Hunter & Company PLC Reports Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
February 14, 2019 at 10:09 pm EST
Share
Hunter and Company PLC reported consolidated and company earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, the company reported revenue of LKR 887,195,178 against LKR 863,110,063 a year ago. Profit from operations was LKR 41,450,793 against LKR 89,754,720 a year ago. Profit for the period was LKR 19,439,377 against LKR 73,149,591 a year ago. Basic earnings per share were LKR 4.05 against LKR 12.35 a year ago.
For the period, on consolidated basis, the company reported revenue of LKR 2,347,509,570 against LKR 2,207,275,520 a year ago. Profit from operations was LKR 10,449,979 against LKR 79,971,419 a year ago. Loss for the period was LKR 52,617,738 against profit of LKR 34,466,553 a year ago. Basic loss per share were LKR 6.81 against profit of LKR 7.01 a year ago.
For the quarter, on company basis, the company reported revenue of LKR 236,513,746 against LKR 225,553,352 a year ago. Profit from operations was LKR 14,354,932 against LKR 20,764,159 a year ago. Profit for the period was LKR 9,041,218 against LKR 17,353,227 a year ago. Basic earnings per share were LKR 1.76 against LKR 3.37 a year ago.
For the period, on company basis, the company reported revenue of LKR 699,582,138 against LKR 638,660,174 a year ago. Profit from operations was LKR 58,158,330 against LKR 75,895,781 a year ago. Profit for the period was LKR 42,932,609 against of LKR 65,629,134 a year ago. Basic earnings per share were LKR 8.34 against LKR 12.76 a year ago.
Hunter & Company PLC is a Sri Lanka-based company, which is an importer and distributor of home and garden products, industrial and light engineering products and bicycles in Sri Lanka. The Company specializes in home appliances, garden tools and industrial and light engineering products. Its home appliances products include filter hood, oven, iron boards, washing machine, brush, grater, knives, peeler, oven thermometer, sink strainer, timer, baking tin, whisk, cloth pegs, fans, and others. Its garden tools include sprayer, trowel, secateur, hedge shear, lopping shear, cultivator, weeder, fork, flower shear, transplanter, broom, rake, hose fittings, telescopic handle, hose, lawn edging and others. With a dealer network and 12 showrooms spread across the island, as well as a duty-free operation in the BIA airport, it ensures that its customers have easy access to its products. The Company also caters to the online market through its online sales channels.