Amaya Leisure records Rs 830m revenue

Amaya Leisure's acquisition by the Hayleys Group, a prominent business conglomerate, in August 2011 is bound to enhance its standing in the leisure industry.

The business prowess of Hayleys combined with the brand image that Amaya has built over the years should stand it in good stead, driving it forward to achieve its highest potential. We were able to make significant gains in terms of revenue and operational profits in the year under review due to our well planned strategic investments.

During the period under review a revenue of Rs. 830 million was recorded compared to Rs. 667 million in the previous year.

However, the net profit of Rs. 312 million was below last year's Rs. 471 million as there was capital gain included in the latter arising from disposal of Amaya Reef in Hikkaduwa. A dividend of Rs. 4 per share has already been paid in February 2012, said its Chairman Mohan Pandithage.