Harischandra Mills PLC Reports Group and Company Third Quarter and Nine Months Ended December 31, 2018
February 14, 2019 at 06:11 am EST
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Harischandra Mills PLC reported group and company third quarter and nine months ended December 31, 2018. For the quarter, on group basis the company reported revenue of LKR 976,064,000 compared to LKR 842,588,000 a year ago. Result from operating activities was LKR 62,415,000 compared to LKR 54,949,000 a year ago. Profit after taxation attributable to shareholders of the company was LKR 50,522,000 compared to LKR 39,725,000 a year ago. Basic earnings per share was LKR 26.32 compared to LKR 20.69 a year ago.
For the nine months, on group basis the company reported revenue of LKR 2,701,556,000 compared to LKR 2,319,209,000 a year ago. Result from operating activities was LKR 178,836,000 compared to LKR 115,946,000 a year ago. Profit after taxation attributable to shareholders of the company was LKR 144,546,000 compared to LKR 88,700,000 a year ago. Basic earnings per share was LKR 75.30 compared to LKR 46.21 a year ago.
For the quarter, on company basis the company reported revenue of LKR 976,064,000 compared to LKR 842,588,000 a year ago. Result from operating activities was LKR 62,453,000 compared to LKR 54,988,000 a year ago. Profit after taxation attributable to shareholders of the company was LKR 50,549,000 compared to LKR 39,833,000 a year ago. Basic earnings per share was LKR 26.33 compared to LKR 20.75 a year ago.
For the nine months, on company basis the company reported revenue of LKR 2,701,556,000 compared to LKR 2,319,209,000 a year ago. Result from operating activities was LKR 245,209,000 compared to LKR 185,286,000 a year ago. Profit after taxation attributable to shareholders of the company was LKR 189,097,000 compared to LKR 131,821,000 a year ago. Basic earnings per share was LKR 98.51 compared to LKR 68.67 a year ago.
Harischandra Mills PLC is a Sri Lanka-based company that is engaged in the manufacturing and distributing food, soap items and sales of fuel and lubricants. The Company manufactures food products, which includes coffee, noodles, papadam, and range of flour-based products. Its soap products include laundry and toilet soaps. The Company's fuel and lubricants business is engaged in buying and selling petrol, diesel, kerosine oil, and other lubricants through operating of filling station. Its chutney products include pineapple chutney, tamarind chutney, and date and lime chutney. Its flour products include red rice string hopper flour, white rice string hopper flour, Ulundu flour, rice flour, and kurakkan flour. The Company's instant products include pittu and roti mixture, red rice string hopper flour, white rice string hopper flour, hopper mixture and kurakkan thosai mixture. Its products also include coconut vinegar, gingerly rolls, pastes, pickles, sambols, soya sauce, and spices.