JKH sees resilience return with impressive 2Q performance Source:FT Group EBITDA up 93% to Rs. 6.4 b Pre-tax profit up 346% to Rs. 2.83 b Group’s all businesses, except for Consumer Foods and the Supermarkets, record strong growth in profitability Bottom line improves to Rs. 2.86 b from Rs. 680 m a year ago Returns to 1H profit from a loss in FY21 2Q Group revenue up 53% to Rs. 49 b 1H Group EBITDA rises four fold to Rs.11 b 1H PBT doubles to Rs. 4.14 b Declares first interim dividend of 50 cents per share John Keells Holdings Plc (JKH) yesterday announced impressive financial results, signalling its resilience has rebounded despite the prevalent COVID pandemic-related restrictions and resultant impact in the second quarter. JKH Group earnings before interest expense, tax, depreciation and amortisation (EBITDA) rose by 93% to Rs. 6.41 billion from a year earlier; 2Q Group revenue was up ...
Nov 6, 2021
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Articles, elanka Finance
Tagged COVID-19 test result, JKH Chairman Krishan Balendra, John Keells Holdings PLC, Nations Trust Bank PLC