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Ceylon Tobacco Company (CTC.N:LKR935.0)
l CTC’s bottom line for 2Q2015 up 20.2% YoY to LKR3.0 bn and 1H2015 net earnings also up 21.4% YoY to LKR5.5 bn.
l Government Levy up 20.8% YoY to LKR20.4 bn in 2Q2015 and 1H2015 government levies up 21.7% YoY to LKR40.0 bn.
l Net revenue for 2Q2015 grew 17.0% YoY to LKR6.5 bn driven by increase in domestic volumes by c.10%.
l Net profit margin (% of net revenue) increased 38 bps YoY to 46.1% in 2Q2015.
Courtesy: Softlogic Equity Research
l CTC’s bottom line for 2Q2015 up 20.2% YoY to LKR3.0 bn and 1H2015 net earnings also up 21.4% YoY to LKR5.5 bn.
l Government Levy up 20.8% YoY to LKR20.4 bn in 2Q2015 and 1H2015 government levies up 21.7% YoY to LKR40.0 bn.
l Net revenue for 2Q2015 grew 17.0% YoY to LKR6.5 bn driven by increase in domestic volumes by c.10%.
l Net profit margin (% of net revenue) increased 38 bps YoY to 46.1% in 2Q2015.
Courtesy: Softlogic Equity Research
