JKH posts Rs 1.37 b profit in Q2

John Keells Holdings PLC posted an impressive financial performance for the three months ended June 30, 2011.

John Keells Holdings PLC Chairman Susantha Ratnayake said profit attributable to equity holders for the quarter is Rs 1.37 billion and reflects an increase of 35 per cent over the Rs 1.01 billion in the corresponding period in the previous year.

Profit before tax (PBT) of Rs 1.88 billion for the quarter is an increase of 23 per cent over the PBT of Rs 1.53 billion in the corresponding period in the previous year. The revenue at Rs 15.69 billion in the first quarter was 21 per cent above the Rs 12.92 billion recorded in the corresponding period in the previous year.

The company PBT of Rs 1.02 billion for the quarter was marginally above the Rs 1.01 billion recorded in the corresponding period in the previous year.