Lanka Milk Foods (CWE) Past Earnings Performance
Past criteria checks 4/6
Lanka Milk Foods (CWE) has been growing earnings at an average annual rate of 39.6%, while the Food industry saw earnings growing at 39.7% annually. Revenues have been growing at an average rate of 24.1% per year. Lanka Milk Foods (CWE)'s return on equity is 9.4%, and it has net margins of 12.2%.
Key information
39.6%
Earnings growth rate
39.5%
EPS growth rate
| Food Industry Growth | 38.6% |
| Revenue growth rate | 24.1% |
| Return on equity | 9.4% |
| Net Margin | 12.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lanka Milk Foods (CWE) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 16,440 | 2,006 | 1,936 | 0 |
| 30 Sep 23 | 15,977 | 1,385 | 1,726 | 0 |
| 30 Jun 23 | 15,219 | 515 | 1,642 | 0 |
| 31 Mar 23 | 14,172 | 1,189 | 1,547 | 0 |
| 31 Dec 22 | 13,438 | 972 | 1,328 | 0 |
| 30 Sep 22 | 12,109 | 1,340 | 1,230 | 0 |
| 30 Jun 22 | 10,595 | 1,395 | 1,095 | 0 |
| 31 Mar 22 | 9,772 | 1,065 | 1,001 | 0 |
| 31 Dec 21 | 8,821 | 1,349 | 1,010 | 0 |
| 30 Sep 21 | 8,273 | 1,235 | 990 | 0 |
| 30 Jun 21 | 7,988 | 1,306 | 988 | 0 |
| 31 Mar 21 | 7,597 | 842 | 927 | 0 |
| 31 Dec 20 | 7,536 | 769 | 828 | 0 |
| 30 Sep 20 | 7,285 | 547 | 809 | 0 |
| 30 Jun 20 | 7,035 | 382 | 753 | 0 |
| 31 Mar 20 | 6,704 | 301 | 770 | 0 |
| 31 Dec 19 | 6,172 | 101 | 761 | 0 |
| 30 Sep 19 | 5,943 | -164 | 735 | 0 |
| 30 Jun 19 | 5,671 | -140 | 727 | 0 |
| 31 Mar 19 | 5,386 | -126 | 720 | 0 |
| 31 Dec 18 | 5,345 | 278 | 633 | 0 |
| 30 Sep 18 | 5,281 | 364 | 656 | 0 |
| 30 Jun 18 | 5,377 | 541 | 684 | 0 |
| 31 Mar 18 | 5,279 | 581 | 704 | 0 |
| 31 Dec 17 | 5,238 | 524 | 794 | 0 |
| 30 Sep 17 | 5,061 | 466 | 777 | 0 |
| 30 Jun 17 | 5,066 | 549 | 761 | 0 |
| 31 Mar 17 | 5,250 | 542 | 773 | 0 |
| 31 Dec 16 | 5,247 | 330 | 757 | 0 |
| 30 Sep 16 | 5,425 | 345 | 758 | 0 |
| 30 Jun 16 | 5,064 | 170 | 773 | 0 |
| 31 Mar 16 | 5,049 | 127 | 744 | 0 |
| 31 Dec 15 | 4,888 | 1 | 707 | 0 |
| 30 Sep 15 | 4,615 | 96 | 679 | 0 |
| 30 Jun 15 | 4,453 | 35 | 658 | 0 |
| 31 Mar 15 | 3,952 | 3 | 607 | 0 |
| 31 Dec 14 | 3,884 | 41 | 588 | 0 |
| 30 Sep 14 | 3,623 | 2 | 570 | 0 |
| 30 Jun 14 | 4,062 | -45 | 540 | 0 |
| 31 Mar 14 | 4,572 | 60 | 550 | 0 |
| 31 Dec 13 | 5,134 | 194 | 631 | 0 |
| 30 Sep 13 | 5,669 | 292 | 639 | 0 |
| 30 Jun 13 | 5,659 | 423 | 666 | 0 |
Quality Earnings: LMF.N0000 has a high level of non-cash earnings.
Growing Profit Margin: LMF.N0000's current net profit margins (12.2%) are higher than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LMF.N0000's earnings have grown significantly by 39.6% per year over the past 5 years.
Accelerating Growth: LMF.N0000's earnings growth over the past year (106.3%) exceeds its 5-year average (39.6% per year).
Earnings vs Industry: LMF.N0000 earnings growth over the past year (106.3%) exceeded the Food industry -48.1%.
Return on Equity
High ROE: LMF.N0000's Return on Equity (9.4%) is considered low.