Aitken Spence PLC operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aitken Spence PLC with three other
hotel and motel operators in Asia:
Asia Standard International Group Ltd.
of HONG KONG
(2020
sales of 2.38 billion Hong Kong Dollars [US$306.45 million]
of which 77%
was Financial Investments),
Emperor International Holdings Ltd
of HONG KONG
(2.37 billion Hong Kong Dollars [US$305.21 million]
of which 51%
was Hotels), and
Asia Orient Holdings Limited
which is
also
based in HONG KONG
(2.63 billion Hong Kong Dollars [US$339.61 million]
of which 78%
was Investments).
Sales Analysis.
Aitken Spence PLC reported sales of 52.98 billion Sri Lanka Rupees (US$286.61 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 3.8%
versus 2019, when the company's sales were 55.06 billion Sri Lanka Rupees .
Contributing to the drop in overall sales was the 28.0% decline
in Services and Other, from 2.58 billion Sri Lanka Rupees to 1.86 billion Sri Lanka Rupees .
There were also decreases in sales in
Tourism Sector (down 13.3% to 27.10 billion Sri Lanka Rupees )
and
Maritime and Logistics Sector (down 0.2% to 11.96 billion Sri Lanka Rupees )
.
However, these declines were partially offset by the increase in sales of
Strategic Investments (up 13.7% to 20.85 billion Sri Lanka Rupees )
.