Millennium Housing records Rs.169 mn first half profit

Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading township developer, announced their outstanding financial performance for the H1 ending 30th September 2017 posting all-time high H1 revenue of Rs.1378.25 million with a PAT of Rs.168.89 million. 

When compared to H1 performance of last financial year, the company has grown by Rs.794.19 million in top line and Rs.101.85 million in profit.

“We are extremely pleased with MHDL’s H1 performance and we are confident that this performance will be continued for the rest of the financial year. Our outstanding business performance affirms a promising future for all stake holders as we continue to offer affordable luxury for all our customers who seek progressive lifestyles,” said Harshith Dharmadasa Chairman, Millennium Housing Developers PLC.