Lanka Milk Foods[LMF] is a one of the companies whom shall benefit mostly due to import restrictions placed currently. The company has posted impressive financial performance in as of June 2020 and future looks positive.
The increase in the top line substantially and YoY profit growth recorded 968% hints the future outlook likely to be promising. Additionally, the company has disclosed an interesting announcement on 30/05/2020 which ironically provides valuable insights for investors to purchase with confidence.
[url=https://cdn.cse.lk/cmt/announcement_portal_prod/DISCLOSURE AS OF 31.03.2020_LMF new_1783010915583515.pdf]https://cdn.cse.lk/cmt/announcement_portal_prod/DISCLOSURE%20AS%20OF%2031.03.2020_LMF%20new_1783010915583515.pdf[/url]
NAV - Rs 211/-
EPS[1Q20] - Rs 2.23
Dividends Announced - Rs 2.50/-
Highly recommend share for medium term.