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Keells Food Products sees FY15 profit surging to Rs.261 mn

22 May 2015 04:06 am - 0     - {{hitsCtrl.values.hits}}

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Keells Food Products PLC, the processed meat industry leader in the country, saw its profit surging exponentially for FY15 amid higher top line growth.
The company reported a net profit of Rs.261 million for the full year under review against net profit of Rs.467, 000 a year ago. The earnings improved to Rs.10.25 per share from 2 cents. The revenue for the year rose 15 percent yoy to Rs2.61 billion with cost of sales increasing at a lesser pace of 5 percent yoy to Rs.1.87 billion. The gross profit stood at Rs.743 million, up 48 percent.
The company reported an operating profit of Rs.338.3 million against an operating loss of the Rs.33.5 million in the previous year amid the absence of one-off expenses.

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Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

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