26-Nov-2012 Interim financial statements 30-09-2012

sriranga · 1 26-Nov-2012 Interim financial statements 30-09-2012 Mon Nov 26, 2012 8:04 pm

sriranga

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BROWNS INVESTMENTS
http://www.cse.lk/cmt/upload_report_file/1077_1353924330.pdf

ELPITIYA PLANTATIONS
http://www.cse.lk/cmt/upload_report_file/707_1353921829042.pdf

GEORGE STEUART FINANCE
http://www.cse.lk/cmt/upload_report_file/1204_1353924535.pdf

LAUGFS GAS
http://www.cse.lk/cmt/upload_report_file/1020_1353924605.pdf

NANDA INVESTMENTS & FINANCE
http://www.cse.lk/cmt/upload_report_file/1076_1353924261.pdf

SINHAPUTHRA FINANCE
http://www.cse.lk/cmt/upload_report_file/950_1353921055.pdf

TAPROBANE HOLDINGS
http://www.cse.lk/cmt/upload_report_file/1181_1353921603710.pdf

- Interim Financial Statements for the period ended 30-09-2012 have been uploaded on the CSE website.

wgsaman

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what about lgl ?

Redbulls · 3 Laugfs Gas, subsidiaries record strong performance Wed Nov 28, 2012 6:14 am

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Laugfs Gas PLC and its subsidiaries record a strong performance for the six months ended September 30, 2012.

The group consists of four subsidiaries operating in the spheres of Vehicle Emission Testing, Leisure, Property Development and Power. Laugfs Gas PLC and its subsidiaries, according to the un-audited financial statements for the six months period ended September 30, 2012 has posted a record turnover of Rs. 5.15 billion which is a 19 % increase over the corresponding period.

The Group recorded Rs. 0.54 billion Profit Before Tax which is a growth of 13 % over the corresponding period of last year. As far as the financial position is concerned as at September 30, 2012 the Group Net Assets Per Share recorded a growth from Rs15.17 to Rs16.16 over the corresponding period of last year.

Laugfs Gas PLC as the parent company also performed well despite turbulent economic environment. With world LPG prices reaching the highest recorded in the recent years in 2012, depreciation of the rupee, the company has yet maintained to contribute to Group revenue significantly with a recorded a revenue growth of 19 % compared to the corresponding period of last year.

The Laugfs Eco Sri (Pvt) Ltd engaged with Vehicle Emission Testing Services is planning to extend its operations to all provinces in the country covering Northern Province.

The company has continued to increase awareness on environment protection and offer services on vehicle emission testing in support of VET certification which was made mandatory by the Registrar of Motor Traffic in November 2008. With increased revenue and profit over the period the company plans to enter in to diversified business with intentions of maintaining and improving the Go-Green concept in place at present.

The Group’s engagement with operations of Leisure segment as a business priority is taking to new heights. Laugfs Leisure Ltd is making rapid progress and is hopeful to establish a unique chain of five star hotels around the island, with the three hotels planning to begin operation by 2013 in Chilaw, Pasikuda and Wadduwa. The property development undertaken by Laugfs Property Developers (Pvt) Ltd is also progressing rapidly at Maya Avenue Colombo 06 and is expected to be completed by mid 2013.

Laugfs Gas PLC and its subsidiaries maintain continuous growth with commitment to create value to all stake holders.
http://www.dailynews.lk/2012/11/28/bus06.asp

sriranga · 4 George Steuart Finance profits down 45% Thu Nov 29, 2012 1:27 am

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Operating expenses weighed down profits of George Steuart Finance Ltd during the six months ended September 30, 2012. Net profits fell 45 percent to Rs. 15.1 million from Rs. 27.4 million a year ago, unaudited interim financial results filed with the Colombo Stock Exchange (CSE) showed.

Net interest income grew 43 percent to Rs. 58.4 million with gross revenue amounting to Rs. 70.6 million, a 39 percent increase from a year earlier.

Personnel expenses increased 75 percent to Rs. 10.5 million, administration expenses grew 171 percent to Rs. 14 million while overhead expenses grew 222 percent to Rs. 7 million and premises, equipment and establishment expenses grew 106 percent to Rs. 13.8 million.

Reversals, provision for losses on loans and advances grew a massive 2,947 percent to Rs. 8.6 million.

In September, the company listed 22.5 million shares in the Colombo Stock Exchange by way of an introduction with a book value of Rs. 15 per share and saw some phenomenal price fluctuations.

On its debut, the share price closed at Rs. 193.70 and soon reached a peak of Rs. 1,500 on relatively small parcels of shares.

Yesterday (28), a share closed at Rs. 625, up Rs.75 or 13.63 percent from the previous close.

George Steuart Finance Ltd is controlled by George Steuart Group, whose Chairman is Dilith Jayaweera.

The company issuing a statement later in September said it could not explain the rapid increase in its share price.

As at end September 2012, the company’s deposit base increased 201.5 percent Rs. 785.8 million.

Its loan book grew 3 percent to Rs. 510 million.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=67092