First Capital Holdings 1H net profit Rs 113 m

First Capital Holdings PLC (FCH) has reported net profit after tax of Rs 113.2 m for the six months ended September 30, 2012, following an improved second quarter.

In figures released to the Colombo Stock Exchange, the Group said revenue was up by 6.7 percent to Rs 700.6 m. This increase, mainly attributed to investments in government securities, came in the second quarter of 2012/13.

Net profit after tax for the second quarter (July-September 2012) was Rs 77 m as against Rs 59 m in the corresponding three months of the preceding year. Profit attributable to equity holders of the parent company at Rs 107.1 m reflected a slight decline of 6.3 percent when compared with the corresponding figures of the previous year. Earnings per share declined marginally to Rs 1.06 for the period from Rs 1.13. Group net assets per share stood at Rs 12.34 as at September 30, 2012.