Renuka Foods PLC Reports Unaudited Consolidated and Company Earnings Results for the Fourth Quarter and Year Ended March 31, 2019
May 21, 2019 at 12:46 pm IST
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Renuka Foods PLC reported unaudited consolidated and company earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, on consolidated basis, the company reported revenue of LKR 2,110,500,000 against LKR 2,043,684,000 for the same period a year ago. Profit from operations was LKR 154,059,000 against loss of LKR 69,987,000 for the same period a year ago. Profit for the period was LKR 18,990,000 against loss of LKR 124,077,000 a year ago. Loss per share was LKR 0.08 against LKR 0.47 a year ago.
For the year, on consolidated basis, the company reported revenue of LKR 8,441,946,000 against LKR 7,551,205,000 for the same period a year ago. Profit from operations was LKR 702,180,000 against LKR 146,735,000 for the same period a year ago. Profit for the period was LKR 371,429,000 against loss of LKR 105,370,000 a year ago. Profit per share was LKR 1.88 against loss per share of LKR 0.76 a year ago.
For the quarter, on company basis, the company reported revenue of LKR 3,437,000 against LKR 8,001,000 for the same period a year ago. Profit from operations was LKR 1,982,000 against LKR 9,105,000 for the same period a year ago. Profit for the period was LKR 1,641,000 against LKR 7,271,000 a year ago. Profit per share was LKR 0.01 against LKR 0.06 a year ago.
For the year, on company basis, the company reported revenue of LKR 41,104,000 against LKR 68,753,000 for the same period a year ago. Profit from operations was LKR 34,405,000 against LKR 65,365,000 for the same period a year ago. Profit for the period was LKR 34,090,000 against LKR 58,102,000 a year ago. Profit per share was LKR 0.28 against LKR 0.47 a year ago.
Renuka Foods PLC is a Sri Lanka-based food and beverages company that owns, directly or indirectly, investments engaged in Agri Business and fast-moving consumer goods (FMCG) companies. The Company's segments include Agri Food Exports and Consumer Brands. The Agri Food Exports segment is engaged in the manufacture and export of Agri based products. The Consumer Brands segment is engaged in the manufacturing and distribution of consumer brands. Its product categories include Coconut, Canned Fish, Dairy, Culinary, Snacks and Confectionary, Tea and Tisanes, Fruit Beverage, and Baking. Its products include Coconut Milk Powder, Creamed Coconut, Coconut Spread, Virgin Coconut Oil, Coconut Flour, Sweetened Cream of Coconut, Coconut Milk Drinks, Coconut Water, Organic Coconut, Jack Mackerel, Mackerel, Tuna Chunks, Tuna Spreads, Fresh Milk, Iced coffee, Soya meat curry Flavor, Soya meat - Chicken Flavor, Snack Bars, Potato Cracker, French Fries, Drink Mix Powders, Coloring and Bubblegum.