Reported Earnings • May 26
Full year 2026 earnings released: EPS: LK₨4.26 (vs LK₨4.38 in FY 2025) Full year 2026 results: EPS: LK₨4.26 (down from LK₨4.38 in FY 2025). Revenue: LK₨19.3b (flat on FY 2025). Net income: LK₨4.05b (down 2.7% from FY 2025). Profit margin: 21% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • May 25
Dividend of LK₨2.98 announced Shareholders will receive a dividend of LK₨2.98. Ex-date: 27th July 2026 Payment date: 14th August 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Dec 01
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at LK₨56.00. The fair value is estimated to be LK₨70.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: LK₨1.05 (vs LK₨0.89 in 2Q 2025) Second quarter 2026 results: EPS: LK₨1.05 (up from LK₨0.89 in 2Q 2025). Revenue: LK₨4.49b (flat on 2Q 2025). Net income: LK₨995.9m (up 18% from 2Q 2025). Profit margin: 22% (up from 19% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 04
Non-Executive Non Independent Director recently sold LK₨5.5m worth of stock On the 26th of August, Sanjay Tiwari sold around 100k shares on-market at roughly LK₨55.01 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Jul 16
Upcoming dividend of LK₨0.26 per share Eligible shareholders must have bought the stock before 23 July 2025. Payment date: 12 August 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of Sri Lankan dividend payers (5.0%). Higher than average of industry peers (2.2%). Reported Earnings • May 29
Full year 2025 earnings released: EPS: LK₨4.38 (vs LK₨3.09 in FY 2024) Full year 2025 results: EPS: LK₨4.38 (up from LK₨3.09 in FY 2024). Revenue: LK₨19.5b (up 9.6% from FY 2024). Net income: LK₨4.16b (up 42% from FY 2024). Profit margin: 21% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: LK₨4.38 (vs LK₨3.09 in FY 2024) Full year 2025 results: EPS: LK₨4.38 (up from LK₨3.09 in FY 2024). Revenue: LK₨19.5b (up 9.6% from FY 2024). Net income: LK₨4.16b (up 42% from FY 2024). Profit margin: 21% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
PGP Glass Ceylon PLC, Annual General Meeting, Jul 22, 2025 PGP Glass Ceylon PLC, Annual General Meeting, Jul 22, 2025. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: LK₨1.10 (vs LK₨0.90 in 3Q 2024) Third quarter 2025 results: EPS: LK₨1.10 (up from LK₨0.90 in 3Q 2024). Revenue: LK₨5.24b (up 16% from 3Q 2024). Net income: LK₨1.05b (up 23% from 3Q 2024). Profit margin: 20% (up from 19% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 18
Upcoming dividend of LK₨0.80 per share Eligible shareholders must have bought the stock before 25 November 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Sri Lankan dividend payers (7.5%). Higher than average of industry peers (1.9%). Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: LK₨0.89 (vs LK₨0.80 in 2Q 2024) Second quarter 2025 results: EPS: LK₨0.89 (up from LK₨0.80 in 2Q 2024). Revenue: LK₨4.51b (up 22% from 2Q 2024). Net income: LK₨841.5m (up 11% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year. Recent Insider Transactions • Sep 06
Key Executive recently bought LK₨122k worth of stock On the 3rd of September, Sanjay Jain bought around 5k shares on-market at roughly LK₨26.00 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth LK₨139k. Sanjay has been a buyer over the last 12 months, purchasing a net total of LK₨261k worth in shares. Reported Earnings • Jul 30
First quarter 2025 earnings released: EPS: LK₨0.72 (vs LK₨0.44 in 1Q 2024) First quarter 2025 results: EPS: LK₨0.72 (up from LK₨0.44 in 1Q 2024). Revenue: LK₨4.12b (flat on 1Q 2024). Net income: LK₨688.3m (up 64% from 1Q 2024). Profit margin: 17% (up from 10% in 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year. Upcoming Dividend • Jul 22
Upcoming dividend of LK₨1.55 per share Eligible shareholders must have bought the stock before 29 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 50% and the cash payout ratio is 76%. Trailing yield: 5.3%. Lower than top quartile of Sri Lankan dividend payers (8.2%). Higher than average of industry peers (2.3%). Declared Dividend • Apr 29
Dividend of LK₨1.55 announced Shareholders will receive a dividend of LK₨1.55. Ex-date: 29th July 2024 Payment date: 16th August 2024 Dividend yield will be 5.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 53% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: LK₨3.09 (vs LK₨3.35 in FY 2023) Full year 2024 results: EPS: LK₨3.09 (down from LK₨3.35 in FY 2023). Revenue: LK₨17.8b (down 11% from FY 2023). Net income: LK₨2.94b (down 7.6% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 36% per year. Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: LK₨0.90 (vs LK₨0.93 in 3Q 2023) Third quarter 2024 results: EPS: LK₨0.90 (down from LK₨0.93 in 3Q 2023). Revenue: LK₨4.51b (down 23% from 3Q 2023). Net income: LK₨852.6m (down 3.8% from 3Q 2023). Profit margin: 19% (up from 15% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 39% per year and the company’s share price has also increased by 39% per year. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: LK₨800 (vs LK₨0.77 in 2Q 2023) Second quarter 2024 results: EPS: LK₨800 (up from LK₨0.77 in 2Q 2023). Revenue: LK₨3.70b (down 25% from 2Q 2023). Net income: LK₨759.4m (up 4.2% from 2Q 2023). Profit margin: 21% (up from 15% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 49% per year. Reported Earnings • Jul 22
First quarter 2024 earnings released: EPS: LK₨0.44 (vs LK₨0.69 in 1Q 2023) First quarter 2024 results: EPS: LK₨0.44 (down from LK₨0.69 in 1Q 2023). Revenue: LK₨4.09b (up 5.2% from 1Q 2023). Net income: LK₨421.0m (down 36% from 1Q 2023). Profit margin: 10% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 13
Upcoming dividend of LK₨1.66 per share at 6.3% yield Eligible shareholders must have bought the stock before 20 July 2023. Payment date: 10 August 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Sri Lankan dividend payers (7.5%). Higher than average of industry peers (2.3%). Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: LK₨3.35 (vs LK₨2.02 in FY 2022) Full year 2023 results: EPS: LK₨3.35 (up from LK₨2.02 in FY 2022). Revenue: LK₨20.1b (up 96% from FY 2022). Net income: LK₨3.18b (up 66% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to LK₨19.40, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 481% over the past three years. Reported Earnings • Jan 23
Third quarter 2023 earnings released: EPS: LK₨0.93 (vs LK₨0.56 in 3Q 2022) Third quarter 2023 results: EPS: LK₨0.93 (up from LK₨0.56 in 3Q 2022). Revenue: LK₨5.86b (up 100% from 3Q 2022). Net income: LK₨886.1m (up 66% from 3Q 2022). Profit margin: 15% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. COO & Executive Non Independent Director Sanjay Jain was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Second quarter 2023 earnings released: EPS: LK₨0.77 (vs LK₨0.32 in 2Q 2022) Second quarter 2023 results: EPS: LK₨0.77 (up from LK₨0.32 in 2Q 2022). Revenue: LK₨4.95b (up 119% from 2Q 2022). Net income: LK₨728.5m (up 137% from 2Q 2022). Profit margin: 15% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 19% share price gain to LK₨15.80, the stock trades at a trailing P/E ratio of 6.4x. Average forward P/E is 13x in the Packaging industry in Asia. Total returns to shareholders of 373% over the past three years. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨14.30, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 12x in the Packaging industry in Asia. Total returns to shareholders of 328% over the past three years. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: LK₨0.69 (vs LK₨0.25 in 1Q 2022) First quarter 2023 results: EPS: LK₨0.69 (up from LK₨0.25 in 1Q 2022). Revenue: LK₨3.88b (up 107% from 1Q 2022). Net income: LK₨660.1m (up 180% from 1Q 2022). Profit margin: 17% (up from 13% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Announcement • Jul 09
PGP Glass Ceylon PLC, Annual General Meeting, Aug 02, 2022 PGP Glass Ceylon PLC, Annual General Meeting, Aug 02, 2022, at 11:00 Sri Lanka Standard Time. Agenda: To receive and consider the Annual Report of the board and the Financial Statements of the Company for the year ended 31st March 2022, together with the report of the auditors thereon; and to re-elect as a director Mr. Sanjay Tiwari who retires by rotation in terms of article 98 of the Articles of Association of the company and being eligible has offered himself for re-election; to re-elect as a director Mr. R.M.S. Fernando, who attained the age of 79 years on 29th September 2021 and retires pursuant to Section 210 of the Companies Act. No.07 of 2007 and to resolve that the age limit of 70 years referred to in section 210 of the Companies Act no.07 of 2007 shall not be applicable to Mr. R.M.S. Fernando and that he shall accordingly be re-appointed. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. COO & Executive Non Independent Director Sanjay Jain was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 18
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: LK₨2.02 (up from LK₨1.15 in FY 2021). Revenue: LK₨10.2b (up 20% from FY 2021). Net income: LK₨1.91b (up 75% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 56% per year. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. COO & Executive Non Independent Director Sanjay Jain was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to LK₨11.40, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 288% over the past three years. Buying Opportunity • Mar 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be LK₨16.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years. Buying Opportunity • Mar 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be LK₨16.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to LK₨14.50, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 385% over the past three years. Upcoming Dividend • Feb 18
Upcoming dividend of LK₨0.25 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 21 March 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Sri Lankan dividend payers (5.2%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: LK₨0.56 (up from LK₨0.40 in 3Q 2021). Revenue: LK₨2.92b (up 22% from 3Q 2021). Net income: LK₨534.8m (up 41% from 3Q 2021). Profit margin: 18% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Feb 09
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be LK₨22.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 19% share price gain to LK₨21.40, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 559% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨18.70, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 461% over the past three years. Upcoming Dividend • Nov 16
Upcoming dividend of LK₨0.25 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 13 December 2021. Trailing yield: 3.1%. Lower than top quartile of Sri Lankan dividend payers (5.8%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to LK₨16.30, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 369% over the past three years. Upcoming Dividend • Jul 19
Upcoming dividend of LK₨0.58 per share Eligible shareholders must have bought the stock before 26 July 2021. Payment date: 03 August 2021. Trailing yield: 4.2%. Lower than top quartile of Sri Lankan dividend payers (5.6%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨13.70, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 243% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS LK₨1.15 (vs LK₨0.41 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: LK₨8.53b (up 13% from FY 2020). Net income: LK₨1.10b (up 182% from FY 2020). Profit margin: 13% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
Full year 2021 earnings released: EPS LK₨1.15 (vs LK₨0.41 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: LK₨8.53b (up 13% from FY 2020). Net income: LK₨1.10b (up 182% from FY 2020). Profit margin: 13% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨11.20, the stock trades at a trailing P/E ratio of 14.2x. Average forward P/E is 13x in the Packaging industry in Asia. Total returns to shareholders of 118% over the past three years. Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS LK₨0.40 (vs LK₨0.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: LK₨2.40b (up 4.1% from 3Q 2020). Net income: LK₨378.3m (up 61% from 3Q 2020). Profit margin: 16% (up from 10% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 06
New 90-day high: LK₨9.70 The company is up 131% from its price of LK₨4.20 on 08 October 2020. The Sri Lankan market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: LK₨9.10 The company is up 146% from its price of LK₨3.70 on 04 September 2020. The Sri Lankan market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Nov 03
Market bids up stock over the past week After last week's 22% share price gain to LK₨8.40, the stock is trading at a trailing P/E ratio of 13.3x, up from the previous P/E ratio of 11x. This compares to an average P/E of 15x in the Packaging industry in Asia. Total returns to shareholders over the past three years are 58%. Valuation Update With 7 Day Price Move • Oct 21
Market pulls back on stock over the past week After last week's 27% share price decline to LK₨6.40, the stock is trading at a trailing P/E ratio of 10.2x, down from the previous P/E ratio of 14x. This compares to an average P/E of 15x in the Packaging industry in Asia. Total returns to shareholders over the past three years are 17%. Reported Earnings • Oct 14
First half earnings released Over the last 12 months the company has reported total profits of LK₨610.3m, up 51% from the prior year. Total revenue was LK₨7.56b over the last 12 months, up 2.2% from the prior year. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 25% share price gain to LK₨5.00, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.2x. This compares to an average P/E of 15x in the Packaging industry in Asia. Total return to shareholders over the past three years is a loss of 8.7%. Is New 90 Day High Low • Oct 12
New 90-day high: LK₨5.00 The company is up 43% from its price of LK₨3.50 on 14 July 2020. The Sri Lankan market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 4.0% over the same period. 
