LAUGFS Gas PLC and its subsidiaries yesterday announced that the Group surpassed Rs. 1.2 billion profits before tax for the financial year ended 31 March 2011, reflecting a 107% increase. The Group, according to the un audited financial statements for the year ended 31 March 2011, released to the Colombo Stock Exchange, had posted a profit after tax (PAT) of Rs. 1 billion, which is 90% over the corresponding period last year…
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