Expolanka Holdings PLC Archives

Expolanka achieves record 1st half FY 2021/22 performance with a 190% revenue growth, 181% PAT growth surpassing previous FY performance Announcing its financial results for the 2nd quarter of the financial year, Expolanka Holdings PLC once again reported exceptional results driven by the continued growth of its Logistics business. For the quarter ended 30 September 2021 (Q221), Expolanka recorded a Profit After Tax of Rs 12 Bn, at a 166% increase Year on Year (YoY). Revenue for the quarter was Rs 151.4 Bn marking a YoY increase of 208%. Its Gross Profit was Rs 22.6 Bn for the quarter, a 114% increase YoY. Although the macroeconomic and external environment remained dynamic during this period with continued supply chain disruptions, Expolanka stayed focused on the core fundamentals of its business operations, delivering strong volume growth whilst adopting proactive procurement strategies and pursuing operational efficiencies. In his quarterly message to stakeholders, Group ...

Expolanka upholds stable growth; records Rs 57.8 Bn Revenue and Rs 4.5 Bn PAT during Q3 An agile business model was the cornerstone to Expolanka Holdings PLC sustaining its strong growth momentum during the latest quarter which ended 31 December 2020. The company attributed its performance to staying on the path of a focused and consistent growth strategy while remaining flexible and optimizing opportunities in a dynamic operating environment. The quarter’s performance has resulted in the group generating a Revenue of Rs 143.2 Bn and a Profit After Tax of Rs 10.8 Bn for the first nine months ending 31 December 2020. During the quarter under review, the group recorded a revenue of Rs 57.8 Bn (a 108% increase YoY) with a Gross Profit of Rs 9.7 Bn and a Profit After Tax of Rs 4.5 Bn. The quarter’s growth was driven by the core Logistics business, which recorded a ...