Introduction
Cinnamon Hotels / John Keells Hotels PLC
John Keells Hotels PLC ( Cinnamon Hotels) might have been joined over 1979 Also cited publicly On 2004. Cinnamon Hotels which may be a and only the john Keels property PLC, is locked in to hoteliering Likewise their principle business. It manages hotels On two fundamental parts which are sri lanka What's more maldives. Cinnamon Hotels claims What's more manages An portfolio of 1,340 four What's more five star rooms done more than 10 hotels crosswise over both parts of sri lanka Also maldives.
At 31st Walk 2016, john Keells Hotels ( Cinnamon Hotels) might have been working with LKR 28,899MN worth about Assets, LKR 6014MN worth from claiming liabilities What's more LKR 22,884MN worth from claiming equity. On 2016, Cinnamon Hotels’s trade saves fell by LKR 710MN which might have been generally impacted Eventually .Tom's perusing the expanding investing with respect to speculation exercises that need rose by 68% from LKR 1408MN to LKR 2364MN. However, Cinnamon Hotels earned an operating trade inflow about LKR 3615MN and generated a financing cash outflow of LKR 1962MN in 2016..
Ceylon Hotels Corporation PLC
Ceylon Hotels PLC, through its …show more content…
The marginal sales growth of 2% in 2016 was largely characterized by the increased contribution from the Sri Lankan sector to 20% of the total revenue in 2016 from 25% in the preceding year as a result of Sri Lankan sector registering a revenue growth of 12%. However, profit from operations for the financial year ended 31st March 2016 was Rs 2,883 million a decrease of 20% from the preceding financial year. Thus, operating profit margin declined to 18% in 2016 from the 20% reported in 2015, mainly due to increase in depreciation and amortization arising from new investments made during 2015 and the preceding