.
ASIA SIYAKA COMMODITIES PLC | ||||
STATEMENT OF FINANCIAL POSITION | ||||
GROUP | COMPANY | |||
Unaudited Unaudited | Unaudited Unaudited | |||
AS AT | 30.06.2025 31.03.2025 Rs. Rs. | 30.06.2025 31.03.2025 Rs. Rs. | ||
ASSETS | ||||
Non Current Assets | ||||
Property, Plant & Equipment | 1,239,913,618 1,191,092,603 | 16,907,197 13,792,497 | ||
Intangible Assets | 4,019,209 5,036,889 | 4,019,209 5,036,889 | ||
Right of Use Asset | 183,321,022 174,890,593 | 45,570,940 48,866,131 | ||
Investments | - - | 368,750,000 368,750,000 | ||
Other Non-Current Financial Assets | 5,655,482 6,171,931 | 5,655,482 6,171,931 | ||
Investment Property | 755,727 755,727 | 755,727 755,727 | ||
Deferred Tax Asset | 97,955,993 91,382,968 | 81,818,563 78,844,621 | ||
1,531,621,051 1,469,330,711 | 523,477,118 522,217,796 | |||
Current Assets | ||||
Inventories | 320,482,699 289,786,772 | 2,127,095 1,814,696 | ||
Trade Receivables | 997,557,835 731,464,725 | 777,920,253 653,309,789 | ||
Loans & Advances | 1,565,471,757 1,166,239,104 | 1,565,471,757 1,166,239,104 | ||
Other Current Financial Assets | 5,252,974 5,504,773 | 5,200,612 5,499,712 | ||
Other Receivables, Prepayments and Advances | 147,834,227 257,611,664 | 59,461,706 52,885,232 | ||
Short Term Investments | 85,618,963 236,135,207 | 85,618,962 84,415,497 | ||
Cash and Cash Equivalents | 680,797,477 580,176,408 | 526,714,349 571,762,693 | ||
3,803,015,932 3,266,918,653 | 3,022,514,734 2,535,926,723 | |||
Total Assets | 5,334,636,983 4,736,249,364 | 3,545,991,852 3,058,144,519 | ||
Capital and Reserves | ||||
Stated Capital | 100,000,000 100,000,000 | 100,000,000 100,000,000 | ||
Revaluation Reserves | 622,313,935 622,313,935 | - - | ||
Revenue Reserves | 674,858,964 691,687,926 | 490,269,912 511,276,373 | ||
Equity Attributable to Equity Holders of the Parent | 1,397,172,899 1,414,001,861 | 590,269,912 611,276,373 | ||
Non-Controlling Interests | 125,244,682 130,536,730 | - - | ||
Total Equity | 1,522,417,581 1,544,538,591 | 590,269,912 611,276,373 | ||
Non Current Liabilities | ||||
Retirement Benefit Obligation | 98,910,153 94,742,232 | 82,253,637 78,476,138 | ||
Deferred Tax Liability | 304,424,440 308,359,340 | 794,557 146,642 | ||
Lease Liability | 134,225,139 106,824,642 | 38,297,088 41,341,264 | ||
537,559,732 509,926,214 | 121,345,282 119,964,044 | |||
Current Liabilities | ||||
Trade Payables | 1,406,891,223 1,272,937,849 | 1,211,131,941 1,071,371,218 | ||
Interest Bearing Borrowings on Client Financing | 1,686,190,225 1,190,820,000 | 1,450,000,000 1,160,000,000 | ||
Sundry Creditors including Accrued Expenses | 80,295,457 122,969,599 | 89,639,311 64,424,935 | ||
Lease Liability | 25,038,810 34,148,798 | 11,420,584 10,935,969 | ||
Income Tax Payable | 17,209,358 23,601,776 | 13,150,225 20,171,980 | ||
Bank Overdraft | 59,034,597 37,306,537 | 59,034,597 - | ||
3,274,659,670 2,681,784,559 | 2,834,376,658 2,326,904,102 | |||
Total Liabilities | 3,812,219,402 3,191,710,773 | 2,955,721,940 2,446,868,146 | ||
Total Equity and Liabilities | 5,334,636,983 4,736,249,364 | 3,545,991,852 3,058,144,519 | ||
- - - - Net Assets per Share (Rs.) 5.86 5.94 2.27 2.35 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. A.R. Cooke Y. Kuruneru Director Director August 11, 2025 | ||||
ASIA SIYAKA COMMODITIES PLC | ||||||||||
STATEMENT OF COMPREHENSIVE INCOME | ||||||||||
GROUP | Variance % 239 666,909 13 14 79 33 (4) 176 (35) (50) (28) 0 0 0 (28) | COMPANY | Variance % (8) 67 (8) (80) 6 11 (26) 81 (45) (18) (51) 0 0 0 (51) | |||||||
For the period ended 30 June | 2025 Quarter Rs. | 2024 Quarter Rs. | 2025 Cumulative Rs. | 2024 Cumulative Rs. | 2025 Quarter Rs. | 2024 Quarter Rs. | 2025 Cumulative Rs. | 2024 Cumulative Rs. | ||
Gross Revenue | 991,850,796 | 292,676,079 | 991,850,796 | 292,676,079 | 204,308,290 | 222,229,076 | 204,308,290 | 222,229,076 | ||
Cost of Sales | (661,246,445) | (99,136) | (661,246,445) | (99,136) | (165,942) | (99,136) | (165,942) | (99,136) | ||
Net Revenue | 330,604,351 | 292,576,943 | 330,604,351 | 292,576,943 | 204,142,348 | 222,129,940 | 204,142,348 | 222,129,940 | ||
Other Income and Gains | 3,602,097 | 3,173,361 | 3,602,097 | 3,173,361 | 6,100,390 | 30,652,808 | 6,100,390 | 30,652,808 | ||
Selling & Distribution Costs | (32,934,601) | (18,361,188) | (32,934,601) | (18,361,188) | (18,077,278) | (17,129,620) | (18,077,278) | (17,129,620) | ||
Administrative Expenses | (220,221,749) | (165,606,606) | (220,221,749) | (165,606,606) | (113,207,713) | (102,034,000) | (113,207,713) | (102,034,000) | ||
Finance Cost | (35,892,798) | (37,284,987) | (35,892,798) | (37,284,987) | (28,937,414) | (38,865,523) | (28,937,414) | (38,865,523) | ||
Finance Income | 4,159,842 | 1,505,696 | 4,159,842 | 1,505,696 | 2,705,967 | 1,491,321 | 2,705,967 | 1,491,321 | ||
Profit/(Loss) Before Tax | 49,317,142 | 76,003,219 | 49,317,142 | 76,003,219 | 52,726,300 | 96,244,926 | 52,726,300 | 96,244,926 | ||
Income Tax Expense | (11,638,152) | (23,423,398) | (11,638,152) | (23,423,398) | (13,932,761) | (16,966,283) | (13,932,761) | (16,966,283) | ||
Profit/(Loss) for the Year | 37,678,990 | 52,579,821 | 37,678,990 | 52,579,821 | 38,793,539.00 | 79,278,643 | 38,793,539 | 79,278,643 | ||
Attributable to: | ||||||||||
Equity Holders of the Parent | 42,971,038 | - | 42,971,038 | - | ||||||
Non-Controlling Interests | (5,292,048) | - | (5,292,048) | - | ||||||
37,678,990 | - | 37,678,990 | - | |||||||
Other Comprehensive Income | ||||||||||
Actuarial Gain/(Loss) for the year | - | - | - | - | - | - | - | - | ||
Income Tax Effect | - | - | - | - | - | - | - | - | ||
Other Comprehensive Income for the year, net of tax | - | - | - | - | - | - | - | - | ||
Total Comprehensive Income for the year, net of tax | 37,678,990 | 52,579,821 | 37,678,990 | 52,579,821 | 38,793,539 | 79,278,643 | 38,793,539 | 79,278,643 | ||
Attributable to: | ||||||||||
Equity Holders of the Parent | 42,971,038 | - | 42,971,038 | - | ||||||
Non-Controlling Interests | (5,292,048) | - | (5,292,048) | - | ||||||
37,678,990 | - | 37,678,990 | - | |||||||
Basic Earnings Per Share (Rs.) | 0.14 | 0.20 | 0.14 | 0.80 | 0.15 | 0.17 | 0.15 | 0.57 | ||
ASIA SIYAKA COMMODITIES PLC | |||||||||
STATEMENT OF CHANGES IN EQUITY | |||||||||
STATED | REVALUATION | ACCUMULATED | TOTAL | NON - CONTROLLING | TOTAL EQUITY | ||||
CAPITAL | RESERVES | PROFITS | INTEREST | ||||||
Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | ||||
GROUP | |||||||||
As at 01 April 2024 | 100,000,000 | 622,313,936 | 600,332,013 | 1,322,645,949 | - | 1,322,645,949 | |||
Net Profit for the period | - | - | 52,579,821 | 52,579,821 | - | 52,579,821 | |||
Revaluation Reserve Transfer | - | - | - | - | - | ||||
Other Comprehensive Income | - | - | - | - | - | - | |||
Total Comprehensive Income | - | - | 52,579,821 | 52,579,821 | - | 52,579,821 | |||
Dividend Paid | - | - | (65,000,000) | (65,000,000) | - | (65,000,000) | |||
As at 30 June 2024 | 100,000,000 | 622,313,936 | 587,911,834 | 1,310,225,770 | - | 1,310,225,770 | |||
As at 01 April 2025 | 100,000,000 | 622,313,935 | 691,687,926 | 1,414,001,861 | 130,536,730 | 1,544,538,591 | |||
Non-Controlling Interests - Note 15 | - | - | - | - | - | ||||
Net Profit for the period | - | - | 42,971,038 | 42,971,038 | (5,292,048) | 37,678,990 | |||
Revaluation Reserve Transfer | - | - | - | - | - | - | |||
Other Comprehensive Income | - | - | - | - | - | - | |||
Total Comprehensive Income | - | - | 42,971,038 | 42,971,038 | (5,292,048) | 37,678,990 | |||
Dividend Paid | - | - | (59,800,000) | (59,800,000) | - | (59,800,000) | |||
As at 30 June 2025 | 100,000,000 | 622,313,935 | 674,858,964 | 1,397,172,899 | 125,244,682 | 1,522,417,581 | |||
STATED | ACCUMULATED | TOTAL EQUITY | |||||||
CAPITAL | PROFITS | ||||||||
Rs. | Rs. | Rs. | |||||||
COMPANY | |||||||||
As at 01 April 2024 | 100,000,000 | 426,487,394 | 526,487,394 | ||||||
Net Profit/(Loss) for the period | - | 79,278,643 | 79,278,643 | ||||||
Other Comprehensive Income | - | - | - | ||||||
Total Comprehensive Income | - | 79,278,643 | 79,278,643 | ||||||
Dividend Paid | - | (65,000,000) | (65,000,000) | ||||||
As at 30 June 2024 | 100,000,000 | 440,766,037 | 540,766,037 | ||||||
As at 01 April 2025 | 100,000,000 | 511,276,373 | 611,276,373 | ||||||
Net Profit/(Loss) for the period | - | 38,793,539 | 38,793,539 | ||||||
Other Comprehensive Income | - | - | - | ||||||
Total Comprehensive Income | - | 38,793,539 | 38,793,539 | ||||||
Dividend Paid | - | (59,800,000) | (59,800,000) | ||||||
As at 30 June 2025 | 100,000,000 | 490,269,912 | 590,269,912 | ||||||
ASIA SIYAKA COMMODITIES PLC | ||||||
STATEMENT OF CASHFLOWS | ||||||
GROUP | COMPANY | |||||
For the period ended 30 June | 2025 Rs. | 2024 Rs. | 2025 Rs. | 2024 Rs. | ||
CASH FLOW FROM/(USED IN) OPERATING ACTIVITIES | ||||||
Profit before Income Tax Expense | 49,317,142 | 76,003,219 | 52,726,300 | 96,244,926 | ||
Adjustment for: | ||||||
Depreciation/Amortization | 22,192,548 | 19,104,815 | 1,810,073 | 808,657 | ||
Depreciation - Right of Use Asset | 2,879,997 | 2,136,854 | 3,295,192 | 2,552,048 | ||
Provision for Retiring Gratuity | 4,375,750 | 3,889,500 | 3,777,499 | 3,357,750 | ||
Finance Income | (4,159,842) | (1,505,696) | (2,705,967) | (1,491,321) | ||
Dividend Received | - | - | - | (26,353,822) | ||
Provision/(Reversal) for Impairment of Loans and Advances | 5,400,000 | 6,000,000 | 5,400,000 | 6,000,000 | ||
Unit Trust Investment Income | (1,203,465) | - | (1,203,465) | - | ||
Finance Cost | 35,892,798 | 37,284,987 | 28,937,414 38,865,523 | |||
Operating Profit before Working Capital Changes | 114,694,928 | 142,913,679 | 92,037,046 | 119,983,761 | ||
Changes in Inventories | (30,695,927) | (235,070) | (312,399) | (235,070) | ||
Changes in Trade and Other Receivables | (157,375,579) | 59,246,427 | (130,371,389) | 71,766,845 | ||
Changes in Loans and Advances | (404,632,653) | 48,654,428 | (404,632,653) | 48,654,428 | ||
Changes in Interest Bearing Borrowings on Client Financing | 495,370,225 | (19,000,000) | 290,000,000 | (19,000,000) | ||
Changes in Trade and Other Payables | 91,279,232 | (29,157,662) | 164,975,099 | (28,672,784) | ||
Income Tax Paid | 108,640,226 (26,710,341) | 202,421,802 (26,678,904) | 11,695,704 (23,280,543) | 192,497,180 (22,028,230) | ||
Defined Benefit Plan Costs Paid | (207,829) | (714,061) | - | (714,060) | ||
Finance Cost Paid | (35,892,798) | (35,529,312) | (27,002,198) | (38,123,769) | ||
Net Cash from Operating Activities | 45,829,257 | 139,499,525 | (38,587,037) 131,631,121 | |||
CASH FLOW FROM/(USED IN) INVESTING ACTIVITIES Acquisition of Property, Plant & Equipment and Intangible Assets | (69,995,883) | (1,754,249) | (3,907,093) | (1,129,499) | ||
Investment in Short Term Investments | 151,719,709 | - | - | - | ||
Finance Income Received | 4,159,842 | 1,505,696 | 2,705,967 | 1,491,321 | ||
Dividend Received | - | - | - 26,353,822 | |||
Net Cash Used in Investing Activities | 85,883,668 | (248,553) | (1,201,126) 26,715,644 | |||
CASH FLOW FROM/(USED IN) FINANCING ACTIVITIES Dividend Paid | (59,800,000) | (65,000,000) | (59,800,000) | (65,000,000) | ||
Repayment of Borrowings | - | (8,333,333) | - | - | ||
Repayments Under Lease Liabilities | 6,980,083 | (2,744,033) | (4,494,778) | (2,293,287) | ||
Net Cash Used in Financing Activities | (52,819,917) | (76,077,366) | (64,294,778) | (67,293,287) | ||
Net Increase/(Decrease) in Cash and Cash Equivalents | 78,893,009 | 63,173,606 | (104,082,941) | 91,053,478 | ||
Cash and Cash Equivalents at the Beginning of the period | 542,869,871 | (47,713,074) | 571,762,693 | (53,182,737) | ||
Cash and Cash Equivalents at the End of the period | 621,762,880 | 15,460,532 | 467,679,752 | 37,870,741 | ||
Analysis of Cash and Cash Equivalents | ||||||
Favourable Balance | ||||||
Cash at Bank and in Hand | 680,797,477 | 41,775,721 | 526,714,349 | 37,870,741 | ||
Unfavourable Balance | ||||||
Bank Overdrafts | (59,034,597) | (26,315,189) | (59,034,597) | - | ||
621,762,880 | 15,460,532 | 467,679,752 | 37,870,741 | |||
Notes
Financial year of the Company ends on 31st March. Quarterly figures are for 3 months ended on 30 June 2025
Figures for the period ended on 30 June 2025 are provisional and subject to audit.
Number of fully paid ordinary shares as at 30 June 2025 - 260,000,000 (31st March 2025 - 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 draft financial statements 2024/2025. The previous year's figures and phrases have been re-arranged wherever necessary to conform to the current year presentation.
Investments
Asia Siyaka Group consists of Asia Siyaka Warehousing (Pvt) Ltd and Siyaka Produce Brokers (Pvt) Ltd which are fully owned subsidiaries and AgriOne Solutions (Pvt) Ltd with a controlling stake of 55.87%.
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 June 2025.
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 (Private) Limited 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.
AgriOne Solutions (Private) Limited has entered into a 5 year lease agreement for warehousing commencing March 2025 for a total lease rent of Rs. 143Mn.
Related Party Transactions
The nature of related party transactions in the current period is similar to those reported in the draft Financial Statements - 2024/2025
Other Disclosure
AgriOne Solutions (Private) Limited recorded a net loss of Rs.12Mn for the quarter due to the early stages of operation.
ASIA SIYAKA COMMODITIES PLC
16. Segment Information
Broking
Warehousing
Agriculture
Total
For the period ended 30 June
2025
2024
2025
2024
2025
2024
2025
2024
Rs.
Rs.
Rs.
Rs.
Rs.
Rs.
Rs.
Rs.
Revenue
Services to external customers
204,308,290
222,229,076
83,248,947
71,508,542
705,355,097
-
992,912,334
293,737,618
Inter segment sales
-
-
(1,061,538)
(1,061,539)
-
-
(1,061,538)
(1,061,539)
Total Revenue
204,308,290
222,229,076
82,187,409
70,447,003
705,355,097
-
991,850,796
292,676,079
Results
Net Revenue
204,142,348
222,129,940
82,187,409
70,447,003
44,274,594
-
330,604,351
292,576,943
Other Income
6,100,390
30,652,808
5,571,766
4,992,467
-
-
11,672,156
35,645,275
Selling & Distribution Costs
(18,077,278)
(17,129,620)
(2,548,852)
(1,400,698)
(12,524,029)
-
(33,150,159)
(18,530,318)
Administrative Expenses
(113,207,713)
(102,034,000)
(71,560,273)
(70,171,762)
(43,958,457)
-
(228,726,443)
(172,205,762)
Inter segmental eliminations
530,135
(26,744,796)
120,059
(277,093)
-
650,194
(27,021,889)
Profit before tax and finance cost
79,487,882
106,874,332
13,770,109
3,589,917
(12,207,891)
-
81,050,100
110,464,249
Finance Costs
(28,937,414)
(38,865,523)
(5,250)
(236,091)
(8,679,620)
-
(37,622,284)
(39,101,614)
Finance Income
2,705,967
1,491,321
1,408,267
1,332,637
1,445,681
-
5,559,915
2,823,958
Inter segmental eliminations
1,729,484
1,816,626
(1,400,073)
-
-
-
329,411
1,816,626
Profit Before Tax
54,985,919
71,316,756
13,773,053
4,686,463
(19,441,830)
-
49,317,142
76,003,219
Income Tax Expense
(13,932,761)
(16,966,283)
(5,155,270)
(1,806,440)
7,449,879
-
(11,638,152)
(23,423,398)
Profit After Tax
41,053,158
54,350,473
8,617,783
2,880,023
(11,991,951)
-
37,678,990
52,579,821
As at 30 June
Assets and Liabilities
Segment Assets
3,173,941,482
2,473,987,836
1,285,360,608
1,291,352,616
875,334,893
-
5,334,636,983
3,765,340,452
Unallocated Assets
-
- -
-
-
-
-
-
Total Assets
3,173,941,482
2,473,987,836
1,285,360,608
1,291,352,616
875,334,893
-
5,334,636,983
3,765,340,452
Segment Liabilities
2,870,791,468
2,067,194,569
355,564,823
387,920,113
585,863,111
3,812,219,402
2,455,114,682
Unallocated Liabilities
-
- -
-
-
-
-
-
Total Liabilities
2,870,791,468
2,067,194,569
355,564,823
387,920,113
585,863,111
-
3,812,219,402
2,455,114,682
Other Segment Information
Total cost incurred during the period to acquire Property, Plant and Equipment
3,907,093
1,129,499
19,569,063
624,750
46,519,727
-
69,995,883
1,754,249
Depreciation / Amortization
5,105,265
3,360,705
18,739,700
17,880,964
1,227,580
-
25,072,545
21,241,669
Provision for retirement benefit liability
3,777,499
3,357,750
598,251
598,251
-
-
4,375,750
3,956,001
ASIA SIYAKA COMMODITIES PLC
SHARE INFORMATION
1. Market prices of the share for the quarter ended 30 June 2025
The shares were listed in the Colombo Stock Exchange on 12th September 2012 Stock Symbol - ASIY.N0000
ISIN - LK0419N00008 2025/2026- Q12024/2025 - Q1
Rs. Cts.
Date
Rs. Cts.
Date
Highest
7.60
22-May-2025
4.70
5-Jun-2024
Lowest
5.70
7-Apr-2025
4.10
4-Apr-2024
Last Traded
6.80
30-Jun-2025
4.30
28-Jun-2024
Closing Price
6.70
30-Jun-2025
4.30
28-Jun-2024
2.
Twenty Major Shareholders
Name of Shareholder No.of Shares as at % issued capital 30.06.2025
1 Lanka Commodity Brokers Limited
132,678,464
51.030
2 DFCC Bank PLC/Maskeliya Tea Exports (Pvt) Ltd
23,347,597
8.980
3 Chadstone Pvt Ltd
13,485,035
5.187
4 Mr. K.V. Hewavitarne
12,510,000
4.812
5 Mr. A.R. Cooke
9,747,143
3.749
6 Mr. D.J. Wedande
8,403,067
3.232
7 Mr. A.D. Edussuriya
3,036,921
1.168
8 Mr. A.M. Weerasinghe
2,700,617
1.039
9 Mr. W.M.K.S.N.D. Fernando
2,625,656
1.010
10 Mr. G.B.D. Thilakaratne
2,500,000
0.962
11 Mr. Y. Kuruneru
2,499,063
0.961
12 People S Leasing And Finance PLC/L.P.Hapangama
2,274,895
0.875
13 People'S Leasing & Finance PLC/H.L.M.P.Haradasa
1,620,447
0.623
14 Dr. A.R. Mohamed
1,531,650
0.589
15 Mr. B.Y. Edirisuriya & Mrs. R.D.Edirisuriya,Mr. P.M.Weerasuriya
1,518,039
0.584
16 Mr. J.D. Bandaranayake & Dr. (Mrs.) V.Bandaranayake,Miss I.Bandaranayake
1,502,125
0.578
17 Mr. J.D. Bandaranayake & Miss. N.Bandaranayake,Dr. (Mrs.) V.Bandaranayake
1,498,142
0.576
18 Mr. R.C. Dissanayake
1,279,808
0.492
19 Miss. D.R. Edussuriya
1,006,200
0.387
20 Mr. B.L.S. Peiris & Mrs. L.B.Peiris
1,000,000
0.385
226,764,869
87.217
OTHERS
33,235,131
12.783
260,000,000
100.000
3.
Directors' Shareholding
No of Shares as No of Shares as at
Name at 30 June 2025 % issued capital 30 June 2024
% issued capital
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%
9 Mr. M.R. Morris
Nil
-
Nil
-
10 Ms. R. Rajapaksa
Nil
-
Nil
-
The percentage of shares held by the public as at 30 June 2025 - 40.4833% comprising 2,233 shareholders
The float adjusted market capitalization as at 30 June 2025 - Rs. 705,219,026
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.
NAME OF THE COMPANY ASIA SIYAKA COMMODITIES PLC
COMPANY REGISTRATION NO PV 3562/PB/PQ
LEGAL FORM A Public Limited Liability Company
DATE OF INCORPORATION
NATURE OF BUSINESS
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.
HEAD OFFICE AND REGISTERED OFFICE 1st Floor, 'Deutsche House'
No.320, T.B. Jayah Mawatha, Colombo 10. Telephone: +94 114600700
Fax: +94 112678145
E-mail: tea@siyaka.lk Website: https://www.asiasiyaka.com
BOARD OF DIRECTORS Mr. C.L. de Silva - Chairman
Mr. A.R. Cooke - Managing Director Mr. D.J. Wedande - Executive Director
Mr. S.G. Amarasuriya - Executive Director Mr. Y. Kuruneru - Executive Director
Mr. J.N. Dambawinne
Mr. R.C. Dissanayake - Executive Director Mr. M.R. Morris
Ms. R. Rajapaksa
SUBSIDIARY COMPANIES Asia Siyaka Warehousing (Pvt) Ltd Siyaka Produce Brokers (Pvt) Ltd Agrione Solutions (Pvt) Ltd
SECRETARIES P W Corporate Secretarial (Pvt) Ltd 3/17, Kynsey Road
Colombo 08.
Telephone: +94 11 4640360-3
Fax: +94 11 4740588
AUDITORS Ernst & Young, Chartered Accountants 201, De Saram Place
Colombo 10.
BANKERS NDB Bank PLC Bank of Ceylon Commercial Bank of Ceylon PLC Sampath Bank PLC
Peoples Bank Seylan Bank PLC
DFCC Vardhana Bank PLC Amana Bank PLC Hatton National Bank PLC
