Rs 8 bn.
The earnings per share were Rs 11.99 for the period compared with Rs 9.86 the previous year.
Net profit was up 53 percent to 603 million rupees in the September 2011 quarter although revenue only rose 23 percent to Rs 3.08 bn.
Other operating income dropped to Rs 104,000 in the three months in the quarter from Rs 249,000 a year ago.
EPS for the September quarter were Rs 5.03 compared with Rs 3.29 the previous year.
http://www.lbr.lk/fullstory.php?nid=201110241441017568
