trending Market Intelligence /marketintelligence/en/news-insights/trending/knZ15lFrX3f8N8TdEDnPtg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Ceylon Beverage fiscal Q4 profit climbs 75.7% YOY

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Trade Payment Risk Is Not Necessarily Default Risk

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?

Ceylon Beverage fiscal Q4 profit climbs 75.7% YOY

Ceylon Beverage Holdings PLC said its normalized net income for the fiscal fourth quarter ended March 31 amounted to 18.39 Sri Lankan rupees per share, a gain of 75.9% from 10.45 rupees per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 385.7 million rupees, an increase of 75.7% from 219.5 million rupees in the prior-year period.

The normalized profit margin dropped to 3.1% from 3.7% in the year-earlier period.

Total revenue climbed 58.7% on an annual basis to 9.48 billion rupees from 5.97 billion rupees, and total operating expenses rose 68.1% on an annual basis to 8.86 billion rupees from 5.27 billion rupees.

Reported net income came to a loss of 136.6 million rupees, or a loss of 6.51 rupees per share, compared to income of 167.1 million rupees, or 7.96 rupees per share, in the year-earlier period.

For the year, the company's normalized net income totaled 48.63 rupees per share, an increase of 57.7% from 30.84 rupees per share in the prior year.

Normalized net income was 1.02 billion rupees, a gain of 57.7% from 647.3 million rupees in the prior year.

Full-year total revenue rose 25.3% on an annual basis to 32.39 billion rupees from 25.85 billion rupees, and total operating expenses rose 23.5% year over year to 29.09 billion rupees from 23.56 billion rupees.

The company said reported net income grew 24.8% on an annual basis to 658.6 million rupees, or 31.38 rupees per share, in the full year, from 527.5 million rupees, or 25.13 rupees per share.

As of June 30, US$1 was equivalent to 133.91 Sri Lankan rupees.