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» TPL.N0000 (TALAWAKALE PLANTATIONS )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyToday at 12:08 pm by yellow knife

» Dividend Announcement
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyToday at 10:08 am by Rana

» Life After Google
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyYesterday at 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyYesterday at 6:37 am by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 24, 2019 11:09 pm by hariesha

» Future of Tea Industry
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» Access Engineering AEL Technical Analysis
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 24, 2019 4:34 am by NIRMALSG

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 23, 2019 9:14 pm by hammurabi

» Thread for News on CSE and SL Economy
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 23, 2019 8:52 pm by NIRMALSG

»  Rajgama heroes !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySat Jun 22, 2019 9:44 pm by spw19721

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» First capital holdings
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 20, 2019 5:57 pm by serene

» Happy Father's Day !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» අනං මනං! #/+?.<>
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 13, 2019 8:07 am by ruwan326

» Should CSE be like this? Whose FAULT is it?
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

» CCS.N0000 ( Ceylon Cold Stores)
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue Jun 11, 2019 9:15 pm by ruwan326

» MCPL.N0000
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 09, 2019 12:15 pm by ruwan326

» Tourism sector
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 09, 2019 6:53 am by NIRMALSG

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri Jun 07, 2019 5:42 am by stockback

» Easter Sunday Attack and Sri Lanka
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu Jun 06, 2019 9:13 am by ruwan326

» In the Meantime, Within Our Shores !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyMon Jun 03, 2019 2:14 pm by කිත්සිරි ද සිල්වා

» What to Analyse
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySun Jun 02, 2019 7:11 am by Leon

» Tolerance at its Best !
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu May 30, 2019 10:50 am by Yin-Yang

» විශ‍්‍රාම ගැන්වීමේ වයස් සීමාව ඉහළ දැමීමට මහ බැංකුවෙන් යෝජනාවක්
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue May 28, 2019 8:03 am by කිත්සිරි ද සිල්වා

» සදහම් අටුවාව
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue May 28, 2019 7:07 am by ruwan326

» බැරි වෙලා වත් අනික් පැත්ත උනොත්...?
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri May 24, 2019 3:42 pm by smallville

» Sri Lanka at Cross Roads: Time to Learn, Unlearn and Relearn - Prof Rohan Gunaratna
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri May 24, 2019 3:10 pm by puliyanam

» Songs to listen
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri May 24, 2019 11:26 am by yellow knife

» Dhammika Perera non-committal on common candidate speculation
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyThu May 23, 2019 2:54 pm by කිත්සිරි ද සිල්වා

» Films - To Watch List
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed May 22, 2019 10:04 am by කිත්සිරි ද සිල්වා

» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue May 21, 2019 2:06 pm by Ethical Trader

» Presidential poll between 15 Nov-7 Dec
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue May 21, 2019 11:31 am by bjmd

» Flying is the Safest mode of Transport
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyTue May 21, 2019 7:07 am by කිත්සිරි ද සිල්වා

» My Port Folio Bleeding But Its just the Begining Of..
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptySat May 18, 2019 7:40 pm by serene

» Sri Lanka mulls 25-pct ownership limit in finance companies
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyFri May 17, 2019 2:43 pm by Backstage

» Israeli spyware breached WhatsApp security
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed May 15, 2019 7:47 am by කිත්සිරි ද සිල්වා

» Is Burka prohibted ?
GLAS.N0000 (PIRAMAL GLASS CEYLON PLC) EmptyWed May 15, 2019 7:30 am by කිත්සිරි ද සිල්වා

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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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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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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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