Re: REXP.N0000 (Richard Pieris Exports PLC)

[yellow knifeTop contributor]

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[කිත්සිරි ද සිල්වාTop contributor]

Richard Pieris Exports
REXP.N0000
Share Price   7 Day       1 Year
           392 -2.0% 67.1%

First-quarter 2022 earnings released: EPS LK₨12.62 (vs LK₨6.05 in 1Q 2021).

The company reported a strong first-quarter result with improved earnings, revenues and profit margins.

First quarter 2022 results:
Revenue: LK₨1.40b (up 60% from 1Q 2021).
Net income: LK₨140.9m (up 109% from 1Q 2021).
Profit margin: 10% (up from 7.7% in 1Q 2021). 

The increase in margin was driven by higher revenue.
Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.

[කිත්සිරි ද සිල්වාTop contributor]

Richard Pieris Exports

REXP.N0000

Share Price 7 Day 1 Year 500.75 20.6% 100.6% Investor sentiment improved over the past week After last week's 21% share price gain to LK₨501, the stock trades at a trailing P/E ratio of 7.9x. ·  Average trailing P/E is 8x in the Chemicals industry in Sri Lanka. ·  Total returns to shareholders of 293% over the past three years.

[chutiputhaTop contributor]

As far as Rate hike of Shipping , the business set to new territory where all Export companies benefited,  Expo all highlighted well. but REXP still there.

[කිත්සිරි ද සිල්වාTop contributor]

EXPO hype will not last much beyond the end of Toyota (unless dark force still wants to manipulate data to put fear into peoples minds but I see a change in the trend in some parts of the world).