Aitken Spence & Co. Ltd. operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aitken Spence & Co. Ltd. with three other
hotel and motel operators in Asia:
Asia Orient Holdings Limited
of Hong Kong
(2019
sales of 2.42 billion Hong Kong Dollars [US$308.51 million]
of which 68%
was Investments),
Greens Co Ltd
of Japan
(30.90 billion Japanese Yen [US$284.87 million]
of which 75%
was Choice Hotels business), and
Asia Standard International Group Ltd.
which is
based in Hong Kong
(2.21 billion Hong Kong Dollars [US$281.43 million]
of which 65%
was Financial Investments).
Sales Analysis.
Aitken Spence & Co. Ltd. reported sales of 55.06 billion Sri Lanka Rupees (US$304.50 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 5.6%
versus 2018, when the company's sales were 52.15 billion Sri Lanka Rupees.
This was the third consecutive year of growth at Aitken Spence & Co. Ltd..
Sales of Services and Other saw an increase
that was more than double the company's growth rate: sales were up
30.5% in 2019, from
1.97 billion Sri Lanka Rupees to 2.58 billion Sri Lanka Rupees.
Aitken Spence & Co. Ltd. also saw significant increases in sales in
Tourism Sector (up 9.8% to 31.25 billion Sri Lanka Rupees)
and
Maritime and Logistics Sector (up 11.9% to 11.98 billion Sri Lanka Rupees)
.
Not all segments of Aitken Spence & Co. Ltd. experienced an increase in sales in 2019:
sales of Strategic Investments fell 5.2% to 18.34 billion Sri Lanka Rupees.