Asia Siyaka Commodities PlcCSELK: ASIY.N0000

Interim Financial Statements 30.09.2024

Nov 12, 2024 at 9:33 AM UTC · Issued by Asia Siyaka Commodities Plc

ASIA SIYAKA COMMODITIES PLC

INTERIM FINANCIAL STATEMENTS

30 September 2024

ASIA SIYAKA COMMODITIES PLC

STATEMENT OF FINANCIAL POSITION

AS AT

ASSETS

Non Current Assets

Property, Plant & Equipment

Intangible Assets

Right of Use Asset

Investments

Other Receivables

Investment Property

Deferred Tax Asset

Current Assets

Inventories

Trade Receivables

Loans & Advances

Other Receivables, Prepayments and Advances

Short Term Investments

Cash and Cash Equivalents

Total Assets

Capital and Reserves

Stated Capital

Revaluation Reserves

Revenue Reserves

Total Equity

Non Current Liabilities

Retirement Benefit Obligation

Deferred Tax Liability

Lease Liability- RoU Asset

Current Liabilities

Interest Bearing Borrowings Trade Payables

Interest Bearing Borrowings on Client Financing Sundry Creditors including Accrued Expenses Lease Liability- RoU Asset

Income Tax Payable Bank Overdraft

Total Liabilities

Total Equity and Liabilities

GROUP

Unaudited	Audited
30.09.2024	31.03.2024
Rs.	Rs.

1,192,591,148	1,219,827,485
7,396,470	684,274
51,792,818	56,066,527
-	-
7,168,634	8,118,954
755,727	755,727
80,230,732	74,663,544
1,339,935,529	1,360,116,511
1,763,021	4,468,834
991,458,933	886,689,281
1,464,064,309	1,500,020,496
81,662,511	61,813,548
121,722,053	40,556,488
50,704,674	118,679,487
2,711,375,501	2,612,228,134
4,051,311,030	3,972,344,645

100,000,000	100,000,000
622,313,935	622,313,936
646,160,950	600,332,014
1,368,474,885	1,322,645,950

82,957,430 77,618,812

302,698,157 304,780,848

25,946,389 30,203,886

411,601,976 412,603,546

10,585,954
1,129,386,172 1,051,112,103
890,000,000 886,000,000
117,687,252 88,222,274
5,977,759 5,146,526
22,288,712 29,635,731
105,894,274 166,392,561
2,271,234,169 2,237,095,149
2,682,836,145 2,649,698,695
4,051,311,030 3,972,344,645

COMPANY

Unaudited	Audited
30.09.2024	31.03.2024
Rs.	Rs.

14,098,592	10,904,104
7,396,470	684,274
33,729,367	38,833,463
190,250,000	190,250,000
7,168,634	8,118,954
755,727	755,727
75,943,029	70,176,992
329,341,819	319,723,514
1,763,021	4,363,173
929,194,925	835,582,504
1,464,064,309	1,500,020,496
66,878,699	57,487,013
121,722,053	40,556,488
43,389,925	113,209,824
2,627,012,932	2,551,219,498
2,956,354,751.00	2,870,943,012

100,000,000	100,000,000
-	-
485,567,952	426,487,394
585,567,952	526,487,394
69,543,143	63,541,703
459,943	488,232
29,640,524	35,350,412
99,643,610	99,380,347
-	-
1,162,284,519	1,105,340,647
890,000,000	886,000,000
81,899,096	52,201,664
8,819,400	7,700,299
22,245,900	27,440,100
105,894,274	166,392,561
2,271,143,189	2,245,075,271
2,370,786,799	2,344,455,618
2,956,354,751	2,870,943,012

	-	-	-	-
Net Assets per Share (Rs.)	5.26	5.09	2.25	2.02
These financial statements are in compliance with the requirements of the Companies Act No 7 of 2007
Sgd.	-	-	-	-
R.E. Munasinghe
Senior Vice President - Finance

The Board of Directors is responsible for the preparation and presentation of these financial statements.

Signed on behalf of the Board by
Sgd.	Sgd.
D J Wedande	Y. Kuruneru
Director	Director
November 12, 2024

ASIA SIYAKA COMMODITIES PLC

STATEMENT OF COMPREHENSIVE INCOME

		GROUP					COMPANY
For the period ended 30 September	2024	2023		2024	2023	Variance %	2024	2023	2024	2023

	Quarter	Quarter		Cumulative	Cumulative		Quarter	Quarter	Cumulative	Cumulative
	Rs.	Rs.		Rs.	Rs.		Rs.	Rs.	Rs.	Rs.
Gross Revenue	300,041,742	332,040,530		592,717,821	696,589,087	(15)	215,543,855	233,201,677	437,772,931	499,618,488
Cost of Sales	(143,902)	(433,959)		(243,038)	(981,591)	(75)	(143,902)	(433,959)	(243,038)	(981,591)

Net Revenue	299,897,840	331,606,571		592,474,783	695,607,496	(15)	215,399,953	232,767,718	437,529,893	498,636,897
Other Income and Gains	3,440,040	2,782,120		6,613,401	4,675,407	41	4,550,001	720,226	35,202,809	905,338
Selling & Distribution Costs	(19,763,013)	(34,762,040)		(38,124,201)	(55,742,177)	(32)	(18,511,353)	(31,739,262)	(35,578,473)	(48,732,344)
Administrative Expenses	(166,185,923)	(173,394,576)		(331,792,529)	(337,747,481)	(2)	(103,546,230)	(100,494,539)	(205,642,730)	(191,872,407)
Finance Cost	(28,152,106)	(59,644,968)		(65,437,093)	(157,073,310)	(58)	(29,173,045)	(57,681,490)	(68,038,568)	(151,999,885)
Finance Income	1,098,188	3,771,679		2,603,884	7,620,690	(66)	1,085,016	3,750,023	2,576,337	7,595,084
Profit/(Loss) Before Tax	90,335,026	70,358,786		166,338,245	157,340,625	6	69,804,342	47,322,676	166,049,268	114,532,683
Income Tax Expense	(32,085,911)	(30,533,533)		(55,509,309)	(56,726,272)	(2)	(25,002,427)	(18,599,613)	(41,968,710)	(41,563,568)

Profit/(Loss) for the Year	58,249,115	39,825,253		110,828,936	100,614,353	10	44,801,915	28,723,063	124,080,558	72,969,115
Other Comprehensive Income
Actuarial Gain/(Loss) for the year	-	-		-	-	-	-	-	-	-
Income Tax Effect	-	-		-	-	-	-	-	-	-
Revaluation Surplus	-	-		-	-	-	-	-	-	-
Income Tax Effect	-	-		-	-	-	-	-	-	-
Other Comprehensive Income for the year, net of tax	-	-		-	-	-	-	-	-	-
Total Comprehensive Income for the year, net of tax
58,249,115	39,825,253		110,828,936	100,614,353	10	44,801,915	28,723,063	124,080,558	72,969,115

Variance

(12)

(75)

(12)

3,788

(27)

(55)

(66)

Basic Earnings Per Share (Rs.)

0.22

0.15

0.43

0.39

0.17

0.11

0.48

0.28

ASIA SIYAKA COMMODITIES PLC

STATEMENT OF CHANGES IN EQUITY

	STATED		REVALUATION		ACCUMULATED	TOTAL
	CAPITAL		RESERVES		PROFITS
	Rs.		Rs.		Rs.	Rs.
GROUP
As at 01 April 2023	100,000,000	622,313,936	539,151,840	1,261,465,776
Net Profit for the period	-	-	100,614,353	100,614,353
Other Comprehensive Income	-		-		-	-
Total Comprehensive Income	-	-	100,614,353	100,614,353
Dividend Paid	-		-		(91,000,000)	(91,000,000)
As at 30 September 2023	100,000,000		622,313,936		548,766,193	1,271,080,129

As at 01 April 2024	100,000,000	622,313,935	600,332,014	1,322,645,949
Net Profit for the period	-	-	110,828,936	110,828,936
Other Comprehensive Income	-		-		-	-
Total Comprehensive Income	-	-	110,828,936	110,828,936
Dividend Paid	-		-		(65,000,000)	(65,000,000)
As at 30 September 2024	100,000,000	622,313,935	646,160,950	1,368,474,885
COMPANY

As at 01 April 2023	100,000,000	-	424,626,539	524,626,539
Net Profit/(Loss) for the period	-	-	72,969,115	72,969,115
Other Comprehensive Income	-		-		-	-
Total Comprehensive Income	-	-	72,969,115	72,969,115
Dividend Paid	-		-		(91,000,000)	(91,000,000)
As at 30 September 2023	100,000,000		-		406,595,654	506,595,654

As at 01 April 2024	100,000,000	-	426,487,394	526,487,394
Net Profit/(Loss) for the period	-	-	124,080,558	124,080,558
Other Comprehensive Income	-		-		-	-
Total Comprehensive Income	-	-	124,080,558	124,080,558
Dividend Paid	-		-		(65,000,000)	(65,000,000)
As at 30 September 2024	100,000,000	-	485,567,952.00	585,567,952

ASIA SIYAKA COMMODITIES PLC

STATEMENT OF CASHFLOWS

For the period ended 30 September

CASH FLOW FROM/(USED IN) OPERATING ACTIVITIES Profit before Income Tax Expense

Adjustment for: Depreciation/Amortization Depreciation - Right of Use Asset Provision for Retiring Gratuity Finance Income

(Gains)/Loss on Sale of Property, Plant and Equipment Dividend Received

Exchange (Gain) / Loss

Provision/(Reversal) for Impairment of Loans and Advances Provision/(Reversal) for Impairment of Trade Receivables Finance Cost

Operating Profit before Working Capital Changes

Changes in Inventories

Changes in Trade and Other Receivables Changes in Loans and Advances

Changes in Interest Bearing Borrowings on Client Financing Changes in Trade and Other Payables

Income Tax Paid

Defined Benefit Plan Costs Paid

Finance Cost Paid

Net Cash from Operating Activities

CASH FLOW FROM/(USED IN) INVESTING ACTIVITIES

Acquisition of Property, Plant & Equipment and Intangible Assets Proceeds from Disposal of Property ,Plant & Equipment Investment in Short Term Investments

Finance Income Received Dividend Received

Net Cash Used in Investing Activities

CASH FLOW FROM/(USED IN) FINANCING ACTIVITIES

Dividend Paid

Repayment of Borrowings

Repayments Under Lease Liabilities

Net Cash Used in Financing Activities

Net Increase/(Decrease) in Cash and Cash Equivalents

Cash and Cash Equivalents at the Beginning of the period Cash and Cash Equivalents at the End of the period

Analysis of Cash and Cash Equivalents

Favourable Balance

Cash at Bank and in Hand

Unfavourable Balance

Bank Overdrafts

	GROUP		COMPANY
2024	2023	2024	2023
Rs.	Rs.	Rs.	Rs.

166,338,245	157,340,625	166,049,268	114,532,683
39,012,107	41,558,895	2,578,376	1,079,024
4,273,709	4,445,891	5,104,096	5,276,280
7,779,000	6,972,498	6,715,500	6,022,998
(2,603,884)	(7,620,690)	(2,576,337)	(7,595,084)
(625,576)	-	-	-
-	-	(26,353,822)	-
(371,314)	-	(371,314)	-
12,000,000	28,894,841	12,000,000	28,894,841
-	(2,379,547)	-	(2,316,765)
65,437,093		157,073,310	68,038,568	151,999,885
291,239,380	386,285,823	231,184,335	297,893,862
(103,097)	(1,437,782)	(103,097)	(1,437,783)
(132,658,067)	76,154,955	(101,707,652)	105,299,277
23,956,187	353,420,218	23,956,187	353,420,218
4,000,000	(56,000,000)	4,000,000	(56,000,000)
107,739,047		(218,399,614)	86,641,304	(215,126,313)
294,173,450	540,023,600	243,971,077	484,049,261
(61,145,121)	(81,709,872)	(52,932,057)	(66,457,821)
(2,440,382)	(2,266,231)	(714,060)	(2,022,559)
(61,980,730)		(155,145,326)	(63,623,652)	(148,844,611)
168,607,217		300,902,171	126,701,308	266,724,270
(15,679,056)	(11,916,050)	(9,781,811)	(1,821,890)
625,576	-	-	-
(81,165,565)	-	(81,165,565)	-
2,603,884	7,620,690	2,576,337	7,595,084
-		-	26,353,822	-
(93,615,161)		(4,295,360)	(62,017,217)	5,773,194
(65,000,000)	(91,000,000)	(65,000,000)	(91,000,000)
(10,585,954)	(28,571,429)	-	-
(6,882,628)		(5,806,022)	(9,005,703)	(7,929,103)
(82,468,582)		(125,377,451)	(74,005,703)	(98,929,103)
(7,476,526)	171,229,360	(9,321,612)	173,568,361
(47,713,074)		(61,072,776)	(53,182,737)	(68,984,826)
(55,189,600)		110,156,584	(62,504,349)	104,583,535
50,704,674	113,472,274	43,389,925	107,899,225
(105,894,274)		(3,315,690)	(105,894,274)	(3,315,690)
(55,189,600)	110,156,584	(62,504,349)	104,583,535

ASIA SIYAKA COMMODITIES PLC

Notes

Financial year of the Company ends on 31st March. Quarterly figures are for 3 months ended on 30 September 2024
Figures for the period ended on 30 September 2024 are provisional and subject to audit.
Number of fully paid ordinary shares as at 30 September 2024 total to 260,000,000 (31st March 2024 - 260,000,000)
Basis of Preparation
The Interim Financial Statements of the Company have been prepared in accordance with Sri Lanka Accounting Standards comprising of SLFRS and LKAS (hereafter referred as "SLFRS"), as issued by the Institute of Chartered Accountants of Sri Lanka. Accordingly the Interim Financial Statements of the Company have been prepared in accordance with Sri Lanka Accounting Standard - LKAS 34 - Interim Financial Reporting.
The presentation and classification of the financial statements of the previous period have being adjusted where relevant for better presentation and to be comparable with year end reporting.
Changes in Accounting Policies and Disclosures
There were no changes to the accounting policies and methods of computation since the audited financial statements 2023/2024. The previous year's figures and phrases have been re-arranged wherever necessary to conform to the current year presentation.
Investments
Asia Siyaka Group consist of Asia Siyaka Warehousing (Pvt) Ltd and Siyaka Produce Brokers (Pvt) Ltd which are fully owned subsidiaries of Asia Siyaka Commodities PLC.
The Company currently holds 100% ownership of Siyaka Produce Brokers (Private) Limited, which transferred its Rubber Brokering License to Asia Siyaka Commodities PLC on 18 April 2017. Since the transfer the Company has not relaunched any new business activity and remains non-operating as at the period end. Under these circumstances, the Board of Directors intends to liquidate the Company within foreseeable future and accordingly the financial statements of Siyaka Produce Brokers (Pvt) Ltd have been prepared on a basis other than as a going concern.
Reporting Segments
The Group's internal organization and management is structured based on individual products and services which are similar in nature and process and where the risk and return are similar. The primary segments represent this business structure.
Investment Property

Subsequent to the acquisition by the Government of Sri Lanka, the portion of land which remained with the Company of 5.542 acres is reflected at the proportionate cost as Investment Property. The fair value of the Investment Property is deemed to be Rs. 2,543,454/-, which is based on the price determined by Kolonna Divisional Secretariat and Valuation .

Events After the Reporting Period
There were no significant events that occurred subsequent to the end of the interim period which require disclosure or adjustments in the interim financial statements.
Earnings Per Share
Basic Earnings per share is calculated by dividing the net profit for the year attributable to ordinary shareholders by the weighted average number of ordinary shares in use during the year as required by the LKAS 33 - Earnings Per Share.
Net Assets per share
Net Assets per share have been calculated for all periods based on the number of shares in issue as at 30 September 2024.
Contingencies, Capital and Other Commitments
There has been no significant change in the nature of the contingencies and other commitments, which were disclosed in the audited financial statements for the year ended 31st March 2024 and no circumstances have arisen since the Statement of Financial Position date, which would require adjustments to or disclosure in the financial statements.
Right of Use Asset
Asia Siyaka Warehousing has entered into a 50 year lease agreement commencing 22/06/1999 with the Sri Lanka Land Reclamation and Development Corporation to lease a land in Muthurajawela for a total lease rent of Rs. 47m.
Related Party Transactions
The nature of related party transactions in the current period is similar to those reported in the Audited Financial Statements - 2023/2024.

ASIA SIYAKA COMMODITIES PLC

15. Segment Information
	Broking		Warehousing		Total
For the period ended 30 September	2024		2023	2024	2023	2024			2023
	Rs.	Rs.	Rs.		Rs.		Rs.	Rs.
Revenue
Services to external customers	437,772,931		499,618,488	157,067,968	199,093,675	594,840,899			698,712,163
Inter segment sales	-		-		(2,123,078)		(2,123,076)		(2,123,078)	(2,123,076)
Total Revenue	437,772,931		499,618,488	154,944,890	196,970,599	592,717,821			696,589,087
Results
Net Revenue	437,529,893		498,636,897	154,944,890	196,970,599	592,474,783			695,607,496
Other Income	35,202,809		905,338	10,050,935	8,596,971	45,253,744			9,502,309
Selling & Distribution Costs	(35,578,473)		(48,732,344)	(2,871,826)	(7,375,196)	(38,450,299)			(56,107,540)
Administrative Expenses	(205,642,730)		(191,876,443)	(139,410,609)	(151,632,964)	(345,053,339)			(343,509,407)
Inter segmental eliminations	(27,186,109)		5,396,564		2,132,673		(4,096,176)		(25,053,436)	1,300,388
Profit before tax and finance cost	204,325,390		264,330,012	24,846,063	42,463,234	229,171,453			306,793,246
Finance Costs	(68,038,568)		(151,999,885)	(362,189)	(7,376,739)	(68,400,757)			(159,376,624)
Finance Income	2,576,337		7,595,084	2,031,229	1,101,629	4,607,566			8,696,713
Inter segmental eliminations	2,963,664		2,303,312		(2,003,681)		(1,076,022)		959,983	1,227,290
Profit Before Tax	141,826,823		122,228,523	24,511,422	35,112,102	166,338,245			157,340,625
Income Tax Expense	(41,968,710)		(41,563,568)		(8,889,924)		(15,162,704)		(55,509,309)	(56,726,272)
Profit After Tax	99,858,113		80,664,955	15,621,498	19,949,398	110,828,936			100,614,353
As at 30 September
Assets and Liabilities
Segment Assets	2,761,056,449		2,184,699,525	1,290,254,581	1,365,234,282	4,051,311,030			3,549,933,807
Unallocated Assets	-		-		-		-		-	-
Total Assets	2,761,056,449		2,184,699,525		1,290,254,581		1,365,234,282		4,051,311,030	3,549,933,807
Segment Liabilities	2,331,478,186		1,867,534,156	351,357,959	411,319,522	2,682,836,145			2,278,853,678
Unallocated Liabilities	-		-		-		-		-	-
Total Liabilities	2,331,478,186		1,867,534,156	351,357,959	411,319,522	2,682,836,145			2,278,853,678
Other Segment Information
Total cost incurred during the period to acquire
Property, Plant and Equipment	9,781,811		1,821,890	5,897,245	8,144,030	15,679,056			9,965,920
Depreciation / Amortization	7,682,472		6,355,304	35,603,344	22,521,924	43,285,816			28,877,228
Provision for retirement benefit liability	6,715,500		6,022,998	1,063,500	474,750	7,779,000			6,497,748

ASIA SIYAKA COMMODITIES PLC

SHARE INFORMATION

1. Market prices of the share for the quarter ended 30 September 2024

The shares were listed in the Colombo Stock Exchange on 12th September 2012

	2024/2025- Q2	2023/2024 - Q2
	Rs. Cts.	Date	Rs. Cts.	Date
Highest	4.60	26/Sep/2024	4.70	24/Jul/2023
Lowest	4.00	12/Sep/2024	4.00	25/Aug/2023
Last Traded	4.50	30/Sep/2024	4.30	27/Sep/2023
Closing Price	4.40	30/Sep/2024	4.30	27/Sep/2023

2. Twenty Major Shareholders

	Name of Shareholder		No.of Shares as at	% issued capital
		30.09.2024

1	LANKA COMMODITY BROKERS LIMITED		132,678,464	51.030%
2	DFCC BANK PLC/MASKELIYA TEA EXPORTS (PVT) LTD		30,591,252	11.766%
3	CHADSTONE PVT LTD		13,485,035	5.187%
4	MR K.V. HEWAVITARNE		11,000,000	4.231%
5	MR A.R. COOKE		9,747,143	3.749%
6	MR D.J. WEDANDE		8,403,067	3.232%
7	J.B. COCOSHELL (PVT) LTD		4,288,973	1.650%
8	MR A.D. EDUSSURIYA		3,036,921	1.168%
9	MR W.M.K.S.N.D. FERNANDO		2,625,656	1.010%
10	MR Y. KURUNERU		2,499,063	0.961%
11	MERCHANT BANK OF SRI LANKA & FINANCE PLC / R.M.N.C.BANDRA	2,380,387	0.916%
12	MR. A.M. WEERASINGHE		1,900,617	0.731%
13	DR A.R. MOHAMED		1,323,261	0.509%
14	MR R.C. DISSANAYAKE		1,279,808	0.492%
15	MR B.Y. EDIRISURIYA, MRS. R.D. EDIRISURIYA & MR. P.M. WEERASURIYA	1,125,001	0.433%
16	MISS D.R. EDUSSURIYA		1,006,200	0.387%
17	MR B.L.S. PEIRIS & MRS L.B. PEIRIS		1,000,000	0.385%
18	MR H.K.S. HALLOLUWA		816,407	0.314%
19	MR M.H.A.S.R. PERERA		800,000	0.308%
20	MR. K.M.S.M. RAZIK		750,000	0.288%
			230,737,255	88.745%
	Others		29,262,745	11.255%
			260,000,000	100.000%
3.

	Directors' Shareholding
	Name	No of Shares as at 30	% issued capital	No of Shares as at 30	% issued capital
		September 2024		September 2023
1	Mr. C.L. de Silva	Nil	-	Nil	-
2	Mr. A. R. Cooke	9,747,143	3.75%	9,747,143	3.75%
3	Mr. Y. Kuruneru	2,499,063	0.96%	2,499,063	0.96%
4	Mr. D. J. Wedande	8,403,067	3.23%	8,403,067	3.23%
5	Mr. J. N. Dambawinne	Nil	-	Nil	-
6	Mr. S. G. Amarasuriya	Nil	-	Nil	-
7	Mr. R. C. Dissanayake	1,279,808	0.49%	1,279,808	0.49%
8	Mr. A. Vaithylingam	Nil	-	Nil	-
9	Mr. M.R. Morris	Nil	-	Nil	-
10	Ms. R. Rajapaksa	Nil	-	Nil	-

The percentage of shares held by the public as at 30 September 2024 - 40.4833% comprising 2,020 shareholders.
The float adjusted market capitalization as at 30 September 2024 - Rs. 463,128,912.40
The Float adjusted market capitalization of the Company falls under Option 2 of Rule 7.13.1(i) (b) of the Listing Rules of the Colombo Stock Exchange and the Company has complied with the minimum public holding requirement applicable under the said option.

CORPORATE INFORMATION

NAME OF THE COMPANY COMPANY REGISTRATION NO LEGAL FORM

DATE OF INCORPORATION

NATURE OF BUSINESS

HEAD OFFICE AND REGISTERED OFFICE

BOARD OF DIRECTORS

SUBSIDIARY COMPANIES

SECRETARIES

AUDITORS

BANKERS

ASIA SIYAKA COMMODITIES PLC

PV 3562/PB/PQ

A Public Limited Liability Company

The Company was incorporated bearing Company Registration No. PV 3562 on 16th February 1998 and was converted to a public limited liability company on 28th March 2012 under Company Registration No. PV 3562/PB.

To carry on the business of Tea Brokers, Rubber Brokers, Produce Brokers, Auctioneers, Appraisers, Valuers, Commission Agents and General Agents.

1st Floor, 'Deutsche House'

No.320, T.B. Jayah Mawatha, Colombo 10. Telephone: +94 114600700

Fax: +94 112678145

E-mail: tea@siyaka.lk

Website: www.asiasiyaka.com

Mr. C.L. de Silva - Chairman

Mr. A.R. Cooke - Managing Director

Mr. D.J. Wedande - Executive Director

Mr. S.T. Gunatilleke (Retired w.e.f. 31/07/2024)

Mr. S.G. Amarasuriya - Executive Director

Mr. Y. Kuruneru - Executive Director

Mr. H.R.V. Caldera (Resigned w.e.f. 02/04/2024)

Mr. J.N. Dambawinne

Mr. R.C. Dissanayake - Executive Director

Mr. A. Vaithylingam

Mr. M.R. Morris

Ms. R. Rajapaksa (Appointed w.e.f. 06/08/2024)

Asia Siyaka Warehousing (Pvt) Ltd

Siyaka Produce Brokers (Pvt) Ltd

P W Corporate Secretarial (Pvt) Ltd

3/17, Kynsey Road

Colombo 08.

Telephone: +94 11 4640360-3

Fax: +94 11 4740588

Ernst & Young, Chartered Accountants

201, De Saram Place

Colombo 10.

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