Monday, 16 May 2011

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Sri Lanka Kelani Valley March net up 120-pct on high rubber prices

  • Monday, 16 May 2011
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  • May 16, 2011 (LBO) - High rubber prices have helped Sri Lanka's Kelani Valley Plantations increase March 2011 quarter net profit by 120 percent to 246 million rupees from a year ago. Sales of the firm, a unit of rubber gloves maker Dipped Products and part of the Hayleys group, rose 62 percent to 1.5 billion rupees, a stock exchange filing said. The interim accounts showed gross profit from



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