JKH records Rs 2.99 b profit in second quarter

John Keells Holdings PLC, in their Interim Finance Report say the profit attributable to equity holders for the second quarter at Rs. 2.41 billion reflects an increase of 59 percent over the previous year while the first half performance at Rs 4.07 billion reflects an increase of 48 percent over the corresponding period in the previous year.

The Group profit before tax (PBT) at Rs. 2.99 billion in the second quarter of the financial year 2012/13 was an increase of 46 percent above the Rs 2.06 billion recorded in the corresponding period in the previous year.

The cumulative PBT for the first half of the financial year 2012/13 at Rs 5.39 billion was an increase of 44 percent over the PBT of Rs 3.74 billion recorded in the same period in the previous year.

The revenue at Rs 20.68 billion and Rs 40.70 billion in the second quarter and the first half of the financial year 2012/2013 was 17 percent and 21 percent above the Rs. 17.63 billion and Rs. 33.51 billion recorded in the corresponding periods in the previous year. The Company PBT for the first half of Rs 2.22 billion was an increase of 57 percent over the Rs 1.41 billion recorded in the first half of 2011/12.