Commercial Bank Plc reports Y-o-Y growth in both net interest income (NII) and profit attributable to shareholders for the 9-months ended September 2012
- NII for the 9-month period ended September 2012 amounted to Rs. 16.01bn, up 19% compared to Rs. 13.40bn in the same period last year.
- Profit attributable to shareholders for the 9-month period ending September 2012 increased 25% to Rs. 7.62bn compared to Rs. 6.11bn in the corresponding period last year. The growth over the period was facilitated by Foreign exchange gains (up 181% Y-o-Y to Rs. 4.10bn compared to Rs. 1.46bn in the same period last year).
- NII in Q3 2012 increased 21% (Y-o-Y) to Rs. 5.55bn from Rs. 4.58bn in Q3 2011.
- Profit attributable to shareholders grew 12% (Y-o-Y) from Rs. 2.06bn in Q3 2011 to Rs. 2.30bn in Q3 2012.
Indicator
|
COMB
|
Sector
|
Price (at 07/11/12)
|
103.80
|
n.a
|
P/BV
|
1.7x
|
1.7x
|
Trailing PER
|
9.0x
|
11.5x
|
Book Value Per Share
|
61.47
|
n.a
|
· Nation Trust Bank Plc reports Y-o-Y growth in net interest income (NII) and profit attributable to shareholders for the 9-months ended September 2012
- NII for the 9-month period ended September 2012 grew 16% to Rs. 3.77bn from Rs. 3.25bn in the same period last year.
- Profit attributable to shareholders for the 9-month period increased Y-o-Y by 25% to Rs. 1.46bn compared to Rs. 1.17bn in the corresponding period last year.
- NII in Q3 2012 amounted to Rs. 1.39bn compared to Rs. 1.10bn in Q3 2011 representing an Y-o-Y gain of 26%.
- Profit attributable to shareholders in Q3 2012 increased 31% Y-o-Y to Rs. 566.53mn from Rs. 433.70mn in Q3 2011.
Indicator
|
MBSL
|
Sector
|
Price (at 07/11/12)
|
57.00
|
n.a
|
P/BV
|
1.4x
|
1.7x
|
Trailing PER
|
7.2x
|
11.5x
|
Book Value Per Share
|
41.57
|
n.a
|
· Ceylon Grain Elevators Plc reports 20% growth (Y-o-Y) in profit attributable to shareholders for the 9-months ended September 2012
- Revenue for the 9-months ended September 2012 amounted to Rs. 9.39bn relative to Rs. 7.56bn recorded in the same period last year (24% Y-o-Y growth).
- Profit attributable to shareholders for the 9-months ended September 2012 grew 20% (Y-o-Y) to Rs. 361.76mn from Rs. 300.68mn in the same period last year, amid a significant Y-o-Y increase in its Other Income (Rs. 464.24mn in 2012 vs. Rs. 15.30mn in 2011).
- Revenue in Q3 2012 amounted to Rs. 3.18bn, a growth of 17% (Y-o-Y) from Rs. 2.71bn recorded in Q3 2011.
- However, the Group recorded losses attributable to shareholders in Q3 2012 amounting to Rs. 34.78mn relative to a profit of Rs. 121.51mn in Q3 2011, amid escalating raw material prices world-wide and higher energy cost and utility charges.
Indicator
|
GRAN
|
Sector
|
Price (at 07/11/12)
|
59.00
|
n.a
|
P/BV
|
1.2x
|
1.6x
|
Trailing PER
|
8.3x
|
10.4x
|
Book Value Per Share
|
48.75
|
n.a
|
· Vallibel Power Erathna Plc reports Y-o-Y growth in revenue but a decline in profit attributable to shareholders in H1 2012/13
- Revenue in H1 2012/13 amounted to Rs. 367.15mn relative to Rs. 277.09mn in H1 2011/12, representing a growth of 33% (Y-o-Y).
- However, H1 2012/13 profit attributable to shareholders declined 21% (Y-o-Y) to Rs. 169.03mn from Rs. 214.45mn, amid a 77% rise (Y-o-Y) in its administrative expenses.
- Revenue in Q2 2012/13 grew 48% (Y-o-Y) to Rs. 216.77mn from Rs. 146.46mn in Q2 2011/12.
- Q2 2012/13 profit attributable to shareholders declined 6% (Y-o-Y) to Rs. 112.98mn from Rs. 120.32mn in Q2 2011/12, resulting mainly from rising administrative expenses over the quarter (139% Y-o-Y increase)
Indicator
|
VPEL
|
Sector
|
Price (at 07/11/12)
|
6.40
|
n.a
|
P/BV
|
2.4x
|
1.4x
|
Trailing PER
|
22.6x
|
11.4x
|
Book Value Per Share
|
2.71
|
n.a
|
· Aviva NDB Insurance Plc reports 26% growth in PAT but a decline in revenue for the 9-months ended September 2012
- Revenue for the 9-months ended 30th September 2012 amounted to Rs. 9.32bn relative to Rs.10.03bn in the same period last year, signifying a drop of 7% (Y-o-Y): The decline comes amid a 20% drop in gross written premiums which fell from 8.27bn last year to 6.61bn this year.
- However, PAT for the 9-month period ending September 2012 increased by 26% Y-o-Y to Rs. 266.43mn compared to Rs.210.73mn mainly due to a 35% increase in the investment and other miscellaneous income.
- Q3 2012 revenue amounted to Rs. 3.50bn, a growth of 15% (Y-o-Y) from Rs. 3.06bn recorded in Q3 2011.
- Q3 2012 PAT grew significantly by 280% (Y-o-Y) to Rs. 103.09mn from 27.12mn in Q3 2011, aided mainly by improvements in the investment income and other miscellaneous income which grew from Rs 818.03mn to 1.5bn, representing a Y-o-Y growth of 85%.
Indicator
|
CTCE
|
Sector
|
Price (at 07/11/12)
|
365.50
|
n.a
|
P/BV
|
3.1x
|
1.7x
|
Trailing PER
|
15.9x*
|
11.5x
|
Book Value Per Share
|
116.63
|
n.a
|
*Note PER for the stock extracted from Bloomberg.
· EXPO Lanka Plc reports Y-o-Y growth of 1% in profit attributable to shareholders for the 6-months ended September 2012
- Revenue for the 6-months ended September 2012 grew 35% (Y-o-Y) to Rs. 23.05bn from Rs. 17.07bn recorded in the same period last year mainly due to the growth in Freight and Logistics services which accounts for 64% to the total revenue.
- The Freight & Logistics segment grew from 9.9bn to 14.86bn, representing a growth of 50% while the travel & leisure sector (which contributes 4% to total revenue) also grew by 336% compared to the corresponding year ( Rs. 823.86mn vs. Rs.189.09mn last year).
- Profit attributable to shareholders for the 6-months ended September 2012 amounted to Rs. 586.06mn relative to Rs. 574.88mn (1% Y-o-Y growth), amid a significant rise in its finance expenses (71% Y-o-Y) and administrative expenses (55% Y-o-Y)
- Revenue in Q2 2012/13 grew 46% (Y-o-Y) to Rs. 12.65bn relative to Rs. 8.65bn in Q2 2011/12.
- Q2 2012/13 profit attributable to shareholders amounted to Rs. 299.27mn, declining 1% Y-o-Y relative to Rs. 301.34mn in Q2 2011/12.
Indicator
|
EXPO
|
Sector
|
Price (at 07/11/12)
|
7.30
|
n.a
|
P/BV
|
1.6x
|
2.2x
|
Trailing PER
|
13.4x
|
20.8x
|
Book Value Per Share
|
4.48
|
n.a
|
Source: Company reports and Acuity Research
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