Bukit Darah PLC Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 13, 2021
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Bukit Darah PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 32,676.200 million compared to LKR 27,668.556 million a year ago. Operating income was LKR 6,839.247 million compared to LKR 3,450.139 million a year ago. Net income was LKR 1,580.598 million compared to LKR 22.247 million a year ago. Basic earnings per share from continuing operations was LKR 15.54 compared to LKR 0.39 a year ago. Diluted earnings per share from continuing operations was LKR 15.41 compared to LKR 0.15 a year ago. For the nine months, sales was LKR 81,245.806 million compared to LKR 79,641.414 million a year ago. Operating income was LKR 16,264.515 million compared to LKR 9,277.688 million a year ago. Net income was LKR 3,145.887 million compared to net loss of LKR 98.753 million a year ago. Basic earnings per share from continuing operations was LKR 30.22 compared to basic loss per share from continuing operations of LKR 0.42 a year ago. Diluted earnings per share from continuing operations was LKR 30.76 compared to diluted loss per share from continuing operations of LKR 1.04 a year ago.
Bukit Darah PLC is a Sri Lanka-based holding company. Its segments include Investment Holdings, Portfolio and Asset Management, Oil Palm Plantations, Oils and Fats, Beverage, Beverage, Real Estate, Leisure, and Management Services. Investment Holdings segment is engaged in holding of strategic investments. Portfolio and Asset Management segment is engaged in investment and management of listed, private equity, and unit trust investments. Oil Palm Plantations segment is engaged in production and sale of palm oil, palm kernel and fresh fruit bunches. Oils & Fats segment is engaged in manufacturing, marketing, and selling of refined oils and specialty fats to the bakery, chocolate and confectionery, ice creams and creamer industries and cooking oil products to end consumers. Beverage segment is engaged in the production and sale of beer, import and distribution of alcoholic beverages. Real Estate is engaged in Letting office and warehouse premises on rent for commercial purposes.