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EPS - 17.41
Market Price (05/04/2011) - 158.50
Sri Lankan floor tile manufacturer Royal Ceramics Lanka said it has acquired a paint making firm for 125 million rupees.
A stock exchange filing said Royal Ceramics acquired a 100 percent stake in a paint and allied product manufacturing company named Ever Paint and Chemical Industries operating under the brand name 'Colorbrite' on April 0, 2011.
Royal Ceramics expanded into sanitaryware two years ago setting up a factory under a subsidiary called Rocell Bathware.
Expansion - http://www.lbo.lk/fullstory.php?nid=1897393515
EPS - 17.41
Market Price (05/04/2011) - 158.50
Sri Lankan floor tile manufacturer Royal Ceramics Lanka said it has acquired a paint making firm for 125 million rupees.
A stock exchange filing said Royal Ceramics acquired a 100 percent stake in a paint and allied product manufacturing company named Ever Paint and Chemical Industries operating under the brand name 'Colorbrite' on April 0, 2011.
Royal Ceramics expanded into sanitaryware two years ago setting up a factory under a subsidiary called Rocell Bathware.
Expansion - http://www.lbo.lk/fullstory.php?nid=1897393515
Last edited by Quibit on Wed Apr 06, 2011 11:10 am; edited 1 time in total (Reason for editing : article embedded)
