SRI LANKA - ANOTHER FOUR PLANTATION COMPANIES REPORTS RECORD GROWTH FOR DEC QUARTER 2009

Several plantation companies listed in Colombo Stock Exchange reported improved profits for the Dec 2009 quarter. By now all the plantation companies which released results for the same period had recorded significant profit improvements. [Reasons - see our Plantation report]

Hence we advice investors to collect shares of theses companies in the event of any price decline in future.
 
    KEGALLE PLANTATIONS

     Net assets per share was Rs 58.89 as at 31/12/2009

     BOGAWANTALAWA PLANTATIONS

     Net assets value of BOGA as at 31/12/2009 was Rs16.71

     MASKELIYA & NAMUNUKULA PLANTATIONS

Net assets value of MASK was Rs 33.28 & Net assets value of NAMU as at 31/12/2009 was Rs 35.09