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» EAST WEST PROPERTIES PLC (EAST.N0000)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyToday at 11:51 am by yellow knife

» HASU.N0000 (HNB ASSURANCE PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyToday at 10:32 am by yellow knife

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyYesterday at 8:09 pm by PANTOMATH

» අසිරිමත් සුබ නව වසරකට ආසිරි !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyYesterday at 6:33 pm by hammurabi

» Thread for News on CSE and SL Economy
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 16, 2019 6:52 pm by NIRMALSG

» Dividend Announcement
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySat Apr 13, 2019 10:53 pm by nihal123

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» Thread for News on Local and Foreign Politics
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 09, 2019 11:25 am by Ethical Trader

» අනං මනං! #/+?.<>
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 08, 2019 6:07 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 05, 2019 12:36 pm by Ethical Trader

» Micro Finance
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Apr 05, 2019 7:40 am by serene

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Apr 01, 2019 5:01 am by NIRMALSG

» VONE.N0000 (VALLIBEL ONE PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Happy Birthday
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Mar 29, 2019 9:58 am by Backstage

» Re: Financial reports Q1-2019
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Mar 14, 2019 2:46 pm by yellow knife

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Mar 10, 2019 6:40 am by ruwan326

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:21 am

This is identified as an Indian company and even Norwegian Petroleum Fund has invested in this company. Manufacturing is the sector that should be developed with the assistance of Government.

Annual reports of Plantation sector as well as Manufacturing sector often state that State should do more or at least remain without doing harmful things . SL is yet to find a government it suits .

Our company continues to suffer due to the artificially controlled furnance oil prices by the Government which are still substantially higher than international level and fluctuating LPG prices. We will continue to appeal to the government and hope that domestic industries will be protected to complete globally by providing a level playing field.

P.3 2017 Annual Report

See the request of an Indian asking Local Government to protect its domestic industries...

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:22 am

Revenue and PAT of the company

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:23 am

Glass is one attractive penny stock which often trades well below Rs 10 and report good Earnings.

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:25 am

2011 was the year of bubble in CSE and many got burnt by buying at high. If someone purchased GLASS at 11 , he could not have earned anything worth while in Capital gains or dividends. This is why one has to be very careful to not to run with the herd but to his own analysis.

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:25 am

Company often paid dividends as long as it made profits.

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:26 am

Company often paid a fair amount of its Earnings as Dividends.

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by yellow knife on Fri Jul 07, 2017 7:30 am

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by කිත්සිරි ද සිල්වා on Fri Jul 07, 2017 7:49 am

Thanks YK.

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by Ethical Trader on Fri Jul 07, 2017 12:57 pm

Thanks YK.
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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by spw19721 on Sun Jul 09, 2017 4:34 am

many Thanks..
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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Interim Financial Statements as at 30-06-2017

Post by Rana on Tue Jul 25, 2017 5:44 pm

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by කිත්සිරි ද සිල්වා on Tue Jul 25, 2017 6:11 pm

Thanks Rana.
(Indians kill the interest for this share by jacking up / inflating the Administrative costs every year).

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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by The Invisible on Tue Jul 25, 2017 7:47 pm

Interesting observations. Revenue decline for June quarter by 15% YoY but gross profit improved by 15% YoY. Clear sign on improved efficiency/productivity. Only issue is the increased interest cost due to close to Rs1.5Bn increase in borrowings. Interesting to see how they can repay this and depending on the repayment the finance cost can come down.
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GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) Empty Re: GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)

Post by ruwan326 on Sun Mar 10, 2019 6:40 am

Sri Lanka examine market pricing furnace oil for industry: official

Mar 09, 2019

Sri Lanka will look into the possibility of market pricing furnace oil, which is a key ingredient of export industry, an official said.

Advisor to Finance Ministry Deshal de Mel told Eco said the government would look in to the possibility of bringing furnace oil in to a price formula.

Though petrol and diesel is market priced, furnace oil is not.

Furnace oil, which is a mostly sold to business-to-business and the state-run Ceylon Electricity Board has been kept at a price above cost in the last three years when oil prices fell.

However exporter industry which use furnace oil, like the glass industry has been facing competition from countries with cheaper energy.

Sri Lanka's rupee collapsed in 2018, due to the operation of a soft-peg with contradictory policy by the central bank as well as real effective exchange rate targeting.

This had made Ceylon Petroleum Corporation run a loss of 104 billion rupees, and forex losses of 82 billion rupees raising question why the utility is running such a large open position in foreign exchange and whether it is under coercion from sections of the state to do so.

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