DOCSLIB.ORG

The Colombo Bourse Successfully Concluded the Day on a Positive Note Where the ASPI Retained Amidst the Green Territory for the Fourth Successive Trading Day

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Colombo Bourse Successfully Concluded the Day on a Positive Note Where the ASPI Retained Amidst the Green Territory for the Fourth Successive Trading Day The Colombo Bourse successfully concluded the day on a positive note where the ASPI retained amidst the green territory for the fourth successive trading day. Lively movements were visible up until mid-day; thereafter the indices were gliding down prior to the day’s closure. Even though, the MPI & the S&P SL20 indices closed red the overall market settled in a favorable manner. By gaining a marginal 9.97 points, the benchmark ASPI set ground at 5,580.84 while MPI and S&P SL20 indices closed at 5,127.96 & 3,022.16 after losing marginal 2.86 points & 0.71 points respectively. The market capitalization for the day (LKR 2.14Tn) was a year to date loss to 3.43%. The day’s turnover (LKR 539Mn) was an increase of 115.1% compared to the day prior. The turnover was mainly supported by the top three contributors Chevron Lubricants Lanka PLC (LKR 309.97Mn), Commercial Bank PLC (LKR 42.12Mn) & Commercial Bank PLC (X) (LKR 38.71Mn) respectively. Further to be noted is that two out of the top three contributors namely, Chevron Lubricants Lanka PLC & Commercial Bank PLC (X) were largely backed by crossings amounting 274Mn & 26Mn respectively. The key contributors for the day under the sectorial review were the Manufacturing (LKR 321Mn) & Bank Finance& Insurance (LKR 130Mn) sectors. During the trading day a total of 13.34Mn shares were changing hands. Asiri Hospital Holdings PLC (1.77Mn), Chevron Lubricants Lanka PLC (1.53Mn), and Environmental Resources PLC (0.78Mn) were the top traded counters for the day. The Price gainers were outnumbered by the price losers at a ratio of 98:78. The price gainers were led by Selinsing PLC (22.72%), on the contrary, SMB Leasing PLC [X] (-20%) led the price losers. The foreigners were net buyers for the day with a net inflow of LKR 299Mn, extending the year to date net foreign inflow to LKR 34.94Bn. Trade Share Turnover Company Code Vol Vol. (Rs) JOHN KEELLS HOLDINGS PLC 7.00 4,542,625 175,552,243.20 DISTILLERIES COMPANY PLC 7.00 1,505,084 47,184,230.00 COMMERCIAL BANK PLC 133.00 852,469 35,308,876.40 HAYLEYS PLC 9.00 773,351 19,634,510.00 COMMERCIAL BANK PLC(X) 79.00 624,866 13,212,498.20 DIALOG AXIATA PLC 65.00 548,271 12,593,367.40 ROYAL CERAMICS LANKA PLC 14.00 545,550 10,647,295.00 C T HOLDINGS PLC 8.00 513,512 10,125,000.00 AMANA TAKAFUL PLC 140.00 463,350 9,049,327.50 CARSONS CUMBERBATCH PLC 19.00 338,880 8,669,980.80 Sri Lanka Budget -2013 today Sri Lankan President as minister of Finance will present budget for the year 2013 when Parliament meets today. The Cabinet of Ministers had approved the US$ 19.5 billion Appropriation Bill 2013 at the Cabinet meeting held on Wednesday September 26.Budget 2013 is expected to contain fiscal proposals that will accelerate the post - war development drive and consolidate the firm economic foundation laid by the seven previous budgets presented by the President. The country achieved several long term economic benefits as a result of the prudent fiscal policies laid down in the previous budgets presented by President. The first reading of the Appropriation Bill was presented on October 09 by the leader of the House. The President and the General Treasury had consulted each line Ministry and other stakeholders in the preparation of the Appropriation Bill in order to formulate a realistic budget. Emphasis has been given for the priorities identified under the Medium Term Expenditure Framework 2013-2015 and for the completion of development activities which have already been commenced and are on-going. The government targets to maintain an economic growth rate of 7% while containing the annual inflation rate under 7%. (lbt.lk) Sri Lanka to become an upper middle income country by 2015 Sri Lanka will become an upper middle income country with a per capita income of US$ 4,000 by 2015. Sri Lanka's current per capita income is expected to reach US$ 3,000 by the year's end and to reach over US$ 3,975 by 2015 to be eligible to be classified as an upper middle income country. The country is on the right track with single-digit inflation and a positive economic growth of 7 percent. The unemployment ratio has come down to 4 percent and the foreign reserves have also been elevated to the highest level in the history of the country. The attempts to restrict the budget deficit to 6.2 percent of GDP have been successful. All these positive progress has enabled Sri Lanka to move into the next stage of World Bank country groups by 2015. (colombopage.com) US panel affirms tariffs on Chinese solar products The US International Trade Commission (ITC) has upheld the higher tariffs that were announced last month on imports of solar cells from China. It ruled that Chinese imports had hurt US domestic manufacturers. The US said these tariffs would offset subsidies China pays its manufacturers. It also alleged that Chinese firms were selling goods at rates below fair value, a practice known as dumping. China said the decision would damage trade relations between the countries.US manufacturers alleged that state subsidies had helped Chinese manufacturers flood the US market with cheap goods. (bbc.co.uk) Eurozone growth forecast cut sharply by European Commission The European Commission has cut sharply its growth forecast for the Eurozone, warning that the "difficult process of rebalancing will last for some time”. It now projects the bloc will narrowly avoid recession next year, growing by 0.1%, compared with its previous estimate of 1% growth, and think the EU economy will shrink this year. Unemployment would also c ontinue to rise next year. The revision helped push global stock markets lower. Yesterday, The Paris and Frankfurt exchanges closed down 2%, while London's FTSE 100 ended the day 1.6% lower. New York's Dow Jones lost 313 points, or 2.4%, at 12,933, its lowest level since early August. (bbc.co.uk) Vice President – Business Development Manager - Research Thakshila Hulangamuwa Pasindu Perera [email protected] [email protected] 0094 113070494 0094 112429109 Research Team Ranuka De Silva [email protected] 0094 112429137 Lasantha Senanayake [email protected] 0094 112429129 Head Office: Southern Region (Matara) Branch Office: Batticaloa # 24-1/3, A, 2nd Floor, E.H. Cooray Tower, #22B Bar Road, Batticaloa, Tel: 065 2228029 Anagarika Dharmapala Mw, Matara. Tel: 041 2235191-6 Branch Office: Jaffna Branch Office: Matara 1st Floor, # 398/1, Hospital Road, Jaffna. Tel: 021 2221614 # 38, Station Road, Matara. Tel. 041 2223940 Branch Office: Negombo Branch Office: Vavuniya 1st Floor, # 60, 1st Cross Street, Vavuniya. Tel: 024 2226031 # 142, Greens Road, Negombo. Tel. 031 2227474 Branch Office: Gampaha Branch Office: Badulla # 33/3, 2nd Floor, Modern Complex, Badulla. # 21, Courts Road, Gampaha. Tel. 033 2234888 Tel: 055 2222009 Branch Office: Kiribathgoda Branch Office: Wellawatte Udeshi City Shopping Complex, 2nd Floor, 2-14, # 3-1/2, Collingwood Place, Colombo 06. Tel: 0112 362939 No. 94, Makola Road, Kiribathgoda. Tel. 011 2908511 Branch Office: Kurunegala Branch Office: Panandura # 465, Galle Road, Panandura. Tel: 038 2234780 No. 6, 1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel. 037 2234777 Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: 047-2225170 Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel. 081 4474118 Branch Office: Wattala # 118, Negombo Road, Wattala. Tel: 011-2930099 Branch Office: Galle # 16, Sri Dewamittha Mw, Galle. Tel. 091 2233558 Branch Office: Embilipitiya # 61, Sampath Bank Bldg. Main Street, Embilipitiya. Branch Office: Anuradhapura Tel. 047 2261950 # 9, Maithripala Senanayaka Mw, Bank Site, New Town, Anuradhapura. Tel. 025 2234705 This document has been prepared and issued by Asha Phillip Securities Ltd, on the basis of publicly available information, internally developed data and other sources, believed to be reliable. Whilst all responsible care has been taken to ensure that the facts stated are accurate and the opinions given are fair and reasonable neither Asha Phillip Securities Ltd, nor any Director Officer or employee, shall in any way be responsible for the contents. Asha Phillip Securities Ltd may act as a Broker in the investments which are the subject of this document or related investments and may have acted upon or used the information contained in this document, or the research or analysis on which it is based, before its publication. Asha Phillip Securities Ltd., Its Directors, Officers or Employees may also have a position or be otherwise interested in the investments referred to in this document. This is not an offer to sell or buy the investments referred to in this document. .
Load more

Recommended publications
  • List of Major Projects Completed in the Past Major Projects Completed in 2017
    List of Major projects completed in the past Major Projects Completed in 2017 Project Client 1 Western Provincial Council Sanken Constructions 2 Labour Department Thudawe Brothers 3 National Environmental Secretariat Building CECB 4 IOC petrol station lighting IOC 5 Unidil Packaging Factory Fentons 6 Angunukolapalessa Prison Venora 7 Hayleys Fabric new factory Hayleys Fabric 8 Swisstek Aluminium Factory Fentons LED street lighting from Ingurukade Junction 9 CMC to Armour street 10 Galle Face Hotel Richardson Projects 11 HSBC Branches LED lighting HSBC 12 Brandix Batticlioa DIMO PLC 13 Vakkaru Island Resort Development Project Venora 14 John Keels Automation office LED Lighting John Keels Automation LED street Lighting in Bandaranaike 15 AASL International Airport 16 Sirimavo College Indoor Gym Sri Lanka Army 17 Clearpoint Residencies MAGA 18 New Anthonies Farm New Anthonies 19 Hemas Consumer Brands factory lighting Hemas 20 Hayleys Agro Fertilizers Office Hayleys Agro Fertilizers 21 HNB Nugegogda Sripali Construction 22 BOC Nugegoda Sripali Construction 23 Sojitz Powerplant-Area lighting Sojitz (Pvt) Ltd 24 Vidyalankara Buddhist Conference Hall CECB 25 KIA Motors Workshop KIA Motors 26 NAITA Automobile Training Centre Thudawe Brothers 27 NAVESTA Pharmaceuticals Factory Navesta Pharmaceuticals 28 Hayleys Main Board Room Hayleys PLC Major Projects Completed in 2016 Project Client 1 Dialog Old Corporate Building Dialog Axiata- Fentons 2 Greater Colombo Project Pubudu Engineering Colombo Municipal Council - Street Lighting 3 Colombo Municipal
    [Show full text]
  • Hayleys Fibre Plc Annual Report 2019/20
    Integral Integration HAYLEYS FIBRE PLC ANNUAL REPORT 2019/20 It has truly been a year of Integration as we took extensive strides in upgrading all aspects of the company through new systems, ventures and centralised resource mobilising. While paying special attention to logistical cohesion, we are taking the next carefully planned steps in expanding our reach. This includes the diversification of our products and its introduction to new markets. Our adoption of the “best” is propelling us to be the best in the business. CONTENTS History of the Business / 3 Financial Highlights / 4 Joint Statement from the Chairman and the Managing Director / 6 Our Product Portfolio / 10 Operational Review and Management Discussion / 14 GOVERNANCE Profiles of Directors /22 Statement of Directors’ Responsibility / 25 Annual Report of the Board of Directors on the Affairs of the Company / 26 Responsibility Statement of Chairman, Managing Director and Chief Financial Officer 30/ Corporate Governance / 31 Risk Management / 38 Related Party Transactions Review Committee Report / 43 Audit Committee Report / 44 FINANCIAL REPORTS Independent Auditor’s Report / 46 Statement of Profit or Loss /50 Statement of Comprehensive Income / 51 Statement of Financial Position / 52 Statement of Changes in Equity / 53 Statement of Cash Flows / 55 Notes to the Financial Statements / 56 SUPPLEMENTARY INFORMATION Share Information / 110 Statement of Value Added / 112 Ten Year Summary - Group / 113 Notice of Meeting / 114 Form of Proxy / 115 Corporate Information (Inner Back Cover) HISTORY OF THE BUSINESS A subsidiary of the blue-chip, Hayleys Group of Sri Lanka, VISION Hayleys Fibre PLC is a manufacturer and exporter of coir To be the leading provider of based, eco friendly products with a growing international innovative, sustainable and market.
    [Show full text]
  • Expolanka Holdings Plc Integrated Annual Report
    EXPOLANKA HOLDINGS PLC INTEGRATED ANNUAL REPORT 2020/21 EXPOLANKA HOLDINGS PLC | INTEGRATED REPORT 2020/21 2 fruitionEXPOLANKA HOLDINGS PLC | INTEGRATED ANNUAL REPORT 2020/21 At Expolanka, we remain fully committed to our promise made several years ago, to drive long term sustainable value, by adapting a focused, constant and consistent strategy. Even though the year under review post several challenges, we were able to pursue our said strategies and bring to fruition our plans for progress which was fueled by our innate resilience and strength. The seeds we planted have taken root and we keep our focus upward, expanding in our focused direction in order to adapt to the current environment. We remain fruitful in our optimism, our can-do attitude and endurance, a recipe for success that will carry us through to more opportunity. Overview EXPOLANKA HOLDINGS PLC | INTEGRATED ANNUAL REPORT 2020/21 2 CONTENTS Chairman’s Overview Compliance Reports 12 About Us 3 Corporate Governance 71 Message About this Report 4 Risk Management Report 93 Group Milestones 5 Related Party Transactions Financial Highlights 6 Review Committee Report 101 15 Group CEO’s Highlights of the Year 7 Remuneration Committee Report 103 Review Chairman’s Message 12 Group CEO’s Review 15 Financial Reports Board of Directors 18 Annual Report of the Board of Directors Group Senior Management Team 20 on the Affairs of the Company 108 23 Financial Indicators 22 The Statement of Directors’ Responsibility 112 Performance Group Performance 23 Audit Committee Report 113 Overcoming
    [Show full text]
  • HAYLEYS FABRIC PLC CSE: MGT.N0000 Bloomberg: MGT SL EQUITY | SRI LANKA | CONSUMER DURABLES and APPAREL
    HAYLEYS FABRIC PLC CSE: MGT.N0000 Bloomberg: MGT SL EQUITY | SRI LANKA | CONSUMER DURABLES AND APPAREL INITIATING WITH A BUY Riding the TREND!!!! CORPORATE UPDATE | 07 AUG 2019 Fair Value [FY20E]: LKR 20.0 [47%] FIRST CAPITAL RESEARCH Total Return with DPS 47% [AER 82%] Hiruni Perera +94 11 263 9864 [email protected] Disclosure Minimum Return for BUY: Buy Below [AER of 16.83% without DPS]: LKR 18.10 MGT categorized as ‘Grade B’ counter (Refer slide 44 for Recommendation criteria of Grade A, B & C Stocks) Disclosure on Shareholding: First Capital Group does not hold shares in MGT. First Capital Group has not traded in the shares in the three trading days prior to this document and will not trade in the shares for three trading days following the issue of this document. First Capital Research Aug 2019 2 Content Briefing 1.0 Summary and Key Data…………………………………………………………………………………………………………………………………………………… 4 2.0 Investment Thesis…………………………………………………………………………………………………………………………………………………………… 7 2.1 Shifted focus towards synthetic products to drive the topline growth………………………………………………………………… 9 2.2 Stable cotton and polyester prices to further expand margins……………………………………………………………………………. 17 2.3 Capacity expansion in knitting and dying facility to enhance the market share…………………………………………………… 21 2.4 Current Profitability to be set off against the tax losses and ESC…………………………………………………………………………. 24 3.0 Valuation………………………………………………………………………………………………………………………………………………………………………… 26 4.0 Company Profile …………………………………………………………………………………………………………………………………………………………….
    [Show full text]
  • Annual Report 2012/2013
    THE PURSUIT OF EXCELLENCE One hundred years of passion, hard work and perseverance have brought to where we are today: a highly respected, fast growing blue chip conglomerate with interests in several key growth industry sectors: beverages, telecommunications, plantations, hotels, textiles, finance, insurance, power genaration, media and logistics. And yet, we will not rest. Our story is far from over. Indeed, it has only just begun. Look to us for even greater achievements as we step into the next century of our lifetime, to build further upon our current successes. DCSL. 100 years in the passionate pursuit of excellence. Distilleries Company of Sri Lanka PLC | Annual Report 2012/13 1 Financial Highlights 2013 2012 2013 2012 Group Group Company Company Summary of Results Gross Turnover Rs Mn 65,790 63,125 51,549 49,136 Excise Duty Rs Mn 37,024 36,150 34,088 33,860 Net Turnover Rs Mn 28,766 26,975 17,461 15,276 Profit After Tax Rs Mn 5,258 6,052 6,873 4,297 Shareholders Funds Rs Mn 47,978 41,576 39,155 32,597 Working Capital Rs Mn (1,298) (3,234) (6,139) (21,374) Total Assets Rs Mn 78,245 73,355 55,942 62,563 Staff Cost Rs Mn 3,194 3,155 1,039 1,080 No. of Employees 18,674 18,158 1,343 1,389 Per Share Basic Earnings* Rs. 17.13 18.45 10.68 11.85 Net Assets Rs. 159.93 138.59 130.52 108.66 Dividends Rs. 3.00 3.00 3.00 3.00 Market Price - High Rs.
    [Show full text]
  • 5G Ecosystem the Digital Haven of Opportunities September 2019 5G Ecosystem | the Digital Haven of Opportunities
    5G Ecosystem The digital haven of opportunities September 2019 5G Ecosystem | The digital haven of opportunities ii 5G Ecosystem | The digital haven of opportunities Contents Foreword 03 Message from CII 04 5G commercial launch in India: Are we ready? 05 • National Digital Communications Policy (NDCP) lays the foundation for next generation 05 • Movement/transition of data traffic to 4G 06 • Regulatory endeavour for 5G spectrum allocation 06 • Progress made on policy front to prepare for a 5G future 08 • Efforts to have an indigenous 5G technology 09 • Mega cloud push will accelerate change in India’s infrastructure 09 Encircling the seamless – what is the 5G ecosystem? 10 • Handset manufacturers geared up for 5G 10 • Equipment manufacturers - Key for new business opportunities 12 • Infrastructure providers - Expanding the network footprint 13 • Mobile network operators - Supporting the 5G ecosystem 14 • Rise of application/software providers 22 Digital transformation across industry verticals – no one wants to be left behind 24 • Manufacturing 25 • Media and entertainment 26 • Automotive 27 • Government 28 Current 5G ecosystem in India 29 Conclusion 31 Glossary of terms 32 About Confederation of India Industry 33 Acknowledgements 34 Contacts 34 References 35 01 5G Ecosystem | The digital haven of opportunities 02 5G Ecosystem | The digital haven of opportunities Foreword 5G will be a game changer for India with the potential to create significant social and economic impact. As the 5G ecosystem develops in the country, telcos are expected to focus beyond connectivity towards collaboration across the telecom value chain and cross-sector, leading to the creation of new business models and innovation.
    [Show full text]
  • Daily Change in Foreign Holding
    Daily Change in Foreign Holding Foreign Holding (No. of Shares) Foreign Net Turnover * Change in Total Volume Volume as a Company Name Code Foreign Holding Traded % of Total Rs. Volume 1-Feb-21 29-Jan-21 Foreign Purchases LANKA ORIX LEASING COMPANY PLC LOLC.N0000 2,313,835 2,286,635 27,200 2,699,110 1.0 13,702,000 EXPOLANKA HOLDINGS LIMITED EXPO.N0000 1,483,800,622 1,483,612,587 188,035 9,893,475 1.9 9,646,196 BROWNS INVESTMENTS LIMITED BIL.N0000 39,790,648 38,857,648 933,000 2,710,774,277 0.0 6,251,100 DIALOG AXIATA PLC DIAL.N0000 7,503,174,020 7,502,692,370 481,650 5,891,576 8.2 6,068,790 SWISSTEK (CEYLON) PLC PARQ.N0000 536,541 495,422 41,119 183,663 22.4 5,951,975 RICHARD PIERIS RICH.N0000 1,535,157,477 1,534,940,476 217,001 643,305 33.7 3,472,016 PIRAMAL GLASS CEYLON PLC GLAS.N0000 567,423,605 567,159,200 264,405 3,624,074 7.3 2,591,169 CHEVRON LUBRICANTS LANKA PLC LLUB.N0000 39,685,643 39,669,043 16,600 108,104 15.4 1,809,400 JOHN KEELLS PLC JKL.N0000 234,960 218,015 16,945 59,322 28.6 1,418,297 CIC HOLDINGS PLC (X) CIC.X0000 3,511,252 3,483,738 27,514 858,562 3.2 1,317,921 NET FOREIGN PURCHASE (TOP TEN) 52,228,863 FOREIGN PURCHASE (TOTAL) 149,626,332 Foreign Sales SAMPATH BANK PLC SAMP.N0000 49,752,499 50,713,780 (961,281) 2,948,613 32.6 (187,690,115) HATTON NATIONAL BANK PLC HNB.N0000 90,479,629 91,019,351 (539,722) 1,012,713 53.3 (81,363,092) ROYAL CERAMICS LANKA PLC RCL.N0000 1,825,896 1,946,188 (120,292) 826,955 14.5 (46,071,836) HATTON NATIONAL BANK PLC (X) HNB.X0000 25,447,044 25,629,644 (182,600) 625,195 29.2 (21,546,800)
    [Show full text]
  • Downloadannual Report
    Return to Contents Annual Report 2019 Sri Lanka Telecom PLC 02 Sri Lanka Telecom PLC Annual Report 2019 Every Step of the Way... With every Fibre of our Being. At the end of the day...it’s always the Big Picture that’s important. Yes – Sri Lanka Telecom is Sri Lanka’s premier “legacy” communications provider over decades; yes – we are today Sri Lanka’s leading proponent and provider of cutting-edge technology inspired solutions in the ICT realm that has transformed Sri Lanka. But...what really is the Big Picture? All of this we have accomplished for a single purpose only...to walk in step with every citizen of this country, providing the products and services they need, anticipating what they will need and value adding...at every turn. CONTENTS 03 23-33 107 About the Report Business Model Financial Reporting 23 - Operating Environment 108 - Annual Report of the Board of 26 - Strategy Directors on the Affairs of the 28 - Value Creation Model Company 30 - Stakeholders 113 - Statement of Directors in relation to 04-09 their responsibility for the preparation of Financial Statements 114 - Independent Auditors’ Report About SLT 118 - Statement of Profit or Loss and 34-75 other Comprehensive Income 119 - Statement of Financial Position Management Discussion 120 - Statement of Changes in Equity – Group and Analysis 121 - Statement of Changes 10-11 in Equity – Company 34 - Financial Capital 122 - Cash Flow Statement 40 - Institutional Capital 123 - Notes to the Financial Statements Highlights of the Year 46 - Investor Capital 49 - Customer Capital
    [Show full text]
  • Melstacorp Limited Introductory Document
    MELSTACORP LIMITED INTRODUCTORY DOCUMENT Listing of 1,165,397,072 Voting Ordinary Shares To be Listed on the Main Board of the Colombo Stock Exchange At a Reference Price of LKR 69.00 Financial Advisors and Managers to the Introduction: CT CLSA Capital (Pvt) Ltd (A CT Holdings Group and CLSA Group Company) # 4-15A, Majestic City, 10, Station Road, Colombo 04. Tel : +94 11 250 3523 : +94 11 258 4843 Fax : +94 11 258 0181 i Registration of the Introductory Document A copy of this Introductory Document has been delivered to the Registrar General of Companies in Sri Lanka for registration. The following documents were also attached to the copy of the Introductory Document delivered to the Registrar General of Companies. 1) The written consent of the Financial Advisors and Managers to the Introduction The Financial Advisors and Managers to the Introduction have given and have not before the delivery of a copy of the Introductory Document for registration withdrawn their written consent for the inclusion of their name as Financial Advisors and Managers to the Introduction and for the inclusion of their statements/declarations in the form in which it is included in the Introductory Document. 2) The written consent of the Auditors and Reporting Accountants to the Company The Auditors and Reporting Accountants to the Company have given and have not before the delivery of a copy of the Introductory Document for registration withdrawn their written consent for the inclusion of their name as Auditors and Reporting Accountants to the Company and for the inclusion of their report/statements in the form and context in which it included in the Introductory Document.
    [Show full text]
  • How COVID-19 Will Change Telco Investments and Activities
    Webinar Q&A – How COVID-19 will change telco investments and activities The responses below are colour coded: • Dr Rainer Deutschmann (Dialog Axiata PLC) responses in black • Dr Sukant Mohapatra (Verizon Wireless) responses in blue • Dean Bubley (STL Partners, Disruptive Analysis) in red Impact on 5G, fibre and broadband networks • How do you see the impact of traffic change on network aggregation and broadband delivery if working from home is the new normal? − Substantial traffic changes – from commercial to residential geography, from evening peak to more evened out also during daytime, fixed/fixed wireless increase even more than mobile, consumer increase even more than enterprise. Overall network utilisations improved. Capacity is the new currency. Need deeper drive of fibre (vs. MW) – both RAN as well as closer to home/office – capacity and low latency. Last mile (fibre vs fixed wireless) depends on business case and time to market ambition. It is also possible to do both – first fixed- wireless to capture the market, then migrate to fibre. − Working from home (in the new normal) may need additional capacity in the last mile access network. Architecturally, aggregation and core network would be the same with capacity augmentation at specific locations as required. Last mile could leverage fibre (FTTH/FTTB) and/or 5G/FWA (Fixed Wireless Access). Specifically with fibre, where home connecting costs are higher (e.g. due to spread of household as in rural America), FWA could be a more economical option than fibre for last mile. Last mile deployment/augmentation strategy will be driven by economics/RoI on a case by case basis.
    [Show full text]
  • DFCC Bank PLC Annual Report 2016.Pdf
    Going beyond conventional reporting, we have implemented a About this Report more current format for reporting and have upgraded our corporate website with a focus on investor relations, supplemented by an investor relations app for smart phones and other devices. This is an integrated annual report and is a compact Reporting Period disclosure on how our strategy, governance, performance and prospects have resulted in the The DFCC Bank Annual Report for 2016 covers the 12 month period from 01 January 2016 to 31 December 2016 and is reflective of the creation of sustainable value within our operating change in the financial year-end implemented in 2015. The previous environment. annual report covered the nine month period from 01 April 2015 to 31 December 2015 and is available on the company website Value Creation and Capital Formation (www.dfcc.lk). Some of the Group entities have a 31 March financial year-end and they are consolidated with DFCC Bank’s reporting The ability of an organisation to create sustainable value for itself period with a three month time lag. A summary of the accounting depends on the value it creates for its stakeholders, making value periods covered by the Statement of Profit and Loss and Other creation essentially a two-way process. In fact, the more value an Comprehensive Income in the Bank and the Group columns is given organisation creates, the more value it is able to create for itself. in the Financial Report (page 136). Therefore firms spend substantial resources on creating and maintaining relationships with their stakeholders. Value creation leads to capital formation.
    [Show full text]
  • Asia Pacific Set for 417 Million SVOD Subs
    Asia Pacific set for 417 million SVOD subs Despite the negative impact from the coronavirus and the Chinese economic downturn, Asia Pacific will have 417 million SVOD subscriptions by 2025, up from 269 million in 2019. China will have 269 million SVOD subscriptions in 2025 – or 65% of the region’s total. India will supply a further 45 million – more than double its 2019 total. SVOD subscribers by platform in 2025 (000) Others, 47,340 Other China, 33,916 Disney+, 15,469 Apple TV+, 2,140 Amazon, 23,644 iQiyi, 100,672 Netflix, 34,286 India*, 24,737 Tencent, 99,595 Youku Tudou, 34,993 Source: Digital TV Research. * excluding US-based platforms Three Chinese companies will top the Asia Pacific SVOD subscriber rankings in 2025 – with two recording 100 million subscribers. Never expected to operate as standalone platforms in China, Netflix and Amazon Prime Video will take fourth and fifth places respectively. Simon Murray, Principal Analyst at Digital TV Research, said: “China will also dominate the SVOD revenue rankings. The top five platforms [Tencent Video, Iqiyi, Netflix, Disney+ and Youku Tudou] will account for two-thirds of the region’s SVOD revenues by 2025.” Netflix’s revenues will more than double between 2019 and 2025 to $3.19 billion. Disney+ will generate $1 billion in 2025, despite starting only recently. Murray continued: “Asia Pacific SVOD revenues will reach $18.25 billion in 2025; up by $8 billion on 2019. These forecasts are lower than our previous edition.” Asia Pacific OTT TV & Video Forecasts Table of Contents Published in March 2020, this 212-page PDF, PowerPoint and excel report provides extensive research for 22 territories.
    [Show full text]