Abans Electricals PLC Reports Earnings Results for the Fourth Quarter and Year Ended March 31, 2019
Abans Electricals PLC reported earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, the company reported turnover of LKR 703,291,497 against LKR 742,748,395 a year ago. Profit for the year was LKR 40,988,068 or LKR 8.02 per basic and diluted share against loss of LKR 14,131,687 or LKR 2.77 per basic and diluted share a year ago.
For the year, the company reported turnover of LKR 2,870,557,754 against LKR 3,492,566,499 a year ago. Profit for the year was LKR 74,344,283 or LKR 14.55 per basic and diluted share against LKR 43,700,771 or LKR 8.55 per basic and diluted share a year ago.