Tokyo Cement Extraordinary results

nuwank · 1 Tokyo Cement Extraordinary results Wed Nov 06, 2013 10:31 am

nuwank

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Great results for the quarter from Tokyo.

http://www.cse.lk/cmt/upload_report_file/688_1383708965331.pdf

Redbulls · 2 Sri Lanka Tokyo Cement profits up 160-pct Wed Nov 06, 2013 11:33 am

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Nov 06, 2013 (LBO) - Sri Lanka's Tokyo Cement Company (Lanka) Plc, said profits in the September 2013 quarter rose to 619 million rupees in the September 2013 quarter up 166 percent from a year earlier amid falling raw material prices.

The group reported earnings 1.85 rupees per share. For the six months to September the group reported earnings of 3.68 rupees per share on total profits of 1.2 billion rupees.

The group runs grinding plants with imported clinker and also packs and sells imported bulk cement.

The group said revenues were flat at 7.5 billion rupees in the September quarter but cost of sales fell 7 percent to 6.2 billion rupees from a year earlier, expanding gross profits 52 percent to 1.3 billion rupees.

Raw material prices have eased in international markets but domestic prices are sticky even downwards due to state approved prices analysts say.

Cement firms can also be hit when prices rise as the state tries to control prices.
http://www.lankabusinessonline.com/news/sri-lanka-tokyo-cement-profits-up-160-pct/1971406938

Monster · 3 Re: Tokyo Cement Extraordinary results Wed Nov 06, 2013 2:30 pm

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"The Alchemist" has already predicted this result

http://forum.srilankaequity.com/t31452-is-tkyo-strong#185354

salt · 4 Re: Tokyo Cement Extraordinary results Wed Nov 06, 2013 3:42 pm

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http://forum.srilankaequity.com/t28714-tkyo-performed-well

celtic tiger · 5 Re: Tokyo Cement Extraordinary results Wed Nov 06, 2013 5:01 pm

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salt wrote:http://forum.srilankaequity.com/t28714-tkyo-performed-well

Dear Salt
If someone bought tokyo..that time they already did make money out of it because of the dividend and capitalization of reserves.(J B coco..was collecting that time)
Yes..they will pass 30 but not sure about the time period because of the liquidity.But I am sure they will declare good dividend next year.

note.That time J B coco collected LIOC as well.

celtic tiger · 6 Re: Tokyo Cement Extraordinary results Mon Jan 13, 2014 3:51 pm

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If you want to get the best out of these two shares hold on to them for at least two more weeks.

sureshot · 7 Re: Tokyo Cement Extraordinary results Mon Jan 20, 2014 10:49 am

sureshot

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wish same on LCEM ......

dudi · 8 Re: Tokyo Cement Extraordinary results Mon Jan 20, 2014 11:09 am

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with the cement requirement in the country increasing day by day these counters have very good upward potential.will tkyo record all time high price in the near future?