Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» FLCH , BIL
by anushka25 Yesterday at 10:18 pm

» expo.. @4.00
by TuTanKaman Yesterday at 9:28 pm

» How to pick winning stocks by analysis not through predictions and gossip news-1
by ruwan326 Yesterday at 8:24 pm

» LDEV GEARING UP
by ruwan326 Yesterday at 8:06 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:00 pm

» Monday blood bath
by ruwan326 Yesterday at 12:41 pm

» Sri Lankan shares extend gains to 2-week closing high
by ruwan326 Yesterday at 11:40 am

» MARKET CRASH - GUARANTEED
by Avon Yesterday at 8:47 am

» Free earn 120$...or above
by Uaecoindubai Yesterday at 12:01 am

» Good bye your job and earn 20-30% per month
by Uaecoindubai Sun Jul 15, 2018 10:05 pm

» John Keells Miserable Future until 2020
by DS Wijesinghe Sun Jul 15, 2018 5:32 pm

» Summary of Key Announcements during the week end 13July 2018
by ruwan326 Sun Jul 15, 2018 7:59 am

» i am new comers forum
by sssmax Fri Jul 13, 2018 10:15 pm

» Wach out for RIL
by ruwan326 Fri Jul 13, 2018 12:38 pm

» BIL & FLCH
by ruwan326 Fri Jul 13, 2018 10:26 am

» CDS Form 28
by anushka25 Thu Jul 12, 2018 9:38 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Ceylon Leather Products makes Sept quarter loss, closes export unit

Ceylon Leather Products makes Sept quarter loss, closes export unit

Go down  Message [Page 1 of 1]

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ECONOMYNEXT – Ceylon Leather Products PLC (CLPL), a unit of Sri Lanka’s Environmental Resources Investment, has announced a loss in the September 2015 quarter, with a footwear exporter it bought for 418 million rupees ceasing operations.


CLPL made a loss of 42 million rupees in the September 2015 quarter compared with a profit of 66 million rupees a year ago, according to interim accounts filed with the Colombo stock exchange. 

Sales in the quarter were up two percent to 1.9 billion rupees. 

“Palla & Company (Pvt) Ltd., a 60 percent-owned subsidiary of the company suspended its operation with effect from 31 August 2015,” a note to the accounts said.

The accounts showed that administrative expenses in the September 2015 quarter includes payment of compensation amounting to 45.6 million rupees to employees of Palla and Company (Pvt) Ltd due to the discontinuation of the business.

CLPL announced it had bought the stake in Palla & Company (Pvt) Ltd. for 418 million rupees in January 2012.


see more at : http://slbiznews.blogspot.com/2015/11/ceylon-leather-products-makes-sept.html

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum