For the twelve months ended 31 March 2025
The information contained in these statements have been extracted from the unaudited financial statements of the Company unless indicated as audited.CORPORATE INFORMATION | |
Domicile & Legal Form Principal Activity & Nature of the Company Company Reg. No. Board of Directors Secretaries Registrars Auditors Bankers Factory & Office Registered Office | Dankotuwa Porcelain PLC is a Public Quoted Company with limited liability, incorporated under provisions of the Companies Act No. 17 of 1982 (Registered as a Private Limited Company in Sri Lanka on 06 January 1984 and converted to a Public Company by a special resolution on 08 July 1994). Re-registered under the Companies Act No. 07 of 2007. |
Quoted on the Colombo Stock Exchange on the 21 February 1995. Manufacturing and Marketing of Porcelain Tableware, Targeted to Export and Domestic Markets PQ 79 Mr. R P Pathirana - Chairman Mr. C S Karunasena - Director Mr.R S Egodage - Director Ms.S N Egodage - Director Ms.L Rajendran - Director Dr.L H K Perera - Director Mr.V Aslibekyan - Director Mr.P.D.C.N Gunawardana - Director Mr.C Gamage - Director Mr.S.L Sebastian - Director Mr.R.T Devasurendra - Director NEXIA CORPORATE CONSULTANTS (PRIVATE) LIMITED No. 130, Second Floor, Nawala Road, Narahenpita, Colombo 05. S S P CORPORATE SERVICES (PRIVATE) LIMITED 101, Inner Flower Road, Colombo 3 ERNST & YOUNG Chartered Accountants, Rotunda Tower,No 109,Galle Road,Colombo 03 Bank of Ceylon Cargills Bank Sri Lanka Commercial Bank of Ceylon PLC Hattion National BanK PLC National Development Bank PLC Nations Trust Bank PLC Pan Asia Banking Corporation PLC People's Bank PLC Sampath Bank PLC Seylan Bank PLC Kurunegala Road Dankotuwa, Sri Lanka Telephone - '+94 31 5500500 Fax - '+94 31 5500599 Email :info@dankotuwa.com Website :https://www.dankotuwa.com No. 1, Alfred House Avenue, Colombo 03, Sri Lanka. Telephone - '+94 31 5500500 Fax - '+94 31 5500599 Email :info@dankotuwa.com Website :https://www.dankotuwa.com | |
1
Royal Fernwood Porcelain Limited Dankotuwa Singapore Pte.Ltd Kirulapone |
194, High Level Road (Opposite Siebel Avenue) |
Colombo 6, Sri Lanka |
Tel: +94-11-5665000 Cinnamon Garden 47, Guildford Crescent Colombo 7, Sri Lanka Tel: +94-11-5305555 Negombo No. 389 C, Main Street Negombo Tel: +94-31-5205205 Shangri-La Shopping Mall 1 Galle Face L3-51 Colombo 03 Tel:+94-11-5666222 Factory Showroom Kurunegala Road Dankotuwa, Sri Lanka Tel: +94-31-5500545 Australia,Bahrain,Germany,Iceland,India, Italy, J Nepal, Norway, Oman, Singapore, Saudi Arabia,S Uzbekistan and UAE. |
apan, Kenya, Korea, Maldives, outh Africa, Sweden, UK, USA,
CORPORATE INFORMATION
DANKOTUWA PORCELAIN PLC STATEMENT OF PROFIT OR LOSS
For the Period Ended 31st March,
Revenue Cost of Sales Gross Profit
Other Income
Selling and Distribution Expenses Administrative Expenses
Net Finance (Cost) / Income
Fair Value Gain from Investment in Subsidiaries
Profit /(Loss) Before Tax
Income /Deferred Tax ( Expense)/ Reversal
Profit/(Loss) for the period Profit Attributable to:
Equity Holders of the Company
Non - Controlling Interests
Earnings/(Loss) per share
Basic
GROUP COMPANY
2025 | 2024 |
Un-Audited | Audited |
LKR '000 | LKR'000 |
3,850,203 | 6,249,204 |
(3,022,754) | (4,138,316) |
827,449 | 2,110,888 |
7,244 | 16,376 |
(1,135,066) | (771,022) |
(679,985) | (535,473) |
(257,580) | (236,474) |
- | - |
(1,237,938) | 584,295 |
374,708 | (216,348) |
(863,230) | 367,947 |
(862,438) | 371,122 |
(792) | (3,175) |
(863,230) | 367,947 |
(5.31) | 2.28 |
2025 | 2024 |
Un-Audited | Audited |
LKR'000 | LKR'000 |
1,917,827 | 3,875,962 |
(1,490,320) | (2,232,167) |
427,507 | 1,643,795 |
8,013 | 12,523 |
(924,185) | (538,909) |
(392,822) | (352,501) |
(93,587) | (64,593) |
(83,645) | (3,003) |
(1,058,719) | 697,311 |
334,900 | (255,966) |
(723,819) | 441,345 |
(4.45) | 2.72 |
% Change
-38%
-27%
-61%
-56%
47%
27%
9%
-312%
-273%
-335%
-332%
75%
-335%
-332%
% Change
-51%
-33%
-74%
-36%
71%
11%
45%
2685%
-252%
-231%
-264%
-
-264%
The Notes on pages 10 to 11 form an integral part of these Financial Statements. Figures in bracket indicate deductions
DANKOTUWA PORCELAIN PLC STATEMENT OF PROFIT OR LOSS
For the Quarter Ended 31st March
Revenue Cost of Sales Gross Profit
Other Income
Selling and Distribution Expenses Administrative Expenses
Net Finance (Cost) / Income
Fair Value Gain from Investment in Subsidiaries
Profit /(Loss) Before Tax
Income /Deferred Tax ( Expense)/ Reversal
Profit/(Loss) for the period Profit Attributable to:
Equity Holders of the Company
Non - Controlling Interests
Earnings/(Loss) per share
Basic
GROUP COMPANY
2025 | 2024 |
Un-Audited | Un-Audited |
LKR'000 | LKR'000 |
1,025,639 | 1,477,360 |
(820,989) | (1,025,710) |
204,650 | 451,650 |
2,828 | 4,838 |
(551,814) | (236,619) |
(120,877) | (89,946) |
(101,687) | (108,201) |
- | - |
(566,900) | 21,723 |
157,008 | (9,182) |
(409,892) | 12,541 |
(409,717) | 14,238 |
(175) | (1,697) |
(409,892) | 12,541 |
(2.52) | 0.09 |
2025 | 2024 |
Un-Audited | Un-Audited |
LKR'000 | LKR'000 |
455,135 | 954,150 |
(372,542) | (562,814) |
82,593 | 391,336 |
2,977 | 4,184 |
(492,469) | (180,299) |
(60,765) | (78,994) |
(44,505) | (56,780) |
(83,645) | (3,003) |
(595,814) | 76,443 |
171,004 | (26,618) |
(424,810) | 49,825 |
(2.61) | 0.31 |
% Change
-31%
-20%
-55%
-42%
133%
34%
-6%
-2710%
-1810%
-3368%
-2978%
90%
-3368%
-2978%
% Change
-52%
-34%
-79%
-29%
173%
-23%
-22%
-879%
-742%
-953%
-
-953%
The Notes on pages 10 to 11 form an integral part of these Financial Statements. Figures in bracket indicate deductions
DANKOTUWA PORCELAIN PLC
STATEMENT OF OTHER COMPREHENSIVE INCOME
For the Period Ended 31st March,
Profit/ (Loss) for the Period
Other Comprehensive Income
Other Comprehensive Income to be Reclassified to Profit or Loss in Subsequent Year
Translation of Foreign Operations
Net Other Comprehensive Income to be Reclassified to Profit or Loss in subsequent periods
Other Comprehensive Income not to be Reclassified to Profit or Loss in subsequent periods
Actuarial Loss
Tax impact on Acturial Loss Revaluation of Land and Building Tax impact on Revaluation Gain
GROUP COMPANY
2025 Un-Audited LKR'000 (863,230) - |
- (22,548) 6,765 113,182 (17,826) |
79,573 |
79,573 |
(783,657) |
(783,053) (604) |
(783,657) |
2025 Un-Audited LKR'000 (723,819) - |
- (17,526) 5,258 49,830 (4,989) |
32,573 |
32,573 |
(691,246) |
2024
Audited LKR'000
367,947
(1,755)
(1,755)
(29,951)
8,985
120,188
(13,079)
2024
Audited LKR'000
441,345
(1,755)
(1,755)
(24,847)
7,454
29,598
8,951
Net Other Comprehensive Income not to be Reclassified to Profit or Loss in Subsequent Year
Other Comprehensive Income for the year -Net of Tax
Total Comprehensive Income for the Period
Total Comprehensive Income Attributable to:
Equity Holders of the Company Non - Controlling Interests
86,144
84,389
452,337
452,712
(375)
452,337
21,156
19,401
460,746
DANKOTUWA PORCELAIN PLC
STATEMENT OF OTHER COMPREHENSIVE INCOME
For the Quarter Ended 31st March
Profit/ (Loss) for the Period
Other Comprehensive Income
Other Comprehensive Income to be Reclassified to Profit or Loss in Subsequent Year
Translation of Foreign Operations
Net Other Comprehensive Income to be Reclassified to Profit or Loss in Subsequent Year
Other Comprehensive Income not to be Reclassified to Profit or Loss in Subsequent Year
Actuarial Loss
Tax impact on Acturial Loss Revaluation of Land and Building Tax impact on Revaluation Gain
GROUP COMPANY
2025 Un-Audited LKR'000 (409,892) - |
- (22,548) 6,765 113,182 (17,826) |
79,573 |
79,573 |
(330,319) |
(336,366) 6,047 |
(330,319) |
2025 Un-Audited LKR'000 (424,810) - |
- (17,526) 5,258 49,830 (4,989) |
32,573 |
32,573 |
(392,237) |
2024
Un-Audited LKR'000
12,541
(1,755)
(1,755)
(29,951)
8,985
120,188
(13,079)
2024
Un-Audited LKR'000
49,825
(1,755)
(1,755)
(24,847)
7,454
29,598
8,951
Net Other Comprehensive Income not to be Reclassified to Profit or Loss in Subsequent Year
Other Comprehensive Income for the year -Net of Tax Total Comprehensive Income for the Period
Total Comprehensive Income Attributable to:
Equity Holders of the Company Non - Controlling Interests
86,143
84,388
96,929
95,828
1,101
96,929
21,156
19,401
69,226
DANKOTUWA PORCELAIN PLC STATEMENT OF FINANCIAL POSITION
As at,
ASSETS
Non-Current Assets Property, Plant & Equipment Right to Use Asset Investment Property Intangible Assets Investment in Subsidiaries
Current Assets
Inventories
Trade & Other Receivables Related Party Loan Receivable Cash & Cash Equivalents
Total Assets
EQUITY AND LIABILITIES
Equity
Stated Capital
Other Components of Equity Retained Earnings
Equity Attributable to Equity Holders of the Company
Non Controlling Interests
Total Equity
Non-Current Liabilities
Interest Bearing Loans and Borrowings Lease Liability
Retirement Benefit Liability Deferred Tax Liability
Current Liabilities
Interest Bearing Loans and Borrowings Lease Liability
Trade and Other Payables Income Tax Liabilities
Total Equity and Liabilities
Net Assets Per Share (LKR)
GROUP COMPANY
31-Mar-25 Un-Audited LKR'000 2,395,511 33,289 769,946 70,167 - |
3,268,913 |
2,140,559 1,670,643 -595,606 |
4,406,808 |
7,675,721 |
1,402,102 1,700,325 (179,192) |
2,923,235 999 |
2,924,234 |
118,611 15,291 288,468 181,485 |
603,855 |
2,938,121 15,397 1,179,085 15,029 |
4,147,632 |
7,675,721 |
17.98 |
31-Mar-24 | 31-Mar-25 | |
Audited | Un-Audited | |
LKR'000 | LKR'000 | |
2,380,763 | 1,513,904 | |
53,579 | 33,289 | |
769,946 | 629,700 | |
56,538 | 20,897 | |
- | 1,120,602 | |
3,260,826 | 3,318,392 | |
1,808,038 | 1,054,171 | |
2,340,194 | 738,492 | |
- | 139,684 | |
499,443 | 561,020 | |
4,647,675 | 2,493,367 | |
7,908,500 | 5,811,759 | |
1,402,102 | 1,402,102 | |
1,605,157 | 1,219,439 | |
683,560 | 721,642 | |
3,690,819 | 3,343,183 | |
17,073 | - | |
3,707,892 | 3,343,183 | |
308,980 | 16,611 | |
30,823 | 15,291 | |
241,426 | 230,685 | |
543,811 | 210,327 | |
1,125,040 | 472,914 | |
2,100,536 | 1,568,229 | |
15,397 | 15,397 | |
777,325 | 397,007 | |
182,310 | 15,029 | |
3,075,568 | 1,995,662 | |
7,908,500 | 5,811,759 | |
22.71 | 20.57 | |
31-Mar-24
Audited LKR'000
1,512,342
53,579
629,700
25,175
1,184,923
3,405,719
929,071
1,607,124
70,485
476,364
3,083,043
6,488,762
1,402,102
1,174,598
1,457,729
4,034,429
-4,034,429
54,480
30,824
196,779
544,174
826,257
1,011,231
15,397
419,139
182,310
1,628,077
6,488,762
24.82
The Notes on pages 10 to 11 form an integral part of these Financial Statements. Figures in brackets indicate deductions
I certify that the Financial Statements have been prepared in compliance with the requirements of Companies Act No. 07 of 2007.
sgd.
Saroj Ranathunga
Chief Financial Officer-Cluster
The Directors are responsible for the preparation and presentation of these Financial Statements. Signed for and on behalf of the Board.
sgd. sgd.
R S Egodage C S Karunasena
Chairman Director
26 May 2025
Colombo
DANKOTUWA PORCELAIN PLC STATEMENT OF CHANGES IN EQUITY
Attributable to Equity Holders of the Company | |||||||
GROUP | Stated Capital | Revaluation Reserve | Foreign Currency Translation Reserve | Retained Earnings | Total | Non Controlling Interests | Total Equity |
LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | |
Balance as at 31 March 2023- Audited | 1,402,102 | 1,500,874 | (1,072) | 336,205 | 3,238,109 | 17,447 | 3,255,556 |
Profit / (Loss) for the period | - | - | - | 371,122 | 371,122 | (3,175) | 367,947 |
Other Comprehensive Income | - | 107,110 | (1,755) | (23,767) | 81,588 | 2,801 | 84,389 |
Total Comprehensive Income for the Period | - | 107,110 | (1,755) | 347,355 | 452,710 | (374) | 452,336 |
Balance as at 31 March 2024-Audited | 1,402,102 | 1,607,984 | (2,827) | 683,560 | 3,690,819 | 17,073 | 3,707,891 |
Profit / (Loss) for the period | - | - | - | (862,438) | (862,438) | (792) | (863,229) |
Change in Non-Controlling Interest | - | - | - | 15,470 | 15,470 | (15,470) | - |
Other Comprehensive Income | - | 95,168 | - | (15,783) | 79,385 | 188 | 79,573 |
Total Comprehensive Income for the Period | - | 95,168 | - | (862,752) | (767,584) | (16,074) | (783,656) |
Balance as at 31 March 2025 | 1,402,102 | 1,703,152 | (2,827) | (179,192) | 2,923,235 | 999 | 2,924,234 |
COMPANY | Stated Capital | Revaluation Reserve | Foreign Currency Translation Reserve | Amalgamation Reserve | Retained Earnings | Total Equity |
LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | |
Balance as at 31 March 2023- Audited | 1,402,102 | 1,262,238 | (1,072) | (123,362) | 1,033,777 | 3,573,683 |
Profit / (Loss) for the period | - | - | - | - | 441,345 | 441,345 |
Other Comprehensive Income | - | 38,549 | (1,755) | - | (17,393) | 19,401 |
Total Comprehensive Income for the Period | - | 38,549 | (1,755) | - | 423,952 | 460,746 |
Balance as at 31 March 2024-Audited | 1,402,102 | 1,300,787 | (2,827) | (123,362) | 1,457,729 | 4,034,429 |
Profit / (Loss) for the period | - | - | - | - | (723,819) | (723,819) |
Other Comprehensive Income | - | 44,841 | - | - | (12,268) | 32,573 |
Total Comprehensive Income for the Period | - | 44,841 | - | - | (736,087) | (691,246) |
Balance as at 31 March 2025 | 1,402,102 | 1,345,628 | (2,827) | (123,362) | 721,642 | 3,343,183 |
DANKOTUWA PORCELAIN PLC |
CASH FLOW STATEMENT |
For the period Ended 31st March | 2025 | 2024 | 2025 | 2024 |
Un-Audited | Audited | Un-Audited | Audited | |
LKR'000 | LKR'000 | LKR'000 | LKR'000 | |
Profit before Taxation | (1,237,938) | 584,295 | (1,058,719) | 697,311 |
Adjustment for | ||||
Depreciation | 121,172 | 121,719 | 63,016 | 62,475 |
Amortization of Right to Use Assets | 20,890 | 17,895 | 19,473 | 17,895 |
Fair Value Gain from Investment in Subsidiaries | - | - | 83,645 | 3,003 |
Amortization of Intangible Assets | 6,892 | 8,401 | 6,892 | 6,981 |
(Profit) /Loss on Sale of Property , Plant and Equipment | 22 | - | - | - |
Provision for Retirement Gratuity | 48,939 | 52,555 | 37,704 | 41,165 |
Net Finance Cost / (Income) | 270,436 | 236,474 | 93,587 | 64,593 |
Provision / (Reversal) of Provision for Inventories | 314,525 | (3,211) | 91,347 | 10,472 |
Impairment of Trade and Other Receivables | 462,777 | 44,331 | 444,264 | 39,664 |
Bad Debts Writeoff | (358) | - | (311) | - |
Reversal/(Charged) from Exchange Fluctuation Reserve | - | (1,755) | - | (1,755) |
inventory Writeoff | (3,578) | (44,849) | - | (26,367) |
Unrealized Foreign Exchage Difference | 22,430 | (12,989) | - | - |
Operating Profit before Working Capital Changes | 26,210 | 1,002,866 | (219,102) | 915,437 |
(Increase)/Decrease in Inventories | (643,469) | (304,500) | (216,447) | (225,156) |
(Increase)/Decrease in Trade & Other Receivables | 358,999 | (1,373,917) | 494,240 | (876,387) |
Increase/(Decrease) in Trade & Other Payable | 373,835 | (41,842) | (22,132) | (85,285) |
Cash Generated from Operations | 115,575 | (717,393) | 36,559 | (271,391) |
Interest Paid | (324,160) | (287,254) | (146,749) | (137,230) |
Income Tax Paid | (164,214) | (130,270) | (164,214) | (130,270) |
Retiring Gratuity Paid | (24,445) | (18,495) | (21,324) | (14,284) |
Net Cash Flow from Operating Activities | (397,244) | (1,153,412) | (295,728) | (553,175) |
Cash Flow from Investing Activities | ||||
Investment in Subsidary | (19,323) | - | (19,323) | - |
Acquisition of Property, Plant & Equipment | (22,761) | (39,618) | (14,748) | (25,385) |
Acquisition of Intangible Assets | (2,614) | - | (2,614) | - |
Interest Income Received | 1,272 | 53,474 | 710 | 59,545 |
Net Cash Flow Used in Investing Activities | (43,426) | 13,856 | (35,975) | 34,160 |
Cash Flow from Financing Activities | ||||
Proceeds from Interest Bearing Loans & Borrowings, net of payments | 277,343 | 785,965 | 408,428 | 329,100 |
Loan given to Subsidiary , net of payments | - | - | (69,684) | (70,000) |
Repayment of Finance Lease | (23,114) | (31,318) | (23,114) | (31,318) |
Net Cash Flow from Financing Activities | 254,229 | 754,647 | 315,630 | 227,782 |
Net Increase/Decrease in Cash & Cash Equivalent during the period | (186,441) | (384,909) | (16,073) | (291,233) |
Cash & Cash Equivalents | ||||
Net movement during the period | (186,441) | (384,909) | (16,073) | (291,233) |
At the beginning of the period | (287,124) | 97,785 | (100,329) | 190,905 |
At the end of the year (Note A) | (473,565) | (287,124) | (116,402) | (100,328) |
Note A-Cash and Equivalents are as follows | ||||
Cash in Hand & Bank | 595,606 | 499,443 | 561,020 | 476,364 |
Bank & Other Borrowings | (1,069,171) | (786,567) | (677,422) | (576,692) |
(473,565) | (287,124) | (116,402) | (100,328) |
DANKOTUWA PORCELAIN PLC
NOTES TO THE FINANCIAL STATEMENTS
1 | Basis of preparation |
The Interim Consolidated Financial Statements for the period ended 31st March 2025 have been prepared in accordance with LKAS 34 - Interim Financial Reporting. The Interim Consolidated Financial Statements do not include all the information and disclosures required in the Annual Financial Statements, and should be read in conjunction with the Group's Audit Financial Statements as at 31 March 2024.
2 | Cases pending as of 31 March 2025 |
No litigation, claims or arbitration proceedings by and against the Company as at 31 March 2025 |
3 | Stated Capital |
The Stated Capital of the Company is LKR 1,402,101,647/- represented by 162,552,920 fully paid ordinary shares. |
4 | Related Party Transactions |
The nature of Related Party Transactions in the period under review is similar to those reported in the annual report for the year 2023/2024 |
5 | Earnings per Share |
The computation of the Basic Earnings per Ordinary Share has been done based on net profit attributable to ordinary shareholders for the year, divided by weighted average number of ordinary shares in issue as at the balance sheet date and calculated as follows. |
Group | Company | ||
31/03/2025 | 31/03/2024 | 31/03/2025 | 31/03/2024 |
Amounts used as the Numerator |
Net Profit / (Loss) Attributable to Ordinary Shareholders - LKR'000 |
(862,438) | 371,122 (723,819) 441,345 |
Weighted Average Number of Ordinary Shares in Issue (Nos.) |
Basic Earnings per Ordinary Share (Rs.) |
162,552,920 | 162,552,920 |
(5.31) | 2.28 |
162,552,920 | 162,552,920 |
(4.45) | 2.72 |
6 | Comparative Information |
The presentation and classification of the financial statements of the previous years have been amended, where relevant for better presentation and to be comparable with those of the current year. |
7 | Fair Value Measurement |
The Group uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique: | |
Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities | |
Level 2: Other techniques for which all inputs that have a significant effect on the recorded fair value are observable, either directly or indirectly | |
Level 3: Techniques that use inputs that have a significant effect on the recorded fair value that are not based on observable market data |
The Group held the following assets and liabilities carried at fair value in the statement of financial position:
Assets Measured at Fair Value | ||||||
Level 1 | Level 2 | Level 3 | ||||
GROUP | 31/03/2025 | 31/03/2024 | 31/03/2025 | 31/03/2024 | 31/03/2025 | 31/03/2024 |
LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | |
Investment Property | - | - | - | - | 769,946 | 769,946 |
Land - Freehold | - | - | - | - | 1,217,821 | 1,162,474 |
Buildings - Freehold | - | - | - | - | 990,378 | 985,543 |
- | - | - | - | 2,978,145 | 2,917,962 | |
Company |
Investment Property |
Investment in Subsidiary |
Land - Freehold |
Buildings - Freehold |
Level 1 | Level 2 | Level 3 | |||
31/03/2025 | 31/03/2024 | 31/03/2025 | 31/03/2024 | 31/03/2025 | 31/03/2024 |
LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 | LKR'000 |
- | - | - | - | 629,700 | 629,700 |
- | - | - | - | 1,120,602 | 1,184,923 |
- | - | - | - | 914,496 | 882,952 |
- | - | - | - | 478,950 | 493,771 |
- | - | - | - | 3,143,748 | 3,191,346 |
DANKOTUWA PORCELAIN PLC |
NOTES TO THE FINANCIAL STATEMENTS |
Share Information
2025
LKR
23.10
29.40
21.50
2024
LKR
24.60
25.90
20.20
Market Price per Share as at 31 March
Last traded price recorded for 3 months ended
Highest price recorded for 3 months ended
Lowest price recorded for 3 months ended
Public Share Holding as at 31 March
Number of Shareholders
No. of Shares
Percentage
Float Adjusted Market Capitalization - LKR
2025
4,553
20,435,986
12.57%
472,071,277
2024
4,532
20,435,986
12.57%
502,725,256
The Company is listed on the Diri Savi Board of the Colombo Stock Exchange. Its float adjusted market capitalization is less than LKR 1 Billion ( Option 2). The Company is required to maintain a minimum public holding of 10%. As at 31 March 2025, the Company was in compliance with the minimum public holding percentage .
Twenty Major Shareholders as at 31 March 2025
Name of Shareholder
Hatton National Bank PLC/Ceyline Investments (Pvt) Ltd
Seylan Bank PLC/Ambeon Holdings PLC (Collateral)
Seylan Bank PLC/Ambeon Holdings PLC (Margin)
Ambeon Holdings PLC
TOTAL
Mr.S.C Gamage
J. B. Cocoshel (Pvt) Ltd
Mr. M A Jafferjee
Mr. D L B C Perera
Mr. A K Palliya Guruge Don (Deceased)
Mrs. E B H A Perera
Mr. A M Mansoor
Mr. S M Nazeer
Mr. M H A Kamil
LOLC Finance PLC /M.K.C Perera
Mr.A M A D S Abeysinghe
Dr. A A M Darmadasa
Mr. R P Pathirana
People's Leasing and Finance PLC/Almas Holdings (Pvt) Ltd
Macksons Holdings (Pvt) Ltd
Seylan Bank PLC/Jayantha Dewage
Mr.D G P Kaluarachchi
Mr. D M Rajapaksha
No. of Shares
%
105,482,433
64.89%
35,533,341
21.86%
888,380
0.55%
850
0.00%
36,422,571
22.41%
5,360,000
3.30%
779,164
0.48%
679,362
0.42%
501,727
0.31%
334,600
0.21%
270,000
0.17%
264,975
0.16%
264,825
0.16%
247,344
0.15%
241,199
0.15%
234,870
0.14%
226,221
0.14%
200,000
0.12%
196,960
0.12%
192,665
0.12%
175,275
0.11%
172,000
0.11%
171,773
0.11%
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Director's Share Holding as at 31 March 2025
Name
Mr. R P Pathirana
Mr. C S Karunasena
Mr.R S Egodage
Ms.S N Egodage
Ms.L Rajendran
Dr.L H K Perera
Mr.V Aslibekyan
Mr.P.D.C.N Gunawardana
Mr.C Gamage
Mr.S.L Sebastian
Mr.R.T Devasurendra
No. of Shares |
200,000 |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
11,930 |
Nil |
Nil |
Nil |
Events after the Balance Sheet date |
No circumstances have arisen since the reporting date, which would require adjustment to or disclosure in the Financial Statements. |
9
10 Interim figures are provisional and subject to an audit.