Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Sri Lanka Equity Analytic
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» Sri Lanka's Sampath Bank net up 52-pct in Dec
by Harry82 Today at 6:13 am

» ALHP WILL MOVE UP SOON
by wisdom79 Yesterday at 9:25 pm

» Wiser's TA Chart Room
by wiser Yesterday at 6:20 pm

» Another ALHP Drama Staging on
by Miss-Sangeetha Yesterday at 5:56 pm

» VONE , is it time to sell or holds
by wiser Yesterday at 2:39 pm

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Yesterday at 9:05 am

» Tips For Avoiding Excessive Trading ;)
by CubedSol Sat Feb 17, 2018 2:15 am

» IMPACT OF ELECTION RESULTS - one more hour to analyse
by soileconomy Fri Feb 16, 2018 9:22 pm

» Keep Eye on RIL
by Ran49 Fri Feb 16, 2018 5:52 pm

» Risk Management !!!!!!!!!!!!!!!!!!!>>>>>>>>>>>>>>>
by wiser Fri Feb 16, 2018 3:53 pm

» GREG & TAP DISCLOSE
by wiser Fri Feb 16, 2018 2:03 pm

» SCAP - SOFT LOGIC CAPITAL
by Ran49 Fri Feb 16, 2018 7:08 am

» Thx for all...
by Uaecoindubai Thu Feb 15, 2018 7:07 pm

» Implication to CSE if UNP form a government its own??
by samaritan Thu Feb 15, 2018 4:51 pm

» A free mastercard and free 10 coins...hurry up
by Uaecoindubai Thu Feb 15, 2018 3:08 pm

» New ICO..earn 400 USD free
by Uaecoindubai Thu Feb 15, 2018 1:07 pm

» Does anyone know the website to get the stock forecast, finance and other details
by noels Wed Feb 14, 2018 8:13 pm

» Ainv and building collapse
by TuTanKaman Wed Feb 14, 2018 7:17 pm

» LIOC share future
by TuTanKaman Wed Feb 14, 2018 6:40 am

» srilankan politics
by sureshot Tue Feb 13, 2018 9:48 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Hemas Profitability drops, CEO Steven Enderby warns tough times ahead but confident of HHL future growth

Hemas Profitability drops, CEO Steven Enderby warns tough times ahead but confident of HHL future growth

Go down  Message [Page 1 of 1]

DS Wijesinghe


Manager - Equity Analytics
Manager - Equity Analytics
Soon after LLUB CEOs warning, Hemas Holdings CEO too had sounded worried about deteriorating overall macro economic conditions. This is how he starts his Q1 June 2017 report

"Hemas Holdings PLC (HHL) and its subsidiaries achieved a consolidated revenue of Rs.11.4Bn; a year-on- year (YoY) growth of 14.9%, whilst earnings were stable at Rs.694.2Mn. Our healthcare sector was the main contributor to growth during the quarter. Operating profit reached Rs.865.7Mn, a de-growth of 4.6%. The key factors that influenced the decline in profitability were subdued consumer spending resulting from increased inflation and VAT, flooding and landslides in Sri Lanka and exchange rate depreciation. In addition, headwinds faced in our Bangladesh operation and losses incurred at Leisure, Travel and Aviation (LTA) segment also impacted our profitability."

And this is how he ends the report

"We anticipate a challenging year ahead for our businesses with the recent developments in our macroeconomic context. However, we continue to position ourselves for future growth through investing in new facilities, new personal care categories and new geographies with the aim of achieving strong future growth and higher levels of revenue and profitability"

Teller

avatar
Moderator
Good CEO can understand the market risk as well as possibilities. When it comes to us We always wanted to See CSE growth but we have to issue red alerts time to time to safe guard investors. That's the reason I am highiling negatives time to time. I never expect your people to follow me but think some thing differently when I highlight. I love CSE a lot as this gave me the chance to become millionaire from a middle class family. So I don't want to downgrade it but want to safeguard newcomers , retailers always...GL

reyaz

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Thank you Teller!

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum