COLOMBO, (Reuters) – Group results for Lanka IOC PLC, the Sri Lankan arm of Indian Oil Corp, for the three months ended Dec. 31, released recently. (in millions of rupees unless otherwise stated):
NOTE – Results are provisional and unaudited.
- Foreign investors and funds hold 77 percent of the tota issued shares in the company, which has a market cap of 20.24 billion Sri Lankan rupees ($154.80 million) and accounts for 0.79 percent of the total market capitalisation of the stock exchange, latest bourse data showed.
- The parent, Indian Oil Corp, holds 75.12 percent of the shares in its Sri Lankan arm.
- Shares in Lanka IOC have gained 35.1 percent in the December quarter and 19.3 percent so far this year.
(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sunil Nair for Reuters)
Complete results can be downloaded from our Investor Section.
Tags: Sri Lanka Oil Companies, Petroleum Market Sri Lanka, Lanka IOc Growth