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Expolanka Holdings posts Rs. 668 Mn PAT for 1H 2011-2012 04-November-2011

2 posters

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LBnews

LBnews
Equity Analytic
Equity Analytic

Expolanka Holdings PLC sustained its consolidated NPAT for the first half of FY 2011/12 at Rs. 668 Mn, with a consolidated NPBT at Rs. 862 Mn. These results have been achieved against the backdrop of the many challenges faced by the Group in the international trading sector with its global economic downturn, coupled with the regional, economic and political issues that prevailed in the Middle East.

visit lankabusinessnews.com/11.11.November/032.ExpoLanka.html for more details

warren buff


Equity Analytic
Equity Analytic

Who are you trying to fool?....if you look at the consolidated income statement..for the quarter ended 30/09/2011, profits have actually dropped drastically..earnings per share has fallen from .21 cents to .15 cents QoQ.

Remember thats when they decided to sell shares to family and friends by way of private placement for Rs. 6/=.....and to us, the gullible "retailers", for Rs. 14/=.I think the company is run by a set of crooks...though they try to portray themselves as a set of saints.

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