Colombo Land and Development Past Earnings Performance

Past criteria checks 1/6

Colombo Land and Development's earnings have been declining at an average annual rate of -35.5%, while the Real Estate industry saw earnings growing at 3.6% annually. Revenues have been declining at an average rate of 8.8% per year. Colombo Land and Development's return on equity is 3.9%, and it has net margins of 85.1%.

Key information

-35.5%

Earnings growth rate

-35.6%

EPS growth rate

Real Estate Industry Growth	3.9%
Revenue growth rate	-8.8%
Return on equity	3.9%
Net Margin	85.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Colombo Land and Development makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:CLND.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	377	321	108
30 Sep 23	364	-800	119
30 Jun 23	347	-819	117
31 Mar 23	335	-735	115
31 Dec 22	339	-731	111
30 Sep 22	327	631	85
30 Jun 22	316	627	101
31 Mar 22	324	613	102
31 Dec 21	335	624	109
30 Sep 21	370	-25	134
30 Jun 21	422	31	124
31 Mar 21	433	69	127
31 Dec 20	438	59	125
30 Sep 20	446	346	131
30 Jun 20	442	328	128
31 Mar 20	459	310	129
31 Dec 19	477	333	127
30 Sep 19	478	296	112
30 Jun 19	482	312	112
31 Mar 19	486	328	109
31 Dec 18	482	329	107
30 Sep 18	475	2,801	107
30 Jun 18	466	2,776	105
31 Mar 18	453	2,760	102
31 Dec 17	446	2,743	101
30 Sep 17	438	-387	112
30 Jun 17	435	-365	111
31 Mar 17	432	299	117
31 Dec 16	422	307	122
30 Sep 16	395	2,047	122
30 Jun 16	335	2,036	130
31 Mar 16	272	1,364	137
31 Dec 15	211	1,357	126
30 Sep 15	172	177	118
30 Jun 15	162	165	109
31 Mar 15	158	163	100
31 Dec 14	150	153	97
30 Sep 14	134	20	99
30 Jun 14	131	38	93
31 Mar 14	131	55	94
31 Dec 13	125	62	95
30 Sep 13	133	-68	83
30 Jun 13	124	-76	86

Quality Earnings: CLND.N0000 has a large one-off gain of LKR587.6M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: CLND.N0000 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CLND.N0000's earnings have declined by 35.5% per year over the past 5 years.

Accelerating Growth: CLND.N0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CLND.N0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-19%).

Colombo Land and Development Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: LK₨1.60 (vs LK₨3.66 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.09 loss per share (vs LK₨0.19 loss in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.27 loss per share (vs LK₨0.08 loss in 2Q 2022)

First quarter 2023 earnings released: LK₨0.25 loss per share (vs LK₨0.002 profit in 1Q 2022)

Full year 2022 earnings released: LK₨3.43 loss per share (vs LK₨3.07 profit in FY 2021)

Third quarter 2022 earnings released: LK₨0.19 loss per share (vs LK₨0.20 loss in 3Q 2021)

Recent updates

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: LK₨1.60 (vs LK₨3.66 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.09 loss per share (vs LK₨0.19 loss in 3Q 2022)

New minor risk - Share price stability

Second quarter 2023 earnings released: LK₨0.27 loss per share (vs LK₨0.08 loss in 2Q 2022)

Colombo Land and Development Company PLC, Annual General Meeting, Jun 23, 2023

First quarter 2023 earnings released: LK₨0.25 loss per share (vs LK₨0.002 profit in 1Q 2022)

Full year 2022 earnings released: LK₨3.43 loss per share (vs LK₨3.07 profit in FY 2021)

Executive Director & Group CEO recently sold LK₨162k worth of stock

Investor sentiment improved over the past week

Executive Director & Group CEO recently sold LK₨50k worth of stock

Colombo Land and Development Company PLC Appoints Maurice Dayanth Asoka Weerasooriya as Chairperson

Third quarter 2022 earnings released: LK₨0.19 loss per share (vs LK₨0.20 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: LK₨0.08 loss per share (vs LK₨0.10 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Colombo Land and Development Company PLC, Annual General Meeting, Jun 24, 2022

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: LK₨0.20 loss per share (vs LK₨0.07 profit in 3Q 2020)

Group CEO & Executive Director recently bought LK₨11m worth of stock

Second quarter 2021 earnings released: LK₨0.10 loss per share (vs LK₨0.09 profit in 2Q 2020)

Colombo Land and Development Company plc announces Executive Changes

Independent Non-Executive Chairman of the Board Chandrakumara Krishan Deheragoda has left the company

Colombo Land and Development Company PLC Appoints Pathiranage Vasula Sanjeewa Premawardhana as Group CEO

New 90-day low: LK₨23.20

Full year 2020 earnings released: LK₨0.06 loss per share (vs LK₨1.66 profit in FY 2019)

Investor sentiment improved over the past week

New 90-day high: LK₨27.20

Third quarter 2020 earnings released: EPS LK₨0.07

New 90-day low: LK₨22.10

New 90-day high: LK₨27.60

First half earnings released

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta