Asia Siyaka Commodities PlcCSELK: ASIY.N0000

Interim Financial Statements as of 31.03.2025

May 27, 2025 at 3:06 AM UTC · Issued by Asia Siyaka Commodities Plc

ASIA SIYAKA COMMODITIES PLC INTERIM FINANCIAL STATEMENTS 31 March 2025

ASIA SIYAKA COMMODITIES PLC
STATEMENT OF FINANCIAL POSITION
	GROUP		COMPANY
	Unaudited	Audited		Unaudited	Audited
AS AT	31.03.2025	31.03.2024		31.03.2025	31.03.2024
	Rs.	Rs.		Rs.	Rs.
ASSETS
Non Current Assets
Property, Plant & Equipment	1,191,961,695	1,219,827,485		13,792,496	10,904,104
Intangible Assets	5,036,888	684,274		5,036,888	684,274
Right of Use Asset	67,759,970	56,066,527		48,866,131	38,833,463
Investments	-	-		368,750,000	190,250,000
Other Receivables	6,171,931	8,118,954		6,171,931	8,118,954
Investment Property	755,727	755,727		755,727	755,727
Deferred Tax Asset	83,987,869	74,663,544		78,844,623	70,176,992
	1,355,674,080	1,360,116,511		522,217,796	319,723,514
Current Assets
Inventories	14,589,545	4,468,834		1,814,696	4,363,173
Trade Receivables	760,871,499	886,689,281		681,420,562	835,582,504
Loans & Advances	1,166,239,103	1,500,020,496		1,166,239,103	1,500,020,496
Other Receivables, Prepayments and Advances	274,674,554	61,813,548		58,382,201	57,487,013
Short Term Investments	84,415,497	40,556,488		84,415,497	40,556,488
Cash and Cash Equivalents	464,057,098	118,679,487		341,685,294	113,209,824
	2,764,847,296	2,612,228,134		2,333,957,353	2,551,219,498
Total Assets	4,120,521,376	3,972,344,645		2,856,175,149	2,870,943,012
Capital and Reserves
Stated Capital	100,000,000	100,000,000		100,000,000	100,000,000
Revaluation Reserves	622,313,935	622,313,936		-	-
Revenue Reserves	689,157,468	600,332,014		511,276,373	426,487,394
Equity Attributable to Equity Holders of the Parent	1,411,471,403	1,322,645,950		611,276,373	526,487,394
Non-Controlling Interests	128,537,998	-		-	-
Total Equity	1,540,009,401	1,322,645,950		611,276,373	526,487,394
Non Current Liabilities
Retirement Benefit Obligation	94,742,231	77,618,812		78,476,137	63,541,703
Deferred Tax Liability	304,391,415	304,780,848		146,642	488,232
Lease Liability	39,373,018	30,203,886		41,341,263	35,350,412
	438,506,664	412,603,546		119,964,042	99,380,347
Current Liabilities
Interest Bearing Borrowings	-	10,585,954		-	-
Trade Payables	1,039,304,508	1,051,112,103		1,089,361,926	1,105,340,647
Interest Bearing Borrowings on Client Financing	905,820,000	886,000,000		875,000,000	886,000,000
Sundry Creditors including Accrued Expenses	114,205,628	88,222,274		77,689,459	52,201,664
Lease Liability	7,695,999	5,146,526		10,935,969	7,700,299
Income Tax Payable	23,203,776	29,635,731		20,171,980	27,440,100
Bank Overdraft	51,775,400	166,392,561		51,775,400	166,392,561
	2,142,005,311	2,237,095,149		2,124,934,734	2,245,075,271
Total Liabilities	2,580,511,975	2,649,698,695		2,244,898,776	2,344,455,618
Total Equity and Liabilities	4,120,521,376	3,972,344,645		2,856,175,149	2,870,943,012

- -				-	-
Net Assets per Share (Rs.) 5.92 5.09				2.35	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.
Y. Kuruneru Director May 26, 2025	D. Wedande Director

ASIA SIYAKA COMMODITIES PLC
STATEMENT OF COMPREHENSIVE INCOME
	GROUP				Variance % (8) (74) (8) (2) (41) 9 (49) (8) 2 7 (1) (32) (32) (32) (1)	COMPANY				Variance % (8) (74) (8) 312 (42) 13 (46) (42) 27 (0) 42 (1) (1) (1) 43
For the period ended 31 March	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	294,953,397	295,131,759	1,170,032,145	1,275,474,802		212,630,658	221,035,813	843,522,487	920,259,031
Cost of Sales	(98,000)	(144,417)	(426,038)	(1,617,961)		(98,000)	(144,417)	(426,038)	(1,617,961)
Net Revenue	294,855,397	294,987,342	1,169,606,107	1,273,856,841		212,532,658	220,891,396	843,096,449	918,641,070
Other Income and Gains	7,902,555	13,547,688	21,251,168	21,624,703		9,687,144	11,191,074	53,427,473	12,982,410
Selling & Distribution Costs	(12,111,505)	(45,986,871)	(71,110,937)	(121,149,770)		(9,677,050)	(44,576,663)	(64,246,357)	(110,818,288)
Administrative Expenses	(199,212,742)	(136,587,354)	(688,802,710)	(634,623,855)		(113,506,647)	(82,243,604)	(420,302,635)	(371,065,477)
Finance Cost	(30,921,327)	(33,951,108)	(119,856,564)	(234,890,553)		(32,572,329)	(34,991,055)	(125,660,224)	(230,719,063)
Finance Income	6,179,207	2,535,924	12,123,397	13,147,951		1,699,625	2,520,974	7,602,439	13,097,341
Profit/(Loss) Before Tax	66,691,585	94,545,621	323,210,461	317,965,317		68,163,401	72,792,122	293,917,145	232,117,993
Income Tax Expense	(29,258,881)	(29,645,678)	(116,759,091)	(108,754,110)		(21,886,989)	(27,304,557)	(84,482,099)	(84,778,814)
Profit/(Loss) for the Year	37,432,704	64,899,943	206,451,370	209,211,207		46,276,412	45,487,565	209,435,046	147,339,179
Attributable to:
Equity Holders of the Parent	45,413,115	-	214,431,781	-
Non-Controlling Interests	(7,980,411)	-	(7,980,411)	-
Non-Controlling Interests	37,432,704	-	206,451,370	-
Other Comprehensive Income
Actuarial Gain/(Loss) for the year	(4,866,181)	(7,187,191)	(4,866,181)	(7,187,191)		(3,494,381)	(3,540,465)	(3,494,381)	(3,540,465)
Income Tax Effect	1,459,854	2,156,157	1,459,854	2,156,157		1,048,314	1,062,140	1,048,314	1,062,140
Other Comprehensive Income for the year, net of tax	(3,406,327)	(5,031,034)	(3,406,327)	(5,031,034)		(2,446,067)	(2,478,325)	(2,446,067)	(2,478,325)
Other Comprehensive Income for the year, net of tax
Total Comprehensive Income for the year, net of tax	34,026,377	59,868,909	203,045,043	204,180,173		43,830,345	43,009,240	206,988,979	144,860,854
Attributable to:
Equity Holders of the Parent	42,006,788	-	211,025,454	-
Non-Controlling Interests	(7,980,411)	-	(7,980,411)	-
Non-Controlling Interests	34,026,377	-	203,045,043	-
Basic Earnings Per Share (Rs.)	0.14	0.25	0.79	0.80		0.18	0.17	0.81	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 2023	100,000,000	622,313,936	539,151,840	1,261,465,776	-	1,261,465,776
Net Profit for the period	-	-	209,211,207	209,211,207	-	209,211,207
Revaluation Reserve Transfer	-	-	-	-		-
Other Comprehensive Income	-	-	(5,031,034)	(5,031,034)	-	(5,031,034)
Total Comprehensive Income	-	-	204,180,173	204,180,173	-	204,180,173
Dividend Paid	-	-	(143,000,000)	(143,000,000)	-	(143,000,000)
As at 31 March 2024	100,000,000	622,313,936	600,332,013	1,322,645,949	-	1,322,645,949
As at 01 April 2024	100,000,000	622,313,935	600,332,014	1,322,645,949	-	1,322,645,949
Non-Controlling Interests - Note 15	-	-	-	-	136,518,409	136,518,409
Net Profit for the period	-	-	214,431,781	214,431,781	(7,980,411)	206,451,370
Revaluation Reserve Transfer	-	-	-	-	-	-
Other Comprehensive Income	-	-	(3,406,327)	(3,406,327)	-	(3,406,327)
Total Comprehensive Income	-	-	211,025,454	211,025,454	(7,980,411)	203,045,043
Dividend Paid	-	-	(122,200,000)	(122,200,000)	-	(122,200,000)
As at 31 March 2025	100,000,000	622,313,935	689,157,468	1,411,471,403	128,537,998	1,540,009,401
				STATED	ACCUMULATED	TOTAL EQUITY
				CAPITAL	PROFITS
				Rs.	Rs.	Rs.
COMPANY
As at 01 April 2023				100,000,000	424,626,540	524,626,540
Net Profit/(Loss) for the period				-	147,339,179	147,339,179
Other Comprehensive Income				-	(2,478,325)	(2,478,325)
Total Comprehensive Income				-	144,860,854	144,860,854
Dividend Paid				-	(143,000,000)	(143,000,000)
As at 31 March 2024				100,000,000	426,487,394	526,487,394
As at 01 April 2024				100,000,000	426,487,394	526,487,394
Net Profit/(Loss) for the period				-	209,435,046	209,435,046
Other Comprehensive Income				-	(2,446,067)	(2,446,067)
Total Comprehensive Income				-	206,988,979	206,988,979
Dividend Paid				-	(122,200,000)	(122,200,000)
As at 31 March 2025				100,000,000	511,276,373	611,276,373

ASIA SIYAKA COMMODITIES PLC STATEMENT OF CASHFLOWS
	GROUP		COMPANY
For the period ended 31 March	2025 Rs.	2024 Rs.	2025 Rs.	2024 Rs.
CASH FLOW FROM/(USED IN) OPERATING ACTIVITIES Profit before Income Tax Expense	323,210,461	317,965,317	293,917,145	232,117,993
Adjustment for: Depreciation/Amortization	80,080,134	79,019,268	6,160,054	2,278,831
Depreciation - Right of Use Asset	6,844,460	8,719,599	8,505,235	10,380,378
Provision for Retiring Gratuity	14,697,619	13,919,288	12,154,113	11,692,866
Finance Income	(12,123,397)	(13,147,951)	(7,602,439)	(13,097,341)
(Gains)/Loss on Sale of Property, Plant and Equipment	(625,576)	(913,564)	-	(411,000)
Dividend Received	-	-	(26,353,822)	-
Provision/(Reversal) for Impairment of Loans and Advances	14,763,814	58,599,153	14,763,814	58,599,152
Provision/(Reversal) for Impairment of Trade Receivables	-	2,313,534	-	2,053,331
Bad Debt Written off - Loans and Advances	-	6,027,072	-	6,027,072
Bad Debt Written off - Trade Receivables Unit Trust Investment Income	- (3,621,246)	4,428 -	- (3,621,246)	4,428
Finance Cost	119,856,564	234,890,553	125,660,224	230,719,063
Operating Profit before Working Capital Changes	543,082,833	707,396,697	423,583,078	540,364,773
Changes in Inventories	(10,120,711)	(909,256)	2,548,477	(909,257)
Changes in Trade and Other Receivables	(96,702,858)	(133,895,114)	154,994,058	(134,697,461)
Changes in Loans and Advances	319,017,579	104,300,050	319,017,579	104,300,051
Changes in Interest Bearing Borrowings on Client Financing	19,820,000	(104,000,000)	(11,000,000)	(104,000,000)
Changes in Trade and Other Payables	13,807,345	46,900,378	9,509,074	109,015,192
	788,904,188	619,792,756	898,652,266	514,073,298
Income Tax Paid	(119,719,403)	(129,189,504)	(99,491,407)	(111,328,291)
Defined Benefit Plan Costs Paid	(2,440,381)	(2,817,131)	(714,060)	(2,022,559)
Finance Cost Paid	(114,766,677)	(229,309,746)	(116,976,351)	(222,809,244)
Net Cash from Operating Activities	551,977,727	258,476,374	681,470,448	177,913,204
CASH FLOW FROM/(USED IN) INVESTING ACTIVITIES Acquisition of Property, Plant & Equipment and Intangible Assets	(55,791,958)	(34,106,445)	(13,401,060)	(10,721,343)
Proceeds from Disposal of Property ,Plant & Equipment	625,576	913,564	-	411,000
Investment in Short Term Investments	(40,237,763)	(7,272,542)	(40,237,763)	(7,272,542)
Net Investments in Subsidiaries - Note No 15	135,992,933	-	(178,500,000)	-
Finance Income Received	12,123,397	13,147,951	7,602,439	13,097,341
Dividend Received	-	-	26,353,822	-
Net Cash Used in Investing Activities	52,712,185	(27,317,472)	(198,182,562)	(4,485,544)
CASH FLOW FROM/(USED IN) FINANCING ACTIVITIES Dividend Paid	(122,200,000)	(143,000,000)	(122,200,000)	(143,000,000)
Repayment of Borrowings	(10,585,954)	(64,414,048)	-	-
Proceeds from Borrowings	-	-	-	-
Repayments Under Lease Liabilities	(11,909,186)	(10,385,152)	(17,995,255)	(14,625,571)
Net Cash Used in Financing Activities	(144,695,140)	(217,799,200)	(140,195,255)	(157,625,571)
Net Increase/(Decrease) in Cash and Cash Equivalents	459,994,772	13,359,702	343,092,631	15,802,089
Cash and Cash Equivalents at the Beginning of the period	(47,713,074)	(61,072,776)	(53,182,737)	(68,984,826)
Cash and Cash Equivalents at the End of the period	412,281,698	(47,713,074)	289,909,894	(53,182,737)
Analysis of Cash and Cash Equivalents Favourable Balance Cash at Bank and in Hand	464,057,098	118,679,487	341,685,294	113,209,824
Unfavourable Balance Bank Overdrafts	(51,775,400)	(166,392,561)	(51,775,400)	(166,392,561)
	412,281,698	(47,713,074)	289,909,894	(53,182,737)

ASIA SIYAKA COMMODITIES PLC

Notes

Financial year of the Company ends on 31st March. Quarterly figures are for 3 months ended on 31 March 2025
Figures for the period ended on 31 March 2025 are provisional and subject to audit.
Number of fully paid ordinary shares as at 31 March 2025 - 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 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 31 March 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 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

	Rs.
Assets
Property, Plant and Equipment	775,000
Other Receivables	118,890
Cash in hand and at bank	314,492,933
Total Assets	315,386,823
Liabilities
Other Payables	368,414
Total Liabilities	368,414
Total Identifiable Net Assets	315,018,409
Purchase Consideration	(178,500,000)
Net Cash Acquired with the Subsidiary	314,492,933
Net Cash Flow on Acquisition	135,992,933
Non-Controlling Interests
Non-Controlling Interests Value - 44.13%	141,000,000
Pre-Acquisition loss	(4,481,591)
	136,518,409

ASIA SIYAKA COMMODITIES PLC

Notes - Cont.

15. Acquisition of Subsidiary - AgriOne Solutions (Pvt) Ltd

The company acquired a controlling stake of 55.87% in AgriOne Solutions (Private) Limited at a consideration of Rs.178,500,000 on 24th December 2024.

The fair value of assets acquired and liabilities assumed are as follows.

ASIA SIYAKA COMMODITIES PLC 16. Segment Information
	Broking			Warehousing				Agriculture						Total
For the period ended 31 March	2025	2024		2025		2024		2025				2024		2025			2024
Revenue	Rs.	Rs.		Rs.		Rs.		Rs.				Rs.		Rs.			Rs.
Services to external customers	843,522,487	920,259,031		330,755,812		359,461,923		-				-		1,174,278,299			1,279,720,954
Inter segment sales	-	-		(4,246,156)		(4,246,154)		-				-		(4,246,156)			(4,246,154)
Total Revenue	843,522,487		920,259,031		326,509,656		355,215,769		-		-			1,170,032,143		1,275,474,800
Results Net Revenue	843,096,449	918,641,070		326,509,656		355,215,769		-		-			1,169,606,105		1,273,856,839
Other Income	53,427,473	12,982,410		18,654,240		18,277,644		-		-			72,081,713		31,260,054
Selling & Distribution Costs	(64,246,357)	(110,818,288)		(7,186,305)		(11,043,755)		(486,075)		-			(71,918,737)		(121,862,043)
Administrative Expenses	(420,353,763)	(371,092,785)		(272,770,806)		(275,054,920)		(21,947,840)		-			(715,072,409)		(646,147,705)
Inter segmental eliminations	(28,175,917)	10,811,581		4,422,874		(8,210,806)				-			(23,753,043)		2,600,775
Profit before tax and finance cost	383,747,885		460,523,988		69,629,659		79,183,932		(22,433,915)			-		430,943,629		539,707,920
Finance Costs	(125,660,224)	(230,719,063)		(384,139)		(9,755,291)		(121,340)		-			(126,165,703)		(240,474,354)
Finance Income	7,602,439	13,097,341		4,604,840		3,299,660		4,471,388		-			16,678,667		16,397,001
Inter segmental eliminations	6,309,137	5,583,800		(4,555,269)		(3,249,050)		-		-			1,753,868		2,334,750
Profit Before Tax	271,999,237		248,486,066		69,295,091		69,479,251		(18,083,867)			-		323,210,461		317,965,317
Income Tax Expense	(89,132,774)	(84,778,814)		(27,626,317)		(23,975,296)		-		-			(116,759,091)		(108,754,110)
Profit After Tax	182,866,463		163,707,252		41,668,774		45,503,955		(18,083,867)			-		206,451,370		209,211,207
As at 31 March
Assets and Liabilities Segment Assets	2,483,474,586	2,674,344,319		1,305,666,831		1,298,000,317		331,379,959		-			4,120,521,376		3,972,344,636
Unallocated Assets	-	-		-		-		-		-			-		-
Total Assets	2,483,474,586		2,674,344,319		1,305,666,831		1,298,000,317		331,379,959		-			4,120,521,376		3,972,344,636
Segment Liabilities	2,189,752,224	2,282,653,851		356,314,335		367,044,836		34,445,416					2,580,511,975		2,649,698,687
Unallocated Liabilities	-	-		-		-		-		-			-		-
Total Liabilities	2,189,752,224		2,282,653,851		356,314,335		367,044,836		34,445,416		-			2,580,511,975		2,649,698,687
Other Segment Information Total cost incurred during the period to acquire Property, Plant and Equipment	13,401,060	10,721,343		21,805,407		23,385,102		20,585,491		-			55,791,958		34,106,445
Depreciation / Amortization	14,665,289	12,659,209		72,259,305		75,079,658		-		-			86,924,594		87,738,867
Provision for retirement benefit liability	12,154,113	11,692,866		2,543,506		2,226,422		-		-			14,697,619		13,919,288

ASIA SIYAKA COMMODITIES PLC

SHARE INFORMATION

1. Market prices of the share for the quarter ended 31 March 2025

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

2024/2025- Q4				2023/2024 - Q4
		Rs. Cts.	Date	Rs. Cts.	Date
	Highest	6.90	3-Feb-2025	4.20	28-Mar-2024
	Lowest	5.90	27-Mar-2025	4.00	27-Mar-2024
	Last Traded	6.10	28-Mar-2025	4.20	28-Mar-2024
	Closing Price	6.00	28-Mar-2025	4.10	28-Mar-2024
2.	Twenty Major Shareholders
Name of Shareholder No.of Shares as at % issued capital 28.03.2025
1 LANKA COMMODITY BROKERS LIMITED				132,678,464	51.030
2 DFCC BANK PLC/MASKELIYA TEA EXPORTS (PVT) LTD				26,445,455	10.171
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. Y. KURUNERU				2,499,063	0.961
11 MR. G.B.D. THILAKARATNE				2,000,000	0.769
12 MR. B.Y. EDIRISURIYA & MRS. R.D.EDIRISURIYA,MR. P.M.WEERASURIYA				1,750,384	0.673
13 PEOPLE S LEASING AND FINANCE PLC/L.P.HAPANGAMA				1,617,506	0.622
14 PEOPLE'S LEASING & FINANCE PLC/L.H.L.M.P.HARADASA				1,539,696	0.592
15 MR. J.D. BANDARANAYAKE & DR. (MRS.) V.BANDARANAYAKE,MISS I.BANDARANAYAKE				1,502,125	0.578
16 MR. J.D. BANDARANAYAKE & MISS. N.BANDARANAYAKE,DR. (MRS.) V.BANDARANAYAKE				1,498,142	0.576
17 DR. A.R. MOHAMED				1,464,159	0.563
18 MR. R.C. DISSANAYAKE				1,279,808	0.492
19 MERCHANT BANK OF SRI LANKA & FINANCE PLC/R.M.N.C. BANDRA				1,148,912	0.442
20 MISS. D.R. EDUSSURIYA				1,006,200	0.387
				228,938,353	88.053
OTHERS				31,061,647	11.947
				260,000,000	100.000
3. Directors' Shareholding No of Shares as					No of Shares as at
Name at 31 march 2025 1 Mr. C.L. de Silva Nil				% issued capital -	31 March 2024 Nil	% issued capital -
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 (Resigned w e f. 15/02/2025) 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 31 March 2025 - 40.4833% comprising 2,095 shareholders The float adjusted market capitalization as at 31 March 2025 - Rs. 631,539,426 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.

ASIA SIYAKA COMMODITIES PLC CORPORATE INFORMATION

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.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 (Resigned w e f. 15/02/2025) Mr. M.R. Morris

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

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

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