Sri Lanka Equity Research
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Sri Lanka's Royal Ceramics group

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Sri Lanka's Royal Ceramics group Empty Sri Lanka's Royal Ceramics group

Post  vasu Sun Jan 22, 2012 12:07 pm

Sri Lanka's Royal Ceramics group, a tile and bathware maker said net profits for the December 2012 quarter rose 44.2 percent to 595 million rupees from a year earlier, with gross revenues growing 27 percent to 2.3 billion rupees.

The group reported earnings of 5.38 rupees for the quarter.

therefore Annualized earning Rs 5.38 x 4 =Rs 21.52
price must pass Rs 200.00 within this year.

vasu

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