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).

[කිත්සිරි ද සිල්වාTop contributor]

Richard Pieris Exports

REXP.N0000

Share Price 7 Day 1 Year 476.5 -1.1% 64.1% Second-quarter 2022 earnings released The company reported a soft second-quarter result with weaker earnings and profit margins, although revenues improved. Second-quarter 2022 results: ·   Revenue: LK₨1.75b (up 5.9% from 2Q 2021). ·   Net income: LK₨172.3m (down 18% from 2Q 2021). ·   Profit margin: 9.8% (down from 13% in 2Q 2021). ·   The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.

[yellow knifeTop contributor]

2020/21

First of all I apologize from you for not being able to correct the time line of the Chars. Yet the message will be clear as this was the earlier format I used now I find it difficult to change. 

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It seems the company has reached maturity in its Revenue. Matured companies become very good Dividend Payers. However since its a manufacturing company it may take efforts to further increase the Revenue. Dividend Payout Ration remains at 44%.


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[yellow knifeTop contributor]

Net Assets of the company shows the quality of management. 

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[yellow knifeTop contributor]

ROE of the company.

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[yellow knifeTop contributor]

Market Price and the Net Assets of the company. 

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[කිත්සිරි ද සිල්වාTop contributor]

I Hope, soon a very healthy dividend will be announced. 

[කිත්සිරි ද සිල්වාTop contributor]

Richard Pieris Exports
REXP.N0000

Share Price 7 Day 1 Year  
725        -6.8%          95.9%  

 
Third-quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Third-quarter 2022 results:

EPS: LK₨13.27 (down from LK₨15.33 in 3Q 2021).

Revenue: LK₨1.78b (up 20% from 3Q 2021).

Net income: LK₨148.2m (down 13% from 3Q 2021).

Profit margin: 8.3% (down from 12% in 3Q 2021). 

The decrease in margin was driven by higher expenses.

Revenue was in line with analyst estimates.

Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.

[කිත්සිරි ද සිල්වාTop contributor]

REXP.N0000

Share Price 7 Day 1 Year  
590.75        -10.4% 24.6%

 
Second quarter 2023 earnings released: EPS: LK₨27.21 (vs LK₨15.43 in 2Q 2022).

Second quarter 2023 results:

EPS: LK₨27.21 (up from LK₨15.43 in 2Q 2022).

Revenue: LK₨2.66b (up 52% from 2Q 2022).

Net income: LK₨303.8m (up 76% from 2Q 2022).

Profit margin: 11% (up from 9.8% in 2Q 2022). The increase in margin was driven by higher revenue.

Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging behind earnings growth.