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    EXPO.N0000   LK0381N00000

EXPOLANKA HOLDINGS PLC

(EXPO.N0000)
  Report
End-of-day quote Colombo Stock Exchange  -  2023-01-31
193.75 LKR   +4.31%
01/27Expolanka Holdings PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
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01/27Expolanka : Interim financial statement as at 31st December 2022
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01/04Sri Lankan shares end 4-day rally as industrials, energy fall
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Sri Lankan shares fall as industrials weigh

11/15/2022 | 05:35am EST

Nov 15 (Reuters) - Sri Lankan shares closed lower for second straight session on Tuesday dragged by industrial companies, while investors stayed wary after the country's central bank Governor P. Nandalal Weerasinghe and Treasury secretary Mahinda Siriwardana held a news conference to discuss the 2023 budget proposals laid out on Monday.

* At the close of trade, the CSE All-Share index fell 0.86% to 8,291.15, weighed by losses in industrial stocks.

* At the conference earlier in the day, Weerasinghe said Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy and ensure it does not return to crisis.

* "We expect relief from creditors but in order to convince them to share the pain we also have to show them that we are taking a share in the pain as well," he added.

* He reiterated the need for Sri Lanka to reform its loss-making state-owned enterprises so they stop being a burden on the banks, the government and the people.

* Treasury secretary Siriwardana said government was setting up a presidential committee to monitor and ensure timely implementation of budget proposals.

* On the CSE All-Share index on Tuesday, conglomerates Expolanka Holdings PLC and Richard Pieris & Company PLC were the top drags, falling 3.7% and 13.9%, respectively.

* Trading volume on the CSE All-Share index rose to 62 million shares from about 43.5 million in the previous session.

* The equity market's turnover was 1.58 billion Sri Lankan rupees ($4.35 million), compared with 941.1 million rupees in the previous session, according to exchange data.

* Foreign investors were net buyers in the equity market, purchasing stocks worth 156.6 million rupees, while domestic investors were net sellers, offloading shares worth 1.57 billion rupees, data showed.

* For a report on global markets, click

($1 = 363.0000 Sri Lankan rupees) (Reporting by Ashish Chandra in Bengaluru; Editing by Dhanya Ann Thoppil)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
EXPOLANKA HOLDINGS PLC 4.31% 193.75 End-of-day quote.6.31%
RICHARD PIERIS AND COMPANY PLC 0.89% 22.7 End-of-day quote.-5.81%
All news about EXPOLANKA HOLDINGS PLC
01/27Expolanka Holdings PLC Reports Earnings Results for the Third Quarter and Nine Months E..
CI
01/27Expolanka : Interim financial statement as at 31st December 2022
PU
01/04Sri Lankan shares end 4-day rally as industrials, energy fall
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01/02Sri Lankan shares end higher as industrials gain
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2022Sri Lankan shares fall as industrials weigh
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2022Sri Lankan shares end lower, govt releases 2023 budget
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2022Sri Lankan shares drop most in a month as industrials slide
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2022Sri Lankan shares rise on industrials, financials boost
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2022Sri Lankan shares fall as industrials, financials weigh
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2022Expolanka Holdings PLC Reports Earnings Results for the Second Quarter and Six Months E..
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More news
Financials
Sales 2022 694 B 1 902 M 1 902 M
Net income 2022 72 743 M 199 M 199 M
Net Debt 2022 48 505 M 133 M 133 M
P/E ratio 2022 5,58x
Yield 2022 3,94%
Capitalization 375 B 1 028 M 1 028 M
EV / Sales 2021 0,45x
EV / Sales 2022 0,65x
Nbr of Employees 3 202
Free-Float 10,9%
Chart EXPOLANKA HOLDINGS PLC
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Expolanka Holdings PLC Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 192,00
Average target price
Spread / Average Target -
Managers and Directors
Hanif Yusoof Group Chief Executive Officer & Executive Director
Mushtaq Ahamed Group Director-Finance
Hitoshi Kanahori Executive Chairman
Jagath Pathirane Chief Administration Officer
Shiran Harsha Amarasekera Independent Non-Executive Director
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