Lanka Realty Investments Past Earnings Performance

Past criteria checks 0/6

Lanka Realty Investments's earnings have been declining at an average annual rate of -35.3%, while the Real Estate industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 33.3% per year.

Key information

-35.3%

Earnings growth rate

-39.1%

EPS growth rate

Real Estate Industry Growth	3.9%
Revenue growth rate	33.3%
Return on equity	1.6%
Net Margin	-10.5%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Lanka Realty Investments makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:ASCO.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	1,248	-131	324
30 Jun 24	1,265	233	324
31 Mar 24	1,124	-257	302
31 Dec 23	1,005	-310	288
30 Sep 23	1,251	-872	299
30 Jun 23	1,546	-977	289
31 Mar 23	1,796	-1,052	280
31 Dec 22	2,092	-93	271
30 Sep 22	1,948	613	248
30 Jun 22	1,597	789	232
31 Mar 22	1,240	960	223
31 Dec 21	1,020	-116	206
30 Sep 21	685	-181	200
30 Jun 21	546	-201	200
31 Mar 21	432	-212	199
31 Dec 20	209	-442	214
30 Sep 20	209	94	207
30 Jun 20	206	539	196
31 Mar 20	204	615	159
31 Dec 19	133	805	145
30 Sep 19	112	343	109
30 Jun 19	127	-13	82
31 Mar 19	149	4	75
31 Dec 18	168	230	49
30 Sep 18	161	230	48
30 Jun 18	147	229	42
31 Mar 18	146	231	48
31 Dec 17	151	23	19
30 Sep 17	157	23	25
30 Jun 17	179	24	38
31 Mar 17	183	28	39
31 Dec 16	188	40	41
30 Sep 16	193	39	41
30 Jun 16	183	34	36
31 Mar 16	171	24	41
31 Dec 15	159	8	36
30 Sep 15	176	8	42
30 Jun 15	213	-12	65
31 Mar 15	222	18	50
31 Dec 14	264	-4	72
30 Sep 14	297	9	69
30 Jun 14	333	24	68
31 Mar 14	348	20	68
31 Dec 13	327	15	68

Quality Earnings: ASCO.N0000 is currently unprofitable.

Growing Profit Margin: ASCO.N0000 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASCO.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 35.3% per year.

Accelerating Growth: Unable to compare ASCO.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASCO.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (31.5%).

Return on Equity

High ROE: ASCO.N0000 has a negative Return on Equity (1.63%), as it is currently unprofitable.

Lanka Realty Investments Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released: LK₨0.66 loss per share (vs LK₨4.98 loss in FY 2023)

Third quarter 2024 earnings released: LK₨0.72 loss per share (vs LK₨3.38 loss in 3Q 2023)

Second quarter 2024 earnings released: LK₨0.67 loss per share (vs LK₨1.16 loss in 2Q 2023)

First quarter 2024 earnings released: LK₨0.68 loss per share (vs LK₨1.21 loss in 1Q 2023)

Full year 2023 earnings released: LK₨5.00 loss per share (vs LK₨4.54 profit in FY 2022)

Third quarter 2023 earnings released: LK₨3.38 loss per share (vs LK₨0.04 loss in 3Q 2022)

Recent updates

New major risk - Revenue and earnings growth

Lanka Realty Investments PLC, Annual General Meeting, Sep 27, 2024

Full year 2024 earnings released: LK₨0.66 loss per share (vs LK₨4.98 loss in FY 2023)

Third quarter 2024 earnings released: LK₨0.72 loss per share (vs LK₨3.38 loss in 3Q 2023)

New minor risk - Share price stability

Second quarter 2024 earnings released: LK₨0.67 loss per share (vs LK₨1.16 loss in 2Q 2023)

Lanka Realty Investments PLC, Annual General Meeting, Sep 21, 2023

New minor risk - Revenue size

First quarter 2024 earnings released: LK₨0.68 loss per share (vs LK₨1.21 loss in 1Q 2023)

Full year 2023 earnings released: LK₨5.00 loss per share (vs LK₨4.54 profit in FY 2022)

Executive Director recently sold LK₨923k worth of stock

Executive Director recently sold LK₨1.0m worth of stock

Third quarter 2023 earnings released: LK₨3.38 loss per share (vs LK₨0.04 loss in 3Q 2022)

Investor sentiment deteriorated over the past week

Executive Director recently bought LK₨389k worth of stock

Executive Director recently bought LK₨1.2m worth of stock

Investor sentiment improved over the past week

Executive Director recently bought LK₨1.1m worth of stock

Less than half of directors are independent

Second quarter 2023 earnings released

First quarter 2023 earnings released: LK₨1.22 loss per share (vs LK₨0.34 loss in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨5.55 (vs LK₨1.02 loss in FY 2021)

Executive Director recently bought LK₨885k worth of stock

Less than half of directors are independent

Executive Director recently bought LK₨622k worth of stock

Executive Director recently bought LK₨988k worth of stock

Executive Director recently bought LK₨246m worth of stock

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Non-Executive Director recently sold LK₨740m worth of stock

Second quarter 2022 earnings released: LK₨0.28 loss per share (vs LK₨0.42 loss in 2Q 2021)

Full year 2021 earnings released: LK₨0.76 loss per share (vs LK₨4.49 profit in FY 2020)

New 90-day low: LK₨33.00

Third quarter 2021 earnings released: LK₨0.33 loss per share (vs LK₨2.38 profit in 3Q 2020)

New 90-day high: LK₨39.80

First half earnings released

New 90-day low: LK₨32.80

New 90-day high: LK₨40.40

New 90-day low - LK₨33.20

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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