LHCL - Report released

Monster · 1 LHCL - Report released Mon Feb 28, 2011 10:07 am

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http://www.cse.lk/cmt/upload_report_file/516_1298862371219.pdf

Quarter EPS - 0.47
Annual EPS - 1.23

marketanalyst · 2 LHCL Mon Feb 28, 2011 11:37 am

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gud buy, is it?

jkhdimo · 3 Re: LHCL - Report released Mon Feb 28, 2011 1:02 pm

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Monster · 4 Re: LHCL - Report released Mon Feb 28, 2011 1:15 pm

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There is a decent growth when we compare the previouse year.

Current EPS --> 1.23
Current PER (37.5/1.23) --> 30.48
NVPS --> 10.20

So, I believe it's overvalued. Other hospitals in the same sector (NHL, AMSL, ASIR) are trading at lower PER.

Monster · 5 Re: LHCL - Report released Mon Feb 28, 2011 2:45 pm

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Sri Lanka state-run hospital returns to profit in Dec

Feb 28, 2011 (LBO) - Lanka Hospitals Corporation, a Sri Lanka listed state-run hospital it made a profit of 105 million rupees in the December 2010 quarter returning from a loss of 12 million a year earlier as revenues rose 50 percent.
Lanka Hospitals Corporation, originally built by India's Apollo healthcare group is now under state-run Sri Lanka Insurance Corporation.

The firm said revenues rose 51 percent to 929 million rupees while cost of services rose 54 percent to 522 million rupees.

For the full year, the hospital is reporting profits of 274 million rupees up from 7.2 million rupees on revenues of 3.1 billion rupees, up from 1.77 billion rupees.

The firm is reporting earnings of 47 cents for the quarter, 1.23 rupees for the full year.
The stock traded at 37.50, Monday in intra-day trade.

http://www.lbo.lk/fullstory.php?nid=1226066188