Distilleries Company of Sri Lanka plc Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended March 31, 2019
May 31, 2019 at 11:07 am EDT
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Distilleries Company of Sri Lanka PLC reported unaudited earnings results for the fourth quarter and year ended March 31, 2019. For quarter, the company reported net revenue of LKR 7,563,975,000 against LKR 8,163,268,000 a year ago. Profit from operations was LKR 2,980,024,000 against LKR 3,182,080,000 a year ago. Profit for the period was LKR 1,741,335,000 against LKR 1,767,128,000 a year ago. Basic earnings per share were LKR 0.38 against LKR 0.80 a year ago.
For year, the company reported net revenue of LKR 27,715,718,000 against LKR 29,182,824,000 a year ago. Profit from operations was LKR 9,126,535,000 against LKR 7,909,611,000 a year ago. Profit for the period was LKR 5,294,578,000 against LKR 4,349,468,000 a year ago. Basic earnings per share were LKR 1.15 against LKR 5.64 a 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, White Label Arrack, Blue Label Arrack, Narikela, Grand Chais De France, Buronga Hill, Wincarnis - Tonic Wine, Passion Pop, Cape Dreams, Mud House, Dona Paula, Caminos, Somerton, Old Pulteney, Speyburn - Single Malt Scotch Whisky, Elit & Stolichnaya Vodka, Taittinger, Agavita, White/Red Rum, Till Sider Whisky, House Of Tilbury Whisky, Black Opal Arrack, Petroff Vodka, Triple Blue, Galerie Brandy, Franklin Brandy, Periceyl Mango Arrak and Periceyl Apple Arrak. The Company subsidiaries include Ambewela Products (Private) Limited., Balangoda Plantations PLC, Continental Insurance Lanka Limited, Lanka Bell Limited, Bellvantage (Private) Limited. and Madulsima Plantations PLC.