STATEMENT OF COMPREHENSIVE INCOME | |||
Three Months Ended 30.06.2025 | Three Months Ended 30.06.2024 | ||
Continuing Operation | Rs. | Rs. | |
Turnover | 4,725,000 | 4,160,000 | |
Cost of Sales | (2,540,750) | (2,063,397) | |
Gross Profit | 2,184,250 | 2,096,603 | |
Other Income | 243,125 | - | |
Selling & Distribution Expenses | (165,000) | (165,000) | |
Administration Expenses | (886,006) | (1,350,891) | |
Other Expenses | (362,266) | (362,266) | |
Profit From Operations | 1,014,103 | 218,446 | |
Finance Income Finance Cost | - - | - - | |
Net Finance Income | - | - | |
Profit Before Taxation | 1,014,103 | 218,446 | |
Taxation | - | - | |
Net Profit for the Period | 1,014,103 | 218,446 | |
OTHER COMPREHENSIVE INCOME | |||
Impairment Inventory,Trade and Other Receivables Tax on Other Comprehensive Income | (514,373) - | - - | |
OTHER COMPREHENSIVE INCOME FOR THE PERIOD | (514,373) | - | |
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 499,729 | 218,446 | |
Profit Attributable to: Owners of the Company | 1,014,103 | 218,446 | |
Non - Controlling Interests | - | - | |
Profit for the period | 499,729 | 218,446 | |
Total Comprehensive Income Attributable to: Owners of the Company | 499,729 | 218,446 | |
Non - Controlling Interests | - | - | |
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 499,729 | 218,446 | |
Earnings per Share - Basic - (Rs) | 0.00 | 0.00 | |
STATEMENT OF FINANCIAL POSITION | AS AT | |||
30.06.2025 Un Audited | 31.03.2025 Un Audited | |||
ASSETS | Rs. | Rs. | ||
Property, Plant & Equipment | 38,762,417 | 39,124,683 | ||
38,762,417 | 39,124,683 | |||
Current Assets | ||||
Inventories | 22,317,108 | 21,256,258 | ||
Trade and Other Receivables | 72,009,340 | 72,293,855 | ||
Short Term Investments - (Inter Group) | 38,400,000 | 38,900,000 | ||
Other Financial Assets | 36,587,801 | 36,679,500 | ||
Amount Due from Related Parties | 94,975,287 | 94,227,425 | ||
Cash & Cash Equivalents | 10,353 | 2,850 | ||
264,299,889 | 263,359,888 | |||
TOTAL ASSETS | 303,062,306 | 302,484,571 | ||
EQUITY AND LIABILITIES | ||||
Capital and Reserves | ||||
Stated Capital (100,000,000 shares) | 555,583,112 | 555,583,112 | ||
Retained Earnings | (265,123,023) | (265,622,751) | ||
Shareholders' Funds | 290,460,089 | 289,960,361 | ||
Non Current Liabilities | ||||
Retirement benefit Obligation | - | - | ||
Deferred Tax Payable | - | - | ||
- | - | |||
Trade and Other Payables | 4,332,217 | 4,254,210 | ||
Bank Overdraft | 8,270,000 | 8,270,000 | ||
12,602,217 | 12,524,210 | |||
Total Liabilities | 12,602,217 | 12,524,210 | ||
TOTAL EQUITY AND LIABILITIES | 303,062,306 | 302,484,571 | ||
Net Assets Per Share (Rs) | 2.90 | 2.90 | ||
Note :The above figures are not audited.
I certify that the financial statements comply with the requirements of the Companies Act No.7 of 2007.
sgd
-------------------
S.P.Jayasekera Accountant
Approved and signed for and on behalf of the Board of Directors of Greentech Energy PLC.
sgd sgd
-------------------- ---------------------
Mr C.H.Munasinghe Mr I.C.K.Perera
Director Director
19th August 2025
GREENTECH ENERGY PLC INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 30TH JUNE 2025CASH FLOW STATEMENT | |||||
For the Three months Ended 30th June | 30.06.2025 | 30.06.2024 | |||
Rs. | Rs. | ||||
CASH FLOWS FROM OPERATING ACTIVITIES | |||||
Net Profit Before Tax | 499,729 | 218,446 | |||
Adjustments for ; | |||||
Impairment of Projects Depreciation | 362,266 | 362,266 | |||
Interest income | 243,125 | - | |||
Operating Profit Before Working Capital Changes | 1,105,120 | 580,712 | |||
(Increase)/Decrease in Working Capital (Increase)/Decrease Inventories | (1,060,850) | (1,934,502) | |||
(Increase)/DecreaseTrade and Other Receivables | 284,514 | 100,000 | |||
Increase/(Decrease)Trade and Other Payables | 78,007 | 62,470 | |||
(Increase)/Decrease in Financial Assets | 91,699 | 100,000 | |||
(Increase)/Decrease Amount due from Related Companies | (747,862) | 1,313,297 | |||
Cash Generated from / (Used in) operating activities | (249,372) | 221,977 | |||
Income Tax Paid | |||||
Net Cash Flows From/ (Used in) Operating Activities | (249,372) | 221,977 | |||
CASH FLOWS FROM INVESTING ACTIVITIES | |||||
Additions to Property, Plant & Equipment Interest Income | 243,125 | - | |||
Increase/(Reduction) on Short Term Investments | (500,000) | - | |||
Net Cash Flows From/ (Used in) Investing Activities | (256,875) | - | |||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||
Repayment of the Lease | - | - | |||
Net Cash Flows From/ (Used in) Financing Activities | - | - | |||
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS | 7,503 | 221,977 | |||
CASH AND CASH EQUIVALENTS AT THE BEGINNING | (8,267,150) | (8,485,252) | |||
CASH AND CASH EQUIVALENTS AT THE END (a) | (8,259,647) | (8,263,275) | |||
(a)Analysis of cash & cash equivalents at period end Cash in hand & at bank | 10,353 | 6,725 | |||
Bank overdraft | (8,270,000) | (8,270,000) | |||
(8,259,647) | (8,263,275) | ||||
STATEMENT OF CHANGES IN EQUITY | ||||
Stated | Revaluation | Retained | ||
Capital | Reserve | Earnings | Total | |
Rs. | Rs. | Rs. | ||
Balance as at 1st April 2024 | 555,583,112 | - | (268,167,515) | 287,415,597 |
Comprehensive Income | 218,446 | 218,446 | ||
Other Comprensive Income | - | - | ||
Balance as at 30th June 2024 | 555,583,112 | - | (267,949,069) | 287,634,043 |
Balance as at 1st April 2025 | 555,583,112 | - | (265,622,752) | 289,960,360 |
Comprehensive Income | - | - | 1,014,103 | - 1,014,103 |
Other Comprensive Income | (514,373) | -(514,373) | ||
Balance as at 30th June 2025 | 555,583,112 | - | (265,123,023) | 290,460,089 |
INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 30TH JUNE 2025
NOTES TO THE INTERIM FINANCIAL STATEMENTS
CORPORATE INFORMATION
Greentech Energy PLC, is a public limited liability company incorporated and domiciled in Sri Lanka. The company was listed on the Diri Savi Board of the Colombo Stock Exchange on 25th April 2012.
INTERIM FINANCIAL STATEMENTS
The financial statements for the period ended 31st March 2025, includes "the Company" referring to Greentech Energy PLC.
BASIS OF PREPARATION
The interim condensed financial statements have been prepared in accordance with the accounting policies set out in the Annual Report for the year ended 31.03.2024 and are in compliance with Sri Lanka Accounting Standard
LKAS34- "Interim Financial Reporting".
These interim condensed financial statements should be read in conjunction with the annual financial statements for the year ended 31st March 2024.
Further, provisions of the companies ACT no 7 of 2007 have been considered in preparing the same.
ACCOUNTING POLICIES
The accounting policies have been consistently applied by the company and are consistent with those used in the previous year.
POST BALANCE SHEET EVENTS
There have been no material events occurring after the Balance Sheet date which require adjustments to or disclosure in the financial statements.
CONTINGENT LIABILITIES
There were no material contingent liabilities outstanding as at Balance Sheet Date.
The Interim Financial Statements are provisional and are not audited.
SHAREHOLDERS' INFORMATION
Public Holding
The company is in compliance with the Minimum Public Holding requirements for Companies listed on the Diri Savi Board as per Rule 7.13.1 (b) of the Listing Rules of the Colombo Stock Exchange, underOption 2, i.e Float-Adjusted Market Capitalization of less than
Rs 1 Billion with 200 Public Shareholders and a Public Holding percentage of 10%.
The Company's Public Holding as at 30th June 2025
Market Capitalization of the Public Holding Rs. 119.097 Million Number of Public shareholders 2,141
Percentage of ordinary shares held by the public 44.11%
Top 20 Share Holders List as at 30th June 2025
NAME | NO OF SHARES | PERCENTAGE |
Mackwoods (Pvt) Ltd | 53,060,791 | 53.06 |
Epoc Research Laboratories (Pvt) Ltd | 2,500,464 | 2.50 |
Senkadagala Finance PLC/Mr. Gobinath | 2,500,100 | 2.50 |
Mr A D Edussuriya | 2,000,000 | 2.00 |
Mr D P Navaratnam | 1,900,059 | 1.90 |
People's Leasing and Finance/Mr S Gobinath | 1,800,000 | 1.80 |
Mr. G.M.Kennedy | 1,416,200 | 1.42 | |
Merchant Bank of Sri Lanka & Finance PLC 01 | 1,376,000 | 1.38 | |
Mr K.T.B.Siriwardana Arachchi | 1,059,000 | 1.06 | |
Mr P Selladurai | 1,000,000 | 1.00 | |
Senkadagala Finance PLC/Mr. G A M P Chandana | 1,000,000 | 1.00 | |
Mrs U.K.G.B.Jayasundara | 874,795 | 0.87 | |
Mr J S Kelum | 789,574 | 0.79 | |
Mr R.E.Rambukwelle | 755,667 | 0.76 | |
Mrs H M A R K Kaluhendiwela | 691,938 | 0.69 | |
Mr W I J Fernando | 684,256 | 0.68 | |
Mr P.G.S.Nadinpriya | 669,400 | 0.67 | |
Merchant Bank of Sri Lanka/Mr K.K.Wickramasinghe | 568,897 | 0.57 | |
Merchant Bank of Sri Lanka & Finance PLC/H.M.C.B.Mawilmada | 500,163 | 0.50 | |
Miss H.S.Tan | 491,500 | 0.49 | |
75,638,804 | 75.64 | ||
8.3 Directors' and CEO's Shareholdings as at 30th June 2025 | |||
Name | No of Shares | Percentage (%) | |
Dr. C.N.A.Nonis | Director | 328,160 | 0.328 |
Mr. C.H.Munasinghe | Director | Nil | Nil |
Dr. H.Shafeeu | Director | Nil | Nil |
Mr. I.C.K.Perera | Director | Nil | Nil |
Mr. S.D.N.K.Gajasinghe | Director | Nil | Nil |
Mr. S.P.Jayasekera | CEO | Nil | Nil |
8.4 No of shares representing the company's Stated Capital - 100,000,000 shares | |||
9 MARKET VALUES PER SHARE - CURRENT INTERIM PERIOD | Date | Rs. | |
Highest Value per Share | 03.06.2025 | 3.20 | |
Lowest Value per Share | 04.04.2025 | 1.90 | |
Last Traded Price | 30.06.2025 | 2.70 | |
10 NET ASSET VALUE PER SHARE | 2.90 | ||
11 Investments in Renewable Energy Projects | |||
As stated in the Audited Accounts of 2023/24,the company is exploring investments in the renewable energy sector in order to meet the growing energy demands of the Country.