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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million

HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million

2 posters

Message [Page 1 of 1]

1 HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million Wed Aug 03, 2011 7:33 pm

cse.alpha

Senior Manager - Equity Analytics

Posts : 336
Equity Stars : 5616
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Join date : 2011-01-28

HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million

http://www.cse.lk/cmt/upload_report_file/494_1312366631830.pdf

HAYC may be suffering from higher coconut charcoal prices as gross profit margins have got squeezed despite 20% yoy rise in turnover

2 Re: HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million Wed Aug 03, 2011 7:40 pm

Monster

Senior Vice President - Equity Analytics

Posts : 1708
Equity Stars : 8378
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Join date : 2011-01-22

While revenue has increased by 20%, cost of sales has increased by 31%. It seems HAYC is still suffering from high coconut charcoal price.

Though YoY is down, there is a progress compare to last two quarters.

Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HAYC - 1Q FY12 net profit down 21% yoy to Rs 125 million

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