FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» LOLC's Conrad Dias on digital transformation - LMD tv interviw
by samaritan Yesterday at 11:14 am

» Suspension of "Parate rule" to end...
by deli Yesterday at 8:29 am

» Top 10 Listed Companies in Sri Lanka - 2024
by deli Yesterday at 8:23 am

» John Keells Holdings PLC share is worth LKR 17/= after Rights Issue and Sub-Division of shares
by God Father Tue Nov 05, 2024 10:02 pm

» LOLC Tech & Sanfer partnership to reshape digital transformation on a global scale
by samaritan Fri Nov 01, 2024 10:04 am

» TILE AND CERAMIC SECTOR
by OC.S Wed Oct 30, 2024 12:23 am

» JKH Trading Higher PER 30. Is it Fairly valued??
by OC.S Wed Oct 30, 2024 12:20 am

» Bullish about a sustainable turnaround - CSE Chairman
by OC.S Wed Oct 30, 2024 12:16 am

» Natural Gas Futures Sink 10%
by Rare Tue Oct 29, 2024 12:15 pm

» Oil prices fall further
by Rare Mon Oct 28, 2024 10:23 am

» Access Engineering awarded two more contract packages at Colombo Port
by Biggy Fri Oct 25, 2024 9:20 am

» CITH - What happned today?
by maduk Fri Oct 25, 2024 2:24 am

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Thu Oct 24, 2024 1:09 pm

» සභාපතිවරයාගේ හැසිරීම හේතුවෙන් රිචර්ඩ් පීරිස් සමාගම අනතුරේ?
by ChooBoy Mon Oct 21, 2024 12:47 am

» ANALYSIS: Sri Lanka Car Market 2024
by D.G.Dayaratne Sun Oct 20, 2024 9:50 pm

» Unprofessional conduct by Directors of East West Properties PLC
by Biggy Sun Oct 20, 2024 9:31 pm

» Colombo Stock Market: Valuation Guide 2Q2024
by God Father Sun Oct 20, 2024 8:23 am

» Imperfect laws keeps Bankrupt Companies trading in Sri Lanka Stock Exchange gravely endangering the Investors!
by God Father Fri Oct 18, 2024 9:47 pm

» Stock-Picking Strategies
by Rare Fri Oct 18, 2024 12:53 pm

» Post-election winners.
by Biggy Wed Oct 16, 2024 11:38 am

» Price Movement in Brent Co., WTI Co., and CEYPETCO Price Revisions Since Hamas' Attack on Israel in October 2023
by sheildskye Tue Oct 15, 2024 6:19 am

» WATA; MELS; LLUB; RCL- DIVIDEND SEASON
by sheildskye Tue Oct 15, 2024 6:04 am

» NDB Wealth buys more into Access Engineering; foreign investor Tundra exits
by Dasun Maduwantha Sun Oct 13, 2024 12:57 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Discussion - Growth potential of AEL

5 posters

Go down  Message [Page 1 of 1]

1Discussion - Growth potential of AEL Empty Discussion - Growth potential of AEL Wed Oct 24, 2012 11:47 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

What about the Growth potential of AEL?

Infrastructure development would play a key part in the years to come in SL. with all these developments going on...............................

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Access Engineering PLC said its group pre-tax profits rose 84 percent for the quarter ended September 30, 2012.

"Turnover for the six months ended 30th September 2012 of Rs.6,057 million and Rs. 4,784 million has recorded a growth of 131% and 88% at group and company level over the corresponding period of last year. At company level, the highest contribution to revenue was from the highways construction sector followed by building construction and production income sectors. This growth in top line has resulted in the company reporting a before tax profit of Rs. 973 million and Rs. 823 million which is a growth of 84% and 74% at group and company level compared to the corresponding period of last year," the company said in a statement yesterday (24).

Embarking on the theme of ‘Capacity Building’ which is earmarked, during the 6 months ended the company has made further investments amounting to Rs. 551 million in property, plant and equipment. The company declared a dividend of Rs. 0.25 per share for the year ended 31st March 2012 which was paid in June 2012.

Operating activities of the company have generated a net cash inflow of Rs. 936 million with the net cash outflow from investing activities amounting to Rs.950 million mainly due to capacity building initiatives that were undertaken by the company.

Access Engineering has successfully completed many landmark infrastructure projects in the island such as the Hambantota International Airport project (Cargo and Fire Rescue Buildings, Airport Access Road, Fuel Hydrant for the Apron, Pipe Laying and a Water Tower), design and build of 1137 housing units at Henamulla, Outer Circular Highway Piling Project which is the largest piling project awarded to a single contractor, Unity Container Terminal Rehabilitation Project at the Colombo Harbour, Hambantota Water Supply Project, Batticaloa Water Supply project, Ibbagamuwa - Madagalla Road Project, Galagedara - Rambukkana Road Project, Jaffna Rehabilitation & Improvement Project (3 major roads), Dialog Aerial Optical Fiber Network Project and the Veyangoda Railway Flyover Project.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=64490

3Discussion - Growth potential of AEL Empty Re: Discussion - Growth potential of AEL Thu Oct 25, 2012 9:32 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Trading Held this morning. Shocked

4Discussion - Growth potential of AEL Empty Re: Discussion - Growth potential of AEL Thu Oct 25, 2012 10:08 am

niru


Manager - Equity Analytics
Manager - Equity Analytics

Kithsiri wrote:Trading Held this morning. Shocked

Trading of AEL.N0000 has been halted pending a clarification from the company regarding the financial results (as at 30-09-2012) published in the press today prior to the release of same to the CSE.

5Discussion - Growth potential of AEL Empty Re: Discussion - Growth potential of AEL Thu Oct 25, 2012 10:55 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I am sure their REv. is 4.8 b ..........Or rather 4.7 is the accurate figure.

But I cant understand the following part.........

Turnover for the six months ended 30th September 2012 of Rs.6,057 million and Rs. 4,784 million has recorded a growth of 131% and 88% at group and company level over the corresponding period of last year

Sponsored content



Back to top  Message [Page 1 of 1]

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