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

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

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

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

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 » Turnaround story at Ceylon Printers.

Turnaround story at Ceylon Printers.

Go down  Message [Page 1 of 1]

1 Turnaround story at Ceylon Printers. on Thu Nov 19, 2015 1:14 pm


Stock Trader
Something developments happening in this long dormant company. Worth watching, liquidity is the biggest issue.

See recent results, announcements and this story in the Daily News

Subsequent to new marketing drive, Ceylon Printers PLC saw a turnover for the half year at the Company level increasing by 144% over last year.
The gross profit of the Company grew by 261% over the previous year, while net profits after tax for the period reached Rs.1.4 million, compared to a loss recorded in the previous year.
Ravi Rathnasabapathy General Manager Ceylon Printers said that a full restructuring of the company to re-position it as a supplier of quality packaging equipment is underway. “Operational improvements focused on improving productivity, quality and reducing waste resulted in a significant increase in gross margins.”
He said that one of the key reasons for this improved performance has to be attributed to the new management team is in place. “Ongoing operational restructuring to improve productivity, reduce waste and improve quality too has contributed to increase profits.”
“A new marketing drive is now in progress to improve sales focusing on the packaging segment.” 

Previously they announced a rights issue, which was a first for the group, as far as anyone knows.

Back to top  Message [Page 1 of 1]

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