Kandy Hotels Company PLC Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For the nine months, the company reported profit from operations of LKR 133,861,000, profit before taxation of LKR 133,476,000 and net profit of LKR 118,040,000 or LKR 0.20 per basic share on revenue of LKR 343,285,000 compared to profit from operations of LKR 52,972,000, profit before taxation of LKR 52,095,000 and net profit of LKR 43,851,000 or LKR 0.08 per basic share on revenue of LKR 249,276,000 reported a year ago. Net cash flow from operating activities was LKR 34,575,000 compared to LKR 28,025,000 reported a year ago. Acquisition of property, plant & equipment was LKR 14,646,000 compared to LKR 5,689,000 reported a year ago.