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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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    Vidullanka - Earnings Update - 04 Nov 2015- Asia Securities

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    CSE.SAS


    Posts : 263
    Join date : 2014-02-23

    Vidullanka - Earnings Update - 04 Nov 2015- Asia Securities Empty Vidullanka - Earnings Update - 04 Nov 2015- Asia Securities

    Post by CSE.SAS Fri Nov 06, 2015 8:26 pm

    Click the below link to download the Report of Vidullanka - Earnings Update - 04 Nov 2015- Asia Securities

    [You must be registered and logged in to see this link.]


    VLL - 2Q FY16 – Seasonal Shift; we maintain our HOLD call with a target price of LKR 7.00
    • Net profit decreased 39.3% YoY to LKR 86mn in 2Q FY16
    • Increase administrative expences partly impacted the bottomline
    • Peak power generation likely to be shifting from 2Q to 3Q
    • Full consolidation of Lower Kotmale will add to the growth in 3Q
    • VLL to double the stake in Lower Kotmale
    • Further invested LKR 22mn in Muvumbe project in Uganda

      Current date/time is Fri Nov 08, 2024 12:37 pm