Piramal Glass profits up 2.7 fold in Dec; insists pricing formula for furnace oil

Piramal Glass profits up 2.7 fold in Dec; wants pricing formula for furnace oil

Feb 01, 2016 (LBO) – Sri Lanka’s Piramal Glass Ceylon said profits in the quarter to December 2015 rose more than two fold to 166 million rupees from 61 million a year earlier despite concerns about the cost of Furnace oil. The firm which makes glassware saw revenues grow 11.6 percent to 1.78 billion rupees […]