Expolanka delivers record breaking Q1 performance 259% YoY growth in Group Profit After Tax up to Rs. 6.3 Bn 165% YoY increase in Group revenue up to Rs. 95.7Bn Logistics growth driven by surging retail demand in U.S. Led by vibrant growth in its logistics sector, Expolanka Holdings PLC, delivered another record-breaking performance during the quarter ended 30 June 2021 (Q121). Group revenue recorded a remarkable 165% Year-on-Year (YoY) expansion to reach Rs. 95.7 billion resulting in Gross Profit of Rs. 14.4 billion, up 130% YoY. Together with a strong focus on operational efficiency, Group Profit After Tax (PAT) surged by an outstanding 259% YoY up to Rs. 6.3 billion. “Once again, our logistics sector served as the lynchpin of our growth, ably supported by commendable performances across all other business segments. Our record-breaking performance over this past quarter is a testament to the consistent focus on our strategy and the unified efforts of our team. With their support, we successfully implemented a bold growth strategy that focused on expanding…
The post Expolanka delivers record breaking Q1 performance appeared first on eLanka.
