Tuesday, August 10, 2021

Royal Ceramics reports Rs. 1.3 bn earnings for 1QFY22

Colombo bourse witnessed a profit taking yesterday amidst recording a healthy turnover level on mixed investor participation.

Thus, the All Share Price Index decreased by 30.5 points (-0.4%) to close at 8,070.9whilst the S&P SL20 Index declined by 6.8 points (-0.2%) to close the day at 3,032.2.

Meanwhile, Royal Ceramics reported its 1QFY22 earnings of LKR 1.3 Bn (+>100% YoY), Robust YoY earnings growth was mainly backed by the lower base seen in 1Q’21 – due to island-wide lockdowns imposed in the comparative quarter. 

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