Aitken Spence records excellent performance
J.M.S. Brito |
The Sri Lanka-based diversified conglomerate Aitken Spence PLC
recorded a net profit attributable to shareholders of Rs 2.08 billion
for 2009/10, showing an increase of 1.8 percent from last year.
Revenue for the year stood at Rs 24.4 billion. The operating profit
for the year was Rs 4.0 billion while the net profit after tax was Rs
3.0 billion. Company’s results released to the Colombo Stock Exchange on
Friday revealed an impressive Earnings per Share of Rs 76.73, up from Rs
75.37 during the previous year. The company announced an outstanding
dividend per share of Rs 10, which increased from Rs 9.50 last year.
The bluechip’s share price at the year end stood at Rs 1,373.75 which
represents a remarkable growth of 336.1 percent from a year ago.
The Group continues to explore new opportunities for management of
hotels in other regions, including those in which we already have a
presence”, said Deputy Chairman and Managing Director J.M.S. Brito. |