PROVISIONAL FINANCIAL STATE
FOR THE TWELVE MONTHS EN
31ST MARCH 2025
Chairman's Review
Year-over-year performance showed a significant progress towards financial recovery. During the 04thquarter of financial year 2025, gross profit margin improved to 15.8% compared to 15.1% reported in 04thquarter of Financial Year 2024. This is supported by effective cost-control initiatives and improved pricing strategies. Although there was a slight decrease in revenue (▼1.4% compared to 04thquarter in Financial Year 2024), the sales performance remained relatively stable, with only a marginal contraction.
For the trailing twelve months, revenue remained relatively flat, indicating top-line stability. However, this stagnation is primarily attributed to changes in customer product mix. Notably, the company reported a significant improvement in net loss, by 57.1% compared to Financial Year 2024, indicating financial recovery. This recovery was supported by cost reduction and financial restructuring efforts aimed at returning to profitability.
The company has also implemented strategic initiatives to drive sales growth, including expanding into new territories and increasing R&D to develop new product lines for both existing and prospective customers. These efforts are targeted at reducing operational and accumulated losses. Furthermore, the recent launch of the herb distribution operation positions the company to potentially capture a substantial portion of the market share.
…………………………………
S P S Ranathunga Chairman
29th May 2025.
HVA FOODS PLCStatement of Comprehensive Income
Provisional Financial Statements for the Twelve months ended 31st March All amounts in Sri Lanka Rupees
Group
Company
Revenue Cost of Sales Gross Profit
Other Operating Income
Distribution Expenses Administration Expenses * Results from Operating Activities Net finance expenses
Profit / (Loss) Before Income Tax
Income Tax Expense
Profit / (Loss) for the Period Other Comprehensive Income
Actuarial Gain on Retirement Benefit Obligations
Deferred Tax on Actuarial Gain on Retirement Benefit Obligations
Total Comprehensive Income / (Loss) for the Period
Basic Earnings Per Share Diluted Earnings Per Share
Figures in brackets indicate deductions.
12 Months to 3 Months from 1st Jan to Year Ended
31.03.2025 (Unaudited) 1,836,076,269 (1,663,012,247) |
173,064,022 9,549,886 (16,074,764) (185,552,455) |
(19,013,311) (120,666,834) (139,680,145) (250,236) |
(139,930,381) |
580,162 (524,957) (139,875,176) |
(0.57) |
(0.57) |
31.03.2025 | 31.03.2024 | 31.03.2024 |
(Unaudited) | (Unaudited) | (Audited) |
342,050,262 | 347,002,740 | 1,842,864,051 |
(288,109,749) | (294,629,289) | (1,593,102,961) |
53,940,513 | 52,373,451 | 249,761,090 |
1,696,253 | 1,866,126 | 11,309,229 |
(10,523,352) | (8,790,844) | (23,912,533) |
(40,971,259) | (186,669,897) | (324,739,311) |
4,142,158 | (141,221,163) | (87,581,525) |
(25,092,700) | (44,667,780) | (240,829,057) |
(20,950,542) | (185,888,943) | (328,410,582) |
2,180,618 | 2,180,618 | |
(20,950,542) | (183,708,325) | (326,229,964) |
580,162 | (2,330,019) | (2,330,019) |
(524,957) | 702,294 | 702,294 |
(20,895,337) | (185,336,050) | (327,857,689) |
(0.09) | (1.58) | (2.81) |
(0.09) | (1.58) | (2.82) |
12 Months to 3 Months from 1st Jan to Year Ended
31.03.2025 (Unaudited) 1,836,076,269 (1,663,012,247) |
173,064,022 9,549,886 (16,074,764) (185,456,160) |
(18,917,016) (120,666,334) (139,583,350) (250,236) |
(139,833,586) |
580,162 (524,957) (139,778,381) |
(0.57) |
(0.57) |
31.03.2025 | 31.03.2024 | 31.03.2024 |
(Unaudited) | (Unaudited) | (Audited) |
342,050,262 | 347,002,740 | 1,842,864,051 |
(288,109,749) | (294,629,289) | (1,593,102,961) |
53,940,513 | 52,373,451 | 249,761,090 |
1,696,253 | 1,866,126 | 11,309,229 |
(10,523,352) | (8,790,844) | (23,912,533) |
(40,961,259) | (186,613,137) | (324,630,449) |
4,152,155 | (141,164,403) | (87,472,663) |
(25,092,700) | (44,666,665) | (240,827,942) |
(20,940,545) | (185,831,068) | (328,300,605) |
(250,236) | 2,180,618 | 2,180,618 |
(21,190,781) | (183,650,451) | (326,119,987) |
580,162 | (2,330,019) | (2,330,019) |
(524,957) | 702,294 | 702,294 |
(21,135,576) | (185,278,176) | (327,747,712) |
(0.09) | (1.58) | (2.81) |
(0.09) | (1.58) | (2.82) |
* Administration expenses for 03 months ended 31 March 2024 includes one off adjustments such as write offs and provisions for slow moving, damaged and aged stocks, adjustments to current market price of carrying stocks of inventory and write offs/provisions for bad debts.
HVA FOODS PLCCompany
Group
Statement of Financial Position Provisional Financial Statements As at All amounts in Sri Lanka Rupees
As at ASSETS | 31.03.2025 (Unaudited) | 31.03.2024 (Audited) | 31.03.2025 (Unaudited) | 31.03.2024 (Audited) | |
Non-Current Assets Property, Plant & Equipment | 43,535,314 | 50,875,260 | 43,535,314 | 50,875,260 | |
Goodwill | 263,849,498 | 263,849,498 | 263,849,498 | 263,849,498 | |
Investment in Subsidiary | - | - | 45,000,001 | 45,000,001 | |
Intangible Assets | 48,143,069 | 51,056,149 | 3,204,072 | 6,117,152 | |
Deferred Tax Assets | 196,468,326 | 197,243,520 | 196,468,326 | 197,243,520 | |
Total Non-Current Assets | 551,996,207 | 563,024,427 | 552,057,211 | 563,085,431 | |
Current Assets Inventories | 130,017,545 | 400,758,997 | 130,017,545 | 400,758,997 | |
Financial Investments | 8,483,938 | 1,824,821 | 8,483,938 | 1,824,821 | |
Trade & Other Receivables | 353,307,908 | 301,532,933 | 353,307,908 | 301,532,933 | |
Amounts Due from Related Parties | 2,174,770 | 1,935,125 | 2,628,067 | 2,294,627 | |
Pre-payments & Other Recoverable | 14,444,560 | 15,628,829 | 14,444,560 | 15,628,829 | |
Deposits & Advances Receivables | 26,278,995 | 41,918,344 | 26,278,995 | 41,918,344 | |
Cash & Cash Equivalents | 44,437,022 | 28,916,457 | 44,437,022 | 28,916,457 | |
Total Current Assets | 579,144,738 | 792,515,506 | 579,598,035 | 792,875,008 | |
Total Assets | 1,131,140,945 | 1,355,539,933 | 1,131,655,246 | 1,355,960,439 | |
Equity and Liabilities Stated Capital | 954,965,559 | 582,965,063 | 954,965,559 | 582,965,063 | |
Revaluation Reserve | 15,013,718 | 15,013,718 | 15,013,718 | 15,013,718 | |
Retained Earnings | (1,040,779,187) | (900,904,011) | (1,040,224,886) | (900,446,505) | |
Total Equity attributable to the equity holders of the Company/Total equity | (70,799,910) | (302,925,230) | (70,245,609) | (302,467,724) | |
Non-Current Liabilities Employee benefits | 12,282,207 | 9,881,844 | 12,282,207 | 9,881,844 | |
Interest-Bearing Loans and Borrowings | 203,745,331 | 365,856,723 | 203,745,331 | 365,856,723 | |
Government Grant | 5,546,926 | 6,656,326 | 5,546,926 | 6,656,326 | |
Total non-current liabilities | 221,574,464 | 382,394,893 | 221,574,464 | 382,394,893 | |
Current liabilities | |||||
Trade Payables | 72,765,782 | 61,478,729 | 72,765,782 | 61,478,729 | |
Interest-Bearing Loans and Borrowings | 632,900,814 | 487,914,358 | 632,900,814 | 487,914,358 | |
Government Grant | 1,109,400 | 1,109,400 | 1,109,400 | 1,109,400 | |
Amount Due to Related Parties | 40,788,415 | 311,107,912 | 40,788,415 | 311,107,912 | |
Deposits & Advances Payables | 2,870,904 | 204,629,178 | 2,870,904 | 204,629,178 | |
Accrued Expenses & Other Creditors | 83,046,155 | 79,887,563 | 83,006,155 | 79,850,563 | |
Bank Overdrafts | 146,884,921 | 129,943,130 | 146,884,921 | 129,943,130 | |
Total current liabilities | 980,366,391 | 1,276,070,270 | 980,326,391 | 1,276,033,270 | |
Total liabilities | 1,201,940,855 | 1,658,465,163 | 1,201,900,855 | 1,658,428,163 | |
Total equity & liabilities | 1,131,140,945 | 1,355,539,933 | 1,131,655,246 | 1,355,960,439 | |
Net Assets per Share - (LKR) | (0.29) | (2.61) | (0.29) | (2.60) | |
It is certified that the Financial Statements have been prepared in compliance with the requirements of the companies Act No.07 of 2007. The figures as at 31st March 2025 are provisional & subject to audit.
……………….…….…………… Head of Finance
The Board of Directors is responsible for these financial statements.
……………….…….…………… Director
……………….………...........
Director
29th May 2025 Colombo
HVA FOODS PLCStatement of Cashflow
Provisional Financial Statements for the Twelve months ended 31st March
Group | |
12 months to | Year ended |
31.03.2025 | 31.03.2024 |
(Unaudited) | (Audited) |
(139,680,145) | (328,410,582) |
10,683,515 | 11,473,406 |
808,704 | 1,813,539 |
3,226,235 | 2,690,457 |
(1,614,080) | (1,742,020) |
9,474,397 | 26,178,424 |
(2,476,895) | 28,825,575 |
1,154,154 | - |
(1,109,400) | (1,109,400) |
(198,294) | (73,537) |
(4,572,601) | 2,224,206 |
1,574,949 | 1,793,891 |
103,199,474 | 209,818,182 |
- | 515,276 |
- | 5,677,142 |
120,150,158 | 288,085,141 |
(19,529,987) | (40,325,441) |
261,267,055 | 33,506,062 |
(49,298,080) | (33,669,290) |
1,184,269 | 752,017 |
(239,645) | 755,828 |
15,639,349 | (4,029,587) |
11,287,053 | 10,226,103 |
(270,319,497) | 281,107,912 |
(201,758,274) | 202,839,122 |
3,158,592 | (9,523,875) |
(248,609,165) | 441,638,851 |
(103,199,474) | (209,818,182) |
(1,574,949) | (1,793,891) |
(245,709) | (3,721,417) |
(353,629,297) | 226,305,361 |
(2,393,347) | (16,222,501) |
- | - |
(6,460,823) | (229,730) |
1,614,080 | 1,742,020 |
- | 30,000,000 |
(7,240,090) | 15,289,789 |
(750,656) | (531,709) |
372,000,496 | - |
1,465,013,610 | 1,930,052,169 |
(1,476,815,290) | (2,048,013,626) |
359,448,160 | (118,493,166) |
(1,421,226) | 123,101,986 |
(101,026,673) | (224,128,659) |
(102,447,899) | (101,026,673) |
44,437,022 | 28,916,457 |
(146,884,921) | (129,943,130) |
(102,447,899) | (101,026,673) |
Company | |
12 months to | Year ended |
31.03.2025 | 31.03.2024 |
(Unaudited) | (Audited) |
(139,583,350) | (328,300,605) |
10,683,515 | 11,473,406 |
808,704 | 1,813,539 |
3,226,235 | 2,690,457 |
(1,614,080) | (1,742,020) |
9,474,397 | 26,178,424 |
(2,476,895) | 28,825,575 |
1,154,154 | - |
(1,109,400) | (1,109,400) |
(198,294) | (73,537) |
(4,572,601) | 2,224,206 |
1,574,949 | 1,793,891 |
103,199,474 | 209,818,182 |
- | 515,276 |
- | 5,677,142 |
120,150,158 | 288,085,142 |
(19,433,192) | (40,215,464) |
261,267,055 | 33,506,062 |
(49,298,080) | (33,669,290) |
1,184,269 | 752,017 |
(333,440) | 661,966 |
15,639,349 | (4,029,587) |
11,287,053 | 10,226,103 |
(270,319,497) | 281,107,912 |
(201,758,274) | 202,839,122 |
3,155,592 | (9,538,875) |
(248,609,165) | 441,639,966 |
(103,199,474) | (209,818,182) |
(1,574,949) | (1,793,891) |
(245,709) | (3,721,417) |
(353,629,297) | 226,306,476 |
(2,393,347) | (16,222,501) |
- | - |
(6,460,823) | (229,730) |
1,614,080 | 1,742,020 |
- | 30,000,000 |
(7,240,090) | 15,289,789 |
(750,656) | (531,709) |
372,000,496 | - |
1,465,013,610 | 1,930,052,169 |
(1,476,815,290) | (2,048,013,626) |
359,448,160 | (118,493,166) |
(1,421,226) | 123,103,101 |
(101,026,673) | (224,129,774) |
(102,447,899) | (101,026,673) |
44,437,022 | 28,916,457 |
(146,884,921) | (129,943,130) |
(102,447,899) | (101,026,673) |
All amounts in Sri Lanka Rupees
Cash Flow From Operating Activities
Loss before taxation Adjustments for:
Depreciation on Property, Plant and Equipment Amortization of Intangible Assets
Provision for Defined Benefit Obligations - Gratuity Interest Income on Deposits and Savings
Inventory Write off/Reversal Provision on Trade Receivables Trademark impairment loss Amortization of Government Grant
Loss/(Gain) on Fair Valuation of Financial Investments Unrealized Exchange Loss on Borrowings
Interest on Lease Interest Expenses
Write off - Advance of Trade Creditors
Profit on Disposal of Property, Plant and Equipment
Operating Profit/(Loss) before Working Capital Changes Change in:
(Increase)/Decrease in inventories Increase in Trade Receivables
(Increase)/Decrease in Pre-payments and Other Receivables (Increase)/Decrease in Amounts due from Related Parties
(Increase)/Decrease in Deposits & Advances Receivables Increase /(Decrease) in Trade Payables Increase/(Decrease) in Amount due to Related Party Increase/(Decrease) in Deposits & Advances Payables
Increase / (decrease) in accrued expenses and other creditors
Cash generated from / (used) in operations
Interest Paid
Lease Interest Paid Gratuity Paid
Net cash generated from / (used) in operating activities
Cash Flows from Investing Activities Acquisition of Property, Plant and Equipment Acquisition of intangible assets
Net Increase / (Decrease) in Financial Assets Interest Received
Proceeds from sale of financial assets
Net Cash Generated/(Used in) Investing Activities
Cash Flows from Financing Activities
Repayments of lease creditors Issue of shares
Proceeds from interest bearing loans and borrowings
Repayment of interest bearing loans and borrowings
Net cash (used) in / generated from financing activities
Net Increase/(Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at the beginning of the year Cash and Cash equivalents as at the end of the year
Cash and Cash Equivalents End of the year
Cash in hand and cash at banks Bank Overdrafts
Cash and Cash Equivalents at end of the year Figures in brackets indicate deductions.
HVA FOODS PLCStatement of Changes in Equity
Provisional Financial Statements for the Twelve months ended 31st March All amounts in Sri Lanka Rupees
Group
Attributable to equity holders of the company
Stated capital Revaluation
reserves
Retained
earnings
Total
Balance as at 01stApril 2023 582,965,063 15,013,718 (573,046,322) 24,932,459
Loss For the Period (326,229,964) (326,229,964)
-
Other Comprehensive income -
Defined benefit plan Actuarial Gain (2,330,019) (2,330,019)
Deferred tax on actuarial gain on Retirement Benefit Obligations 702,294 702,294
Balance as at 31st March 2024 | 582,965,063 | 15,013,718 | (900,904,011) | (302,925,230) |
Balance as at 01stApril 2024 | 582,965,063 | 15,013,718 | (900,904,011) | (302,925,230) |
Rights Issue of Shares | 372,000,496 | - | - | 372,000,496 |
Loss for the Period | - | - | (139,930,381) | (139,930,381) |
Other Comprehensive income | ||||
Defined benefit plan Actuarial Gain | - | - | 580,162 | 580,162 |
Deferred tax on actuarial gain on Retirement Benefit Obligations | - - (524,957) | (524,957) | ||
Balance as at 31st March 2025 | 954,965,559 15,013,718 (1,040,779,187) | (70,799,910) | ||
Company | Stated capital | Revaluation reserves | Retained earnings | Total | ||
Balance as at 01stApril 2023 | 582,965,063 | 15,013,718 | (572,698,793) | 25,279,988 | ||
Loss For the Period | - | - | (326,119,987) | (326,119,987) | ||
Other Comprehensive income | ||||||
Defined benefit plan Actuarial Gain | - | - | (2,330,019) | (2,330,019) | ||
Deferred tax on actuarial gain on Retirement Benefit Obligations - - 702,294 702,294 | ||||||
Balance as at 31stMarch 2024 | 582,965,063 | 15,013,718 | (900,446,505) | (302,467,724) | ||
Balance as at 01stApril 2024 | 582,965,063 | 15,013,718 | (900,446,505) | (302,467,724) | ||
Rights Issue of Shares | 372,000,496 | - | - | 372,000,496 | ||
Loss For the Period | - | - | (139,833,586) | (139,833,586) | ||
Other Comprehensive income | ||||||
Defined benefit plan Actuarial Gain | - | - | 580,162 | 580,162 | ||
Deferred tax on actuarial gain on Retirement Benefit Obligations | - - (524,957) | (524,957) | ||||
Balance as at 31st March 2025 | 954,965,559 15,013,718 (1,040,224,886) | (70,245,609) | ||||
Figures in brackets indicate deductions. | ||||||
Provisional Financial Statements for the Twelve months ended 31st March 2025
Market price per share for the period ended 31st March
2024-25 2023-24
4th Quarter 4th Quarter Rs. Rs.
Highest 4.50 4.00
Lowest 3.10 3.30
Last Traded 3.50 3.70
The interim financial statements of the company and of the group have been prepared on the basis of the same accounting policies and method applied for the year ended 31st March 2025 and are in compliance with Sri Lanka Accounting Standard 34 - Interim financial reporting
Stated capital is represented by number of shares in issue as given below
No of shares Value ( Rs.)
As at 31st March 2025 244,526,188 954,965,559
As at 31st March 2024 116,250,155 582,965,063
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 period ended 31st March 2025
There have been no other events subsequent to the balance sheet date, which require disclosure in these financial statements other than what is disclosued below
Subsequent to the reporting date, the bank agreed to revise the monthly capital repayment of its existing Term Loan facility, effective 01 April 2025, reducing it from LKR 14mn per month to LKR 7mn per month. As at 31 March 2025, the Term Loan balance of LKR 370 million was classified under current liabilities and non-current liabilities based on the original offer letter in hand. Upon receiving the revised offer letter this will be reclassified in the upcoming quarter based on the revised capital repayment terms.
Major Shareholders and precentages of holdings
Name No of Shares % of Holding
GEORGE STEUART & CO LTD A/C NO 01 HVA LANKA EXPORTS (PRIVATE) LIMITED MR. A.R.H. FERNANDO
DR. S.M.T.B. SAMARAKOON
SENKADAGALA FINANCE PLC/G.A.M.P.CHANDANA MR. M.T. RAJAB KHAN
SENKADAGALA FINANCE PLC/S.GOBINATH MERCHANT BANK OF SRI LANKA & FINANCE PLC 01 MRS. R.M.N. WIJESEKARA
MR. T.G. THORADENIYA MR. M.I.V. FERNANDO
DIALOG FINANCE PLC/S.D.DIVAKARAGE POLGAHAWELA SANASA SOCIETIES UNION LTD MR. J.A.M. JIFFRY
MR. H.A. NASAR
MR.S.M.NAZEER & MRS.M.A.K.SAMSUNNISA MRS.K.T.A.PERERA
LAKE DRIVE HOLDINGS (PRIVATE) LIMITED MR. R.E. RAMBUKWELLE
ASSETLINE FINANCE LTD/P.B.C. VIDURANGA
202,021,804 82.62%
11,625,015 4.75%
1,747,724 0.72%
1,482,123 0.61%
1,372,413 0.56%
1,085,030 0.44%
1,000,000 0.41%
809,947 0.33%
700,000 0.29%
444,636 0.18%
402,545 0.17%
400,193 0.16%
400,000 0.16%
400,000 0.16%
381,673 0.16%
329,205 0.14%
315,517 0.13%
309,522 0.13%
291,000 0.12%
290,468 0.12%
MR. P. HIKKADUWA LIYANAGE 256,233 0.11%
MR.K.M.S.M.RAZIK
MERCHANT BANK OF SRI LANKA & FINANCE PLC/M G M C MAHANAMA EST OF LAT D. EASSUWAREN (DECEASED)
MR. M.H.A. KAMIL
SUB TOTAL OTHERS TOTAL
254,354 0.10%
244,000 0.10%
237,968 0.10%
226,064 0.09%
227,027,434 92.85%
17,498,754 7.15%
244,526,188 100.00%
HVA FOODS PLC
Provisional Financial Statements for the Twelve months ended 31st March 2025
To facilitate comparison and where relevant balance pertaining to the previous period have been reclassified
Analysis of Net Finance Cost
Group Company 12 months from 1st April to 3 months from 1st Jan to 12 months from 1st April to 3 months from 1st Jan to
31.03.2025
31.03.2024
31.03.2025
31.03.2024
31.03.2025
31.03.2024
31.03.2025
31.03.2024
103,160,343
211,516,375
22,986,001
40,750,204
103,160,343
211,516,375
22,986,001
40,750,204
7,351,111
8,816,686
1,142,561
2,128,555
7,351,611
8,815,571
1,142,561
2,127,440
10,154,380
20,495,995
964,138
1,789,020
10,154,380
20,495,995
964,138
1,789,020
120,665,834
240,829,056
25,092,700
44,667,779
120,666,334
240,827,941
25,092,700
44,666,664
Interest Cost Bank Charges
Exchange (Gain)/Loss
Directors Shareholding
Name No of Shares % of Holding Mrs.V S A Fernando - -Mr.M.P.D.Cooray
Mr.S A Amarasekere - -
Mr.S U.Dassanayake - -
Mr.S P S Ranatunga - -
Mr.C G Stork - -
The public holding precentage 31st March 2025 was 11.913% ( as at 31st March 2024 was 21.392%) comprising of 3,492 shareholders as at 31st March 2025 ( as at 31st March 2024 was 3,513)
The float adjusted market capitalization as at 31st March 2025 of Rs.101,960,649.00 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 company Mr.S.P.S.Ranatunga Secretaries
HVA Foods PLC Independent Non-Executive Director P.W.Corporate Secretarial (Pvt) Ltd 3/17, Kynsey Road, Colombo 08.
Legal form Ms.V.S.A.Fernando
Public Limited Liability Company Non-Executive Director
Lawyers
Registered office of the company Remuneration committee Capital Law Chambers and Corporate
No.118,Braybrooke place, Mr.M.P.D Cooray 75/6, Ward Place, Colombo 07.
Colombo 02.
Independent Non-Executive Director Chairman of the Committee
External Auditors
Company registration No BDO Partners PB
PV/1765 PB/PǪ Mr.S.P.S.Ranatunga Chartered Accountants Independent Non-Executive Director "Charter House"
Stock Exchange Listing 65/2,Sir Chittampalam A Gardiner
The Ordinary Shares are listed on Ms.V.S.A.Fernando Mawatha,Colombo 02. Colombo Stock Exchange Non-Executive Director
Internal Auditors
KPMG Sri Lanka
Directors Related Party Transaction Review Committee 32A, Sir Mohomad Macan Marker
Mr.S.P.S.Ranatunga Mr.M.P.D Cooray Mawatha,Colombo 01.
Independent Non-Executive Director/ Chairman
Independent Non-Executive Director Chairman of the Committee
Bankers
National Development Bank PLC
Ms.V.S.A.Fernando Mr.S.P.S.Ranatunga Hatton National Bank PLC Non-Executive Director Independent Non-Executive Director People's Bank
Bank of Ceylon
Mr.S.U.Dassanayake Mr.S.A.Ameresekere DFCC Bank PLC Executive Director / COO Non-Executive Director
Investors relations
Mr.M.P.D Cooray HVA Foods PLC
Independent Non-Executive Director Nominations and Governance Committee No.118, Braybrooke Place, Colombo 02.
Mr.M.P.D Cooray Tel. 011 4427600
Mr.S.A.Ameresekere
Non-Executive Director
Independent Non-Executive Director Chairman of the Committee
Web : https://www.heladiv.com
Mr.C.G.Stork Mr.S.P.S.Ranatunga
Executive Director / CEO Independent Non-Executive Director
Ms.V.S.A.Fernando
Audit Committee Non-Executive Director
Mr.M.P.D Cooray
Independent Non-Executive Director Chairman of the Committee