Blog Archives

Aitken Spence records Rs. 2.9 billion EBITDA across all sectors for 2Q with 388% growth Source:FT The leading blue-chip conglomerate, Aitken Spence PLC has reported an impressive growth of 388% from its earnings before interest expense, tax, depreciation and amortisation (EBITDA) of Rs. 2.9 billion compared to Rs. 595 million in 2Q of the previous year.  In a statement Aitken Spence said during the 2Q the Group’s non-tourism sectors recorded a growth of 35% from its EBITDA of Rs. 2 billion against Rs. 1 billion during the 2Q of the previous year. The Group’s tourism sector reached a significant triple-digit growth of 188% from its EBITDA of Rs. 824 million as against a loss of Rs. 940 million during the 2Q of the previous year. ...