Stockmarket briefs

DCSL profits slide
DCSL, Sri Lanka’s biggest arrack producer, saw its net profit down by 6% to Rs 3.4 billion for 2007/8 against Rs.3.6 billion in 2006/7, according to results released by the company. No reasons were given for the fall.

E-channelling losses rise
E-channelling, the web-based doctor channelling service, posted a net loss of Rs. 7.5 million in the 2007/8 financial year against a loss of Rs.5.5 million in 2006/7, the company said.

Pegasus Reef land acquired
The government has acquired 10.3 acres of land belonging to Pegasus Reef Hotel, the company has informed the Colombo Stock Exchange. It did not give details.

Tokyo Cement profits ease
Tokyo Cement reported a 39% slide in net profit for 2007/8 to Rs. 496 million against Rs.814.14 posted last year, the company said.

Asiri Central shows losses
Asiri Central Hospitals PLC reported a net loss of Rs.19.7 million for 2007/ 8 against a net profit of Rs. 63.3 million in the previous year, according to results released to the Colombo Stock Exchange by the company. Brokers said that the results were impacted by a sharp rise in finance costs.