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» සදහම් අටුවාව
Asian Hotels and Properties September net down 48-pct EmptyYesterday at 1:24 pm by Ethical Trader

» Easter Sunday Attack and Sri Lanka
Asian Hotels and Properties September net down 48-pct EmptyYesterday at 12:45 pm by ruwan326

» අනං මනං! #/+?.<>
Asian Hotels and Properties September net down 48-pct EmptySun May 19, 2019 6:10 pm by ruwan326

» My Port Folio Bleeding But Its just the Begining Of..
Asian Hotels and Properties September net down 48-pct EmptySat May 18, 2019 7:40 pm by serene

» Thread for News on CSE and SL Economy
Asian Hotels and Properties September net down 48-pct EmptySat May 18, 2019 1:49 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
Asian Hotels and Properties September net down 48-pct EmptyFri May 17, 2019 9:54 pm by dhanurrox

» Re: Financial reports Q1-2019
Asian Hotels and Properties September net down 48-pct EmptyFri May 17, 2019 7:53 pm by dhanurrox

» Sri Lanka mulls 25-pct ownership limit in finance companies
Asian Hotels and Properties September net down 48-pct EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
Asian Hotels and Properties September net down 48-pct EmptyFri May 17, 2019 2:43 pm by Backstage

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Asian Hotels and Properties September net down 48-pct EmptyThu May 16, 2019 8:00 pm by hammurabi

» Dividend Announcement
Asian Hotels and Properties September net down 48-pct EmptyWed May 15, 2019 6:42 pm by Rana

» Israeli spyware breached WhatsApp security
Asian Hotels and Properties September net down 48-pct EmptyWed May 15, 2019 7:47 am by කිත්සිරි ද සිල්වා

» Is Burka prohibted ?
Asian Hotels and Properties September net down 48-pct EmptyWed May 15, 2019 7:30 am by කිත්සිරි ද සිල්වා

» Thread for General News Local/Foreign
Asian Hotels and Properties September net down 48-pct EmptyTue May 14, 2019 11:49 am by CK

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
Asian Hotels and Properties September net down 48-pct EmptyFri May 10, 2019 7:15 pm by Backstage

» NEST.N0000
Asian Hotels and Properties September net down 48-pct EmptyThu May 09, 2019 7:54 pm by ruwan326

» What to Analyse
Asian Hotels and Properties September net down 48-pct EmptyThu May 09, 2019 5:53 pm by Ethical Trader

» Sweden-based Tundra Fund says Colombo bourse at lowest levels since 2009
Asian Hotels and Properties September net down 48-pct EmptyWed May 08, 2019 5:43 pm by serene

» Telenor and Dialog Axiata's parent in talks to merge Asian businesses
Asian Hotels and Properties September net down 48-pct EmptyMon May 06, 2019 1:50 pm by Backstage

» සුබ පාස්කූ මංගල්ලයක් වේවා !
Asian Hotels and Properties September net down 48-pct EmptySun May 05, 2019 6:51 pm by Backstage

» In the Meantime, Within Our Shores !
Asian Hotels and Properties September net down 48-pct EmptyThu May 02, 2019 11:27 am by Ethical Trader

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Asian Hotels and Properties September net down 48-pct EmptyWed May 01, 2019 3:49 am by Ethical Trader

» Thread for News on Local and Foreign Politics
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 26, 2019 8:18 am by කිත්සිරි ද සිල්වා

» how to access internet ?
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 26, 2019 7:55 am by කිත්සිරි ද සිල්වා

» SERV - The Kingsbury
Asian Hotels and Properties September net down 48-pct EmptyThu Apr 25, 2019 9:26 am by ruwan326

» Lessons from movies
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 23, 2019 8:26 am by කිත්සිරි ද සිල්වා

» DFCC.N0000 ( DFCC BANK PLC )
Asian Hotels and Properties September net down 48-pct EmptyMon Apr 22, 2019 12:38 pm by ruwan326

» Happy Birthday
Asian Hotels and Properties September net down 48-pct EmptySun Apr 21, 2019 8:13 pm by Rana

» Little Known Facts !
Asian Hotels and Properties September net down 48-pct EmptySun Apr 21, 2019 9:27 am by කිත්සිරි ද සිල්වා

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Asian Hotels and Properties September net down 48-pct EmptySat Apr 20, 2019 10:07 am by ruwan326

» HASU.N0000 (HNB ASSURANCE PLC)
Asian Hotels and Properties September net down 48-pct EmptyThu Apr 18, 2019 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
Asian Hotels and Properties September net down 48-pct EmptyThu Apr 18, 2019 6:02 pm by Ethical Trader

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Asian Hotels and Properties September net down 48-pct EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Asian Hotels and Properties September net down 48-pct EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
Asian Hotels and Properties September net down 48-pct EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
Asian Hotels and Properties September net down 48-pct EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» Micro Finance
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Asian Hotels and Properties September net down 48-pct EmptyFri Apr 05, 2019 7:40 am by serene

» PLC.N0000 ( People's Leasing and Fiance PLC)
Asian Hotels and Properties September net down 48-pct EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Asian Hotels and Properties September net down 48-pct EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Asian Hotels and Properties September net down 48-pct EmptyTue Apr 02, 2019 11:11 am by Backstage

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Asian Hotels and Properties September net down 48-pct

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Asian Hotels and Properties September net down 48-pct Empty Asian Hotels and Properties September net down 48-pct

Post by The Invisible on Wed Oct 31, 2018 9:37 am

ECONOMYNEXT- Sri Lanka's Asian Hotels and Properties Plc, the city hotel and property development arm of John Keells Holdings, said net profits halved from a year earlier to 214.8 million rupees in the September quarter on falling sales.

The company reported earnings of 49 cents a share in the quarter. In the six months to end September 2018, earnings were 63 cents a share on a profit of 279.7 million rupees, down 60 percent from a year earlier.

Asian Hotels and Properties was trading 50 cents higher Tuesday at 42.50 rupees.

In the quarter, sales fell 14 percent from a year ago to 2 billion rupees, while cost of sales fell 10 percent to 873.6 million rupees, leading to gross profits falling 17 percent to 1.1 billion rupees.

Revenue from the leisure arm, which includes the Cinnamon Grand and the Cinnamon Lakeside, fell 14.7 percent to 1.9 billion rupees, while net profits fell 58.4 percent to 201.3 million rupees.

Revenue from the property arm was flat at 102.8 million rupees while net profits increased 20.3 percent from a year ago to 56.1 million rupees.

The balance sheet showed little change from the start of the financial year six months earlier, with total assets of 41.3 billion rupees and net assets per share of 42 rupees. (COLOMBO, 30 October 2018)
The Invisible
The Invisible

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Join date : 2016-11-28
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Asian Hotels and Properties September net down 48-pct Empty Re: Asian Hotels and Properties September net down 48-pct

Post by dhanurrox on Wed Oct 31, 2018 2:50 pm

NP got two blocks at 35 rupees recently

dhanurrox

Posts : 514
Join date : 2014-03-27

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Asian Hotels and Properties September net down 48-pct Empty Re: Asian Hotels and Properties September net down 48-pct

Post by serene on Thu Nov 01, 2018 8:08 am

Thanks Invi and Dhanuu.
Enhanced activities on JKH as well as its subsidiaries.

serene
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Top contributor

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Asian Hotels and Properties September net down 48-pct Empty Re: Asian Hotels and Properties September net down 48-pct

Post by Brave Heart on Thu Nov 01, 2018 8:17 am

JKH current run is purely based on strategic reasons. Otherwise the current price is very much overvalued to me. Yesterday JKH reached 150 as well.
Invi has explained this very nicely.

Brave Heart

Posts : 171
Join date : 2018-10-17

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