Distilleries Company of Sri Lanka PLC Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 30, 2018
February 13, 2019 at 08:38 pm IST
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Distilleries Company of Sri Lanka PLC reported unaudited earnings results for the third quarter and nine months ended December 30, 2018. For quarter, the company reported net revenue was LKR 7,047,688,000 against LKR 7,319,128,000 a year ago. Profit from operations was LKR 2,185,515,000 against LKR 1,963,740,000 a year ago. Profit for the period was LKR 1,286,735,000 against LKR 1,079,659,000 a year ago. Basic earnings per share were LKR 0.28 against LKR 3.60 a year ago.
For nine months, the company reported net revenue was LKR 20,151,743,000 against LKR 21,019,556,000 a year ago. Profit from operations was LKR 6,146,511,000 against LKR 4,727,531,000 a year ago. Profit for the period was LKR 3,553,243,000 against LKR 2,582,340,000 a year ago. Basic earnings per share were LKR 0.77 against LKR 8.61a year ago.
Distilleries Company of Sri Lanka PLC is a Sri Lanka-based company engaged in distillation, manufacture and distribution of liquor products. The Company's products include Extra Special Arrack, Coconut Arrack, Very Special Old Arrack, Old Arrack, Double Distilled Arrack, Pure Coconut Sri Lanka Arrack, Special Arrack, Extra Special Arrack, White Label Arrack, Blue Label Arrack, Narikela, Grand Chais De France, Buronga Hill, Wincarnis - Tonic Wine, Passion Pop, Cape Dreams, Dona Paula, Somerton, Old Pulteney, Speyburn - Single Malt Scotch Whisky, Elit, Stolichnaya Vodka, Taittinger - Champagne, Agavita - Tequila, White Rum, Till Sider Whisky, House Of Tilbury Whisky, Black Opal Arrack, Petroff Vodka, Triple Blue, Galerie Brandy, Franklin Brandy, and others. The Company's subsidiaries include Ambewela Products (Private) Limited., Balangoda Plantations PLC, Continental Insurance Lanka Limited, Lanka Bell Limited, Bellvantage (Private) Limited, Melstacorp PLC, and Madulsima Plantations PLC.