Lanka IOC Q3 net up 72.5 pctFebruary 20, 2014 12:35 pm Print this article
COLOMBO, (Reuters) – Group results for Lanka IOC PLC, the Sri Lankan arm of Indian Oil Corp, for the three months ended Dec. 31, released recently. (in millions of rupees unless otherwise stated):
NOTE – Results are provisional and unaudited.
- Foreign investors and funds hold 77 percent of the tota issued shares in the company, which has a market cap of 20.24 billion Sri Lankan rupees ($154.80 million) and accounts for 0.79 percent of the total market capitalisation of the stock exchange, latest bourse data showed.
- The parent, Indian Oil Corp, holds 75.12 percent of the shares in its Sri Lankan arm.
- Shares in Lanka IOC have gained 35.1 percent in the December quarter and 19.3 percent so far this year.