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Sri Lanka Equity Forum » Stock Market Talk » LGL Interim Results

LGL Interim Results

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1 LGL Interim Results on Fri Nov 11, 2016 7:17 pm

ifenny

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Senior Equity Analytic
Senior Equity Analytic
In LGL recent financial statement, chairmen's message has mentioned "The company’s operating profit for the second quarter improved to Rs 577 Mn in comparison to Rs. 298 Mn for 2015/16. However our long term investments have weighed in on the bottom line of the company giving a profit of Rs. 290 Mn in comparison to that of Rs. 208 Mn of last year"
But I'm unable to find these figures in the rest of the financial report.  Can some one help.

2 Re: LGL Interim Results on Fri Nov 11, 2016 9:34 pm

EquityChamp

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Moderator
ifenny,
Chairman is referring 'Company' income statement not 'Group' income statement. Though Company profits improved YoY the Group state of affairs are very poor declining significantly YoY.

3 Re: LGL Interim Results on Sat Nov 12, 2016 10:53 am

ifenny

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Senior Equity Analytic
Senior Equity Analytic
Thank you, EC. But isnt it misleading average investor...

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