ODEL PLC Declares Interim Dividend and Interim Financial Statement

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ODEL PLC
ODEL PLC

Interim Dividend

20th October 2011, The ODEL PLC declares the Interim Dividend of Rs.0.25 per Share for the financial year of 2011/2012.

The Ex Dividend date will be on 1st November 2011 and the payment will be on 11th November 2011.

Interim Financial Statement for 30th September 2011

In overall the Financial performance and Position was indicated Positive, while the Cashfolws of the company is indicated negatives and Rise70% adversely.

Key ratios end of 30th September 2011

Ratios Consolidates Ratio Company Ratio
Net Assets: Rs. 11.79 Rs. 9.99
Earn Per Share: 0.84 0.61
Cash Outflow: 497.727 Million 499.475 Million

 The Cashfolws are mostly effect by the Finance cost, acquisition of Property, Plant and Equipment and Repayment of Interest Bearing Borrowings.  Most of these cash inflows and Outflows are made clear to the Investors to the company investing on the higher Performance.

Therefore the Shareholders and Consumers may expect better business and service in future too.


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