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» "පියසේනට දැං සනීපයි..."
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyToday at 9:22 pm by serene

» Thread for News on CSE and SL Economy
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyToday at 7:18 pm by NIRMALSG

» Dividend Announcement
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyToday at 9:56 am by Rana

» විද්‍යාව මිස්ගේ පාඩම...
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyToday at 7:27 am by sanjulanka

» Trading Journal
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyYesterday at 11:50 pm by pathfinder

» වචන නම් අපේ ඒත් තනුව ?????????
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyYesterday at 8:08 pm by Rana

» Access Engineering AEL Technical Analysis
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jul 15, 2019 3:07 pm by NIRMALSG

» Tourism sector
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jul 14, 2019 8:57 am by NIRMALSG

» Cricket, meet Capitalism
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jul 12, 2019 1:24 pm by කිත්සිරි ද සිල්වා

» LFIN - LB Finance
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jul 11, 2019 11:27 am by Ethical Trader

» අපි නොදන්න චෙස් කිව්වලු !
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyTue Jul 09, 2019 6:25 pm by serene

» Stock Market to stay Bullish
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jul 08, 2019 7:51 am by කිත්සිරි ද සිල්වා

» Is an emoji a word or a gesture?
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jul 08, 2019 7:46 am by කිත්සිරි ද සිල්වා

»  Rajgama Heroes !
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jul 08, 2019 7:39 am by කිත්සිරි ද සිල්වා

» HHL.N0000 ( Hemas Holdings PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jul 07, 2019 12:25 pm by dhanurrox

» Checkmate, meatbags !
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jul 07, 2019 7:20 am by spw19721

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySat Jul 06, 2019 8:13 am by කිත්සිරි ද සිල්වා

» සංචාරක පැමිණීම ක්‍රමයෙන් යහපත් වන ලකුණු
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jul 05, 2019 6:11 pm by serene

» SAMP.N0000 (SAMPATH BANK PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jul 04, 2019 8:55 am by serene

» Easter Sunday Attack and Sri Lanka
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jul 04, 2019 8:46 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyWed Jul 03, 2019 10:07 pm by ruwan326

» First capital holdings
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyWed Jul 03, 2019 1:37 pm by serene

» What to Analyse
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jul 01, 2019 11:33 am by serene

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 28, 2019 2:11 pm by Ethical Trader

» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 28, 2019 7:46 am by serene

» AAIC.N0000
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 28, 2019 7:33 am by serene

» SERV - The Kingsbury
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 27, 2019 8:27 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyWed Jun 26, 2019 2:22 pm by nuwanmja

» Life After Google
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jun 23, 2019 9:14 pm by hammurabi

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» Happy Father's Day !
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» Should CSE be like this? Whose FAULT is it?
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

» CCS.N0000 ( Ceylon Cold Stores)
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyTue Jun 11, 2019 9:15 pm by ruwan326

» MCPL.N0000
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptySun Jun 09, 2019 12:15 pm by ruwan326

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
THE FORTRESS RESORTS PLC (RHTL.N0000) EmptyFri Jun 07, 2019 5:42 am by stockback

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THE FORTRESS RESORTS PLC (RHTL.N0000)

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THE FORTRESS RESORTS PLC (RHTL.N0000) Empty THE FORTRESS RESORTS PLC (RHTL.N0000)

Post by yellow knife on Fri Jun 16, 2017 5:54 pm

Fortress resorts shows slowing down in revenue as well as in PAT.

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THE FORTRESS RESORTS PLC (RHTL.N0000) Empty Re: THE FORTRESS RESORTS PLC (RHTL.N0000)

Post by yellow knife on Fri Jun 16, 2017 5:56 pm

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THE FORTRESS RESORTS PLC (RHTL.N0000) Empty Re: THE FORTRESS RESORTS PLC (RHTL.N0000)

Post by yellow knife on Fri Jun 16, 2017 5:57 pm

Net assets level has been growing slowly...

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THE FORTRESS RESORTS PLC (RHTL.N0000) Empty Re: THE FORTRESS RESORTS PLC (RHTL.N0000)

Post by spw19721 on Sun Jun 18, 2017 1:15 pm

Thanks yellow Knife.. descriptive update..
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THE FORTRESS RESORTS PLC (RHTL.N0000) Empty Re: THE FORTRESS RESORTS PLC (RHTL.N0000)

Post by yellow knife on Mon Jun 19, 2017 7:20 am

Well the reason for the down trend in revenue and profit is identified by the management and as stated in the annual report...
 " Rise in Fierce Competition from the new entrants..."
  and tourists getting attracted to Eastern Province..

Company is investing heavily in refurbishments and plan to start up another similar resort in Mirissa with 66 room capacity.

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