Dankotuwa Porcelain : Errata to the Interim Financial Statements as of 30-09-2022
October 31, 2022 at 02:40 am EDT
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Unaudited Financial Statements
For the Six Months ended 30 September 2022
The information contained in these statements have been extracted from the unaudited financial statements of the Company unless indicated as audited.
CORPORATE INFORMATION
Domicile & Legal Form Dankotuwa Porcelain PLC is a Public Quoted Company with limited liability, incorporated under provisions of the Companies Act No. 17 of 1982 (Registered as a Private Limited Company in
Sri Lanka on 06 January 1984 and converted to a Public Company by a special resolution on 08 July 1994). Re-registered under the Companies Act No. 07 of 2007.
Quoted on the Colombo Stock Exchange on the 21 February 1995.
Principal Activity & Nature
Manufacturing and Marketing of Porcelain Tableware Targeted to export and domestic markets
of the Company
Company Reg. No.
PQ 79
Board of Directors
Mr. Y Kanagasabai
-
Chairman
Mr. R P Pathirana
-
Deputy Chairman
Mr. R T Devasurendra
-
Director
Mr. R P Peris
-
Director
Mr. N S Wijesekara
-
Director
Mr. C S Karunasena
-
Director
Dr. K S Narangoda
-
Director
Secretaries
NEXIA CORPORATE CONSULTANTS (PRIVATE) LIMITED
181, Nawala Road, Narahenpita.
Registrars
S S P CORPORATE SERVICES (PRIVATE) LIMITED
101, Inner Flower Road,
Colombo 3
Auditors
ERNST & YOUNG
Chartered Accountants, No. 201, De Saram Place, Colombo 10.
Australia, Greece, Germany, India, Italy, Japan, Kenya, Kuwait, Maldives,
Moldova, Norway, Oman, Singapore, South Africa, Spain, Sweden, UK, USA,
Uzbekistan and UAE
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DANKOTUWA PORCELAIN PLC
STATEMENT OF PROFIT OR LOSS
GROUP
COMPANY
For the Period Ended 30th September,
2022
2021
% Change
2022
2021
% Change
Un-Audited
Un-Audited
Un-Audited
Un-Audited
LKR '000
LKR'000
LKR'000
LKR'000
Revenue
2,840,935
1,623,271
75%
1,642,825
1,071,042
53%
Cost of Sales
(1,627,258)
(1,047,012)
55%
(821,375)
(635,030)
29%
Gross Profit
1,213,677
576,259
111%
821,450
436,012
88%
Other Income
11,253
9,099
24%
8,460
6,159
37%
Selling and Distribution Expenses
(315,453)
(220,794)
43%
(234,934)
(171,010)
37%
Administrative Expenses
(140,541)
(159,476)
-12%
(90,981)
(87,522)
4%
Finance Income
9,290
8,488
9%
8,976
8,305
8%
Finance Cost
(143,120)
(56,698)
152%
(54,948)
(34,391)
60%
Profit /(Loss) Before Tax
635,107
156,878
305%
458,023
157,554
191%
Income /Differed Tax ( Expense)/ Reversal
(111,681)
(25,897)
331%
(78,844)
(27,389)
188%
Profit/(Loss) for the period
300%
191%
523,425
130,981
379,179
130,165
Profit Attributable to:
Equity Holders of the Company
517,208
130,945
295%
Non - Controlling Interests
6,217
36
17169%
523,425
130,981
-
Earnings/(Loss) per share
Basic
3.18
0.81
295%
2.33
0.80
191%
The Notes on pages 10 to 12 form an integral part of these Financial Statements.
Figures in bracket indicate deductions
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Dankotuwa Porcelain plc published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 06:38:54 UTC.
Dankotuwa Porcelain PLC is engaged in manufacturing and marketing of porcelain tableware, targeted to export and domestic markets. The Company divides its products among four categories namely: giftware, dinnerware, drinkware, and hotel collections. The giftware product category includes corporate gifting, anniversary, birthday, housewarming, weddings, candles, kids, and other gift items. The dinnerware products include dinner & tea set, dinner set, casseroles, trays, bowls, plates & platters, and color ware. The drinkware products include tea set, jugs, creamers, sugar bowls, pots - tea / coffee, teacup & saucer, mugs, and color ware. The hotel collection product category includes whiteware range: aurora, contour, duo, simply square, vessel, petals, classical, opus, plus, profile, tavola, and square and color range: speckled, spiral, and reactive glaze. Its subsidiaries include Royal Fernwood Porcelain Limited, Lanka Decals (Private) Limited, and Fernwood Lanka (Private) Limited.