Vidullanka's Q3 profits up
Vidullanka PLC recorded a profit of Rs. 50.8 million for the quarter
ended December 31, 2009 which increases the profit for the year to Rs.
134.7 million. The profit for the year has increased more than 50
percent compared to December 2008 results. Increase in revenue coupled
with reduction in finance cost had contributed to this increase in the
The company had declared a dividend of 50 cents per share in during
the quarter ended December 31, 2009 and was paid in January 2010.
Vidullanka expects to commission its fourth Mini Hydro Power project
by mid March.