BPPL Holdings to be listed under CSE tomorrow

April, 3, 2017

The secondary trading of the latest company listed under the Colombo Stock Exchange (CSE), BPPL Holdings Limited, will kick off tomorrow (04 April).

Accordingly, 306,843,357 voting shares of this company would be listed under the Diri Saviya Board of the CSE under the Manufacturing Sector.

During the Initial Public Offer at Rs. 12.00 per share it was over-subscribed on the opening day itself.

Since its inception in 1984, BPPL Holdings has been engaged in the manufacture of high quality brushes and cleaning equipment for the local as well as foreign markets.

BPPL Holdings has released its unaudited financial report for the 11 months from April 2016 to April 2017, which indicates a nett profit of Rs. 393 million, which is a 48 per cent growth when compared against the previous year.

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