Renuka Foods plc Reports Unaudited Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended September 30, 2018
November 08, 2018 at 10:16 pm
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Renuka Foods PLC reported unaudited consolidated and company earnings results for the second quarter and six months ended September 30, 2018. For the quarter, on consolidated basis, the company reported revenue of LKR 2,282,877,000 against LKR 1,995,244,000 a year ago. Profit from operations was LKR 204,743,000 against LKR 169,941,000 a year ago. Profit before taxation was LKR 149,740,000 against LKR 153,925,000 a year ago. Profit attributable to owners of the company was LKR 86,187,000 against LKR 86,781,000 a year ago. Profit was LKR 121,935,000 against LKR 133,121,000 a year ago. EPS was LKR 0.70 per share against LKR 0.71 per share a year ago.
For the six months, on consolidated basis, revenue of LKR 4,167,720,000 against LKR 3,769,116,000 a year ago. Profit from operations was LKR 320,078,000 against LKR 261,852,000 a year ago. Profit before taxation was LKR 243,264,000 against LKR 216,412,000 a year ago. Profit attributable to owners of the company was LKR 143,671,000 against LKR 127,116,000 a year ago. Profit was LKR 200,942,000 against LKR 194,116,000 a year ago. EPS was LKR 1.71 per share against LKR 1.04 per share a year ago.
For the quarter, on company basis, the company reported loss from operations was LKR 2,030,000 against profit of LKR 37,246,000 a year ago. Loss before taxation was LKR 2,056,000 against profit of LKR 35,200,000 a year ago. Loss attributable to owners of the company was was LKR 2,056,000 against profit of LKR 35,200,000 a year ago. Loss was LKR 2,056,000 against profit of LKR 35,200,000 a year ago. LPS was LKR 0.02 per share against earnings of LKR 0.29 per share a year ago.
For the six months, on company basis, the company reported loss from operations was LKR 3,024,000 against profit of LKR 56,541,000 a year ago. Loss before taxation was LKR 2,750,000 against profit of LKR 52,298,000 a year ago. Loss attributable to owners of the company was LKR 2,750,000 against profit of LKR 52,298,000 a year ago Loss was LKR 2,750,000 against profit of LKR 52,298,000 a year ago. LPS was LKR 0.02 per share against earnings of LKR 0.43 per share a year ago.
Renuka Foods PLC is a Sri Lanka-based food and beverages company that owns, directly or indirectly, investments engaged in Agri Business and fast-moving consumer goods (FMCG) companies. The Company's segments include Agri Food Exports and Consumer Brands. The Agri Food Exports segment is engaged in the manufacture and export of Agri based products. The Consumer Brands segment is engaged in the manufacturing and distribution of consumer brands. Its product categories include Coconut, Canned Fish, Dairy, Culinary, Snacks and Confectionary, Tea and Tisanes, Fruit Beverage, and Baking. Its products include Coconut Milk Powder, Creamed Coconut, Coconut Spread, Virgin Coconut Oil, Coconut Flour, Sweetened Cream of Coconut, Coconut Milk Drinks, Coconut Water, Organic Coconut, Jack Mackerel, Mackerel, Tuna Chunks, Tuna Spreads, Fresh Milk, Iced coffee, Soya meat curry Flavor, Soya meat - Chicken Flavor, Snack Bars, Potato Cracker, French Fries, Drink Mix Powders, Coloring and Bubblegum.