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COCO renuka foods quarter performance

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1COCO renuka foods quarter performance Empty COCO renuka foods quarter performance Thu Feb 07, 2019 12:38 pm

charithaa


Senior Equity Analytic
Senior Equity Analytic

From COCO RENUKA FOODS INTERIM report 

Performance 

Turnover and Profitability The Group recorded revenue for the period ended 31 December 2018 of Rs.6.3Bn (2017- Rs 5.5Bn).
 
The Group profit for the period ended 31 December 2018 was Rs 352Mn (2017- Rs 138Mn), of which profit attributable to the equity holders was Rs 241Mn (2017 – Rs 116Mn), reflecting a 107% increase compared to the same period of last financial year. 

Earnings per share and Net Assets 
The Group has recorded a Net Asset Value per share of Rs.34.29 as at 31 st December 2018 (31st March 2018 - Rs 28.76). Earnings per share of Rs 1.96 for the period ended 31 st December 2018 (31 st December 2017 – Rs 0.95)

Company has recovered from last year loss, and also having a 34.29/= net asset.  why still price is not moving up? and no dividend too.

2COCO renuka foods quarter performance Empty Re: COCO renuka foods quarter performance Thu Feb 07, 2019 11:01 pm

m2_yapa

m2_yapa
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

They are not sharing their profit among the share holders..that is wy it does not hv much attraction...Check the history

charithaa


Senior Equity Analytic
Senior Equity Analytic

@m2_yapa y they cant go for buyback?

charithaa


Senior Equity Analytic
Senior Equity Analytic

COCO renuka foods quarter performance Cocox10

charithaa


Senior Equity Analytic
Senior Equity Analytic

COCO renuka foods quarter performance Cocon10

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

This group need advice from Dhammika perera type people....

charithaa


Senior Equity Analytic
Senior Equity Analytic

This year COCO might cross  2.5+/= EPS, as of now 1.96 (9 months), which is way impressive.

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