K.Venkateshwar.Rao

Chevron Lubricants Lanka PLC  reported a 51 percent drop in profit year over year to 267.1 million Sri Lankan rupees (U.S. $1.5 million) in its fourth quarter, and a 22 percent decline in full-year profit to just under Rs 2 billion. Operating profit for the three months ended Dec. 31 stood at Rs 368 million, down 50 percent from Rs 737 million in the same period of 2017. For the full year, operating profit declined 19 percent to Rs 2.7 billion. In interim financial statements released to the Colombo Stock Exchange, Chevron Lubricants Lanka reported that its revenues from lubricants declined by 21 percent to Rs. 2.2 million in the fourth quarter, down from Rs 2.8 million during the year earlier period. For the full year, revenues reached Rs 10.9 billion, down 2 percent from 2017. Although Chevron Lubricants Lanka officials were not available for comment, industry observers believe intense price competition in the market is one reason for the decline in Chevron Lanka’s earni...

Flanked by Sandy Hook Bay and Highlands Reach, Atlantic Highlands is a sleepy little fishing village in Monmouth County, New Jersey in the Bayshore Region. Facing the bay of Sandy hook, this town has almost everything from a good seafood restaurant to an old times hardware store. It is a beautiful place with scenic ocean and river views, great hiking, and biking trails. The waterways offer numerous harbours and dock locations for recreational boaters and the Seastreak ferry service. The Highlands has many more attractions to offer; visitors can charter a fishing trip, take leisurely boat rides, or rent bicycles and peddle their way down the coastline. The 7 mile (11.2 km) Sandy Hook, a 1,665-acre (673 hectare) barrier peninsula in Highlands is a hotspot of Atlantic. The Atlantic Star crew offers excellent sea fishing experience irrespective of whether you are a beginner or professional, alone or with a group. The shoreline is home to many shopping and dining options. Bahrs Landin...