LANKA MILK FOODS (CWE) PLC INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 30TH JUNE 2025
LANKA MILK FOODS (CWE) PLC
CORPORATE INFORMATION
THE COMPANY - LANKA MILK FOODS (CWE) PLC.
LEGAL STATUS - A PUBLIC QUOTED COMPANY WITH LIMITED LIABILITY UNDER THE PROVISION OF COMPANIES ACT NO 7 OF 2007
REGISTERED OFFICE - WELISARA, RAGAMA, SRI LANKA
- TEL: +9411 5222600 FAX: +9411 2956266
EMAIL: lakspray@lmfgroup.lk
WEBSITE: https://www.lmfgroup.lk
DATE OF INCORPORATION - 12TH NOVEMBER 1981 COMPANY REGISTRATION NUMBE - PQ 142
COMPANY SECRETARY MS. H.K BULATHWATTE
BOARD OF DIRECTORS -
MR. C.R JANSZ -(CHAIRMAN - EXECUTIVE DIRECTOR)
MR. D.HASITHA .S JAYAWARDENA (NON-EXECUTIVE DIRECTOR)
MS. D.S.T JAYAWARDENA (DEPUTY CHAIRMAN- EXECUTIVE DIRECTOR) MR. H.M.A JAYASINGHE ( INDEPENDENT NON-EXECUTIVE DIRECTOR) MR. J.T.M COORAY ( INDEPENDENT NON-EXECUTIVE DIRECTOR)
MR. K DAYAPARAN (EXECUTIVE DIRECTOR) W.E F 25TH JULY 2025
MR. D.H.S JAYAWARDENA (CHAIRMAN- NON EXECUTIVE) (DECEASED ON 03.02. 2025)
AUDITORS - MESSRS. KPMG (CHARTERED ACCOUNTANTS)
32 A, SIR MOHAMED MACAN MARKAR MAWATHA
P.O BOX 186
COLOMBO 3. SRI LANKA
SUBSIDIARY COMPANIES - LANKA DAIRIES LIMITED
AMBEWELA LIVESTOCK COMPANY LIMITED PATTIPOLA LIVESTOCK COMPANY LIMITED AMBEWELA PRODUCTS (PRIVATE) LIMITED INDO LANKA EXPORTS (PRIVATE) LIMITED UNITED DAIRIES LANKA (PRIVATE) LIMITED
BANKERS - HATTON NATIONAL BANK PLC. DFCC BANK PLC.
COMMERCIAL BANK OF CEYLON PLC
HONGKONG & SHANGHAI BANKING CORPORATION LTD BANK OF CEYLON
LANKA MILK FOODS (CWE) PLC. CONDENSED FINANCIAL STATEMENTS
FOR THE THREE MONTHS ENDED 30TH JUNE 2025
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
GROUP
2025.06.30 | 2024.06.30 | Change |
Rs. 000's | Rs. 000's | Rs. 000's |
+ / (-) | ||
4,668,369 | 3,942,529 | 725,840 |
(3,707,529) | (3,115,205) | (592,324) |
960,840 | 827,324 | 133,516 |
376,456 | 487,332 | (110,876) |
(301,075) | (309,855) | 8,780 |
(266,321) | (208,652) | (57,669) |
(189,526) | (243,142) | 53,616 |
580,374 | 553,007 | 27,367 |
52,379 | 38,318 | 14,061 |
(139,290) | (170,661) | 31,371 |
- (86,911) | (132,343) | 45,432 |
493,463 | 420,664 | 72,799 |
(116,376) | (340,265) | 223,889 |
377,087 | 80,399 | 296,688 |
3,347,923 | (505,029) | 3,852,952 |
3,347,923 | (505,029) | 3,852,952 |
3,725,010 | (424,630) | 4,149,640 |
377,118 | 80,426 | 296,692 |
(31) | (27) | (4) |
377,087 | 80,399 | 296,688 |
3,725,041 | (424,603) | 4,149,644 |
(31) | (27) | (4) |
3,725,010 | (424,630) | 4,149,640 |
0.94 | 0.20 | |
FOR THE THREE MONTHS ENDED
Revenue Cost of Sales
GROSS PROFIT/(LOSS)
Other Operating Income Administrative Expenses Distribution Expenses
Other Operating Expenses
PROFIT/(LOSS) FROM OPERATIONS
Finance Income
Finance Expense
Net Finance - Income / (Expense)
PROFIT /(LOSS) BEFORE INCOME TAX EXPENSES
Income Tax (Expenses)/Reversal (Note 8)
PROFIT/(LOSS) FOR THE PERIOD
Other Comprehensive Income/(Expense) for the Period Items that will never be reclassified to profit or loss
Net change in Fair Value of Equity Securities-at FVOCI Other Comprehensive Income/(Expense) for the Period Total Comprehensive Income/(Expense) For the Period
Profit /(Loss) Attributable To:
Owners of the Company Non Controlling Interest
PROFIT/(LOSS) FOR THE PERIOD
Total Comprehensive Income/(Expense) Attributable To :
Owners of the Company Non Controlling Interest
Total Comprehensive Income/(Expense) For the Period
EARNINGS PER SHARE OF Rs.
LANKA MILK FOODS (CWE) PLC. CONDENSED FINANCIAL STATEMENTS
FOR THE THREE MONTHS ENDED 30TH JUNE 2025
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
COMPANY
2025.06.30 | 2024.06.30 | Change |
Rs. 000's | Rs. 000's | Rs. 000's |
+ / (-) | ||
1,381,538 | 1,425,199 | (43,661) |
(1,194,116) | (1,184,037) | (10,079) |
187,422 | 241,162 | (53,740) |
43,471 | 32,503 | 10,968 |
(107,529) | (86,971) | (20,558) |
(84,184) | (49,669) | (34,515) |
- | - | - |
39,180 | 137,025 | (97,845) |
69,202 | 59,703 | 9,499 |
(9,030) | (58,042) | 49,012 |
60,172 | 1,661 | 58,511 |
99,352 | 138,686 | (39,334) |
(21,196) | (19,642) | (1,554) |
78,156 | 119,044 | (40,888) |
3,347,923 | (505,029) | 3,852,952 |
3,347,923 | (505,029) | 3,852,952 |
3,426,079 | (385,985) | 3,812,064 |
78,156 | 119,044 | (40,888) |
- | - | - |
78,156 | 119,044 | (40,888) |
3,426,079 | (385,985) | 3,812,064 |
- | - | - |
3,426,079 | (385,985) | 3,812,064 |
0.20 | 0.30 | |
FOR THE THREE MONTHS ENDED
Revenue Cost of Sales
GROSS PROFIT/(LOSS)
Other Operating Income Administrative Expenses Distribution Expenses
Other Operating Expenses
PROFIT/(LOSS) FROM OPERATIONS
Finance Income Finance Expense
Net Finance - Income / (Expense)
PROFIT /(LOSS) BEFORE INCOME TAX EXPENSES
Income Tax (Expenses)/Reversal (Note-8)
PROFIT/(LOSS) FOR THE PERIOD
Other Comprehensive Income/(Expense) for the Period Items that will never be reclassified to profit or loss
Net change in Fair Value of Equity Securities-at FVOCI
Other Comprehensive Income/(Expense) for the Period Total Comprehensive Income/(Expense) For the Period Profit /(Loss) Attributable To:
Owners of the Company
Non Controlling Interest
PROFIT/(LOSS) FOR THE PERIOD
Total Comprehensive Income/(Expense) Attributable To:
Owners of the Company Non Controlling Interest
Total Comprehensive Income/(Expense) For the Perid
EARNINGS PER SHARE OF Rs.
STATEMENT OF FINANCIAL POSITION
As At ASSETS
NON-CURRENT ASSETS
Property Plant and Equipment Intangible Assets
Investment in Subsidiaries Other Investments Biological Assets
Deferred Tax Asset (Note-8) Right Of Use Assets
TOTAL NON CURRENT ASSETS
CURRENT ASSETS
Inventories Biological Assets Other Investments Trade Receivable Other Receivables
Amounts Due from Related Companies Cash & Cash equivalents
TOTAL CURRENT ASSETS TOTAL ASSETS
EQUITY AND LIABILITIES EQUITY
Stated Capital ( Note 7) Capital Reserves
Fair ValueThrough Other Comprehensive Income Reserve Revenue Reserves
Total Equity attributable to Equity Holders of the company
Non Controlling Interest
TOTAL EQUITY
LIABILITIES
NON-CURRENT LIABILITIES
Loans and Borrowings Lease Liabilities
Deferred Tax Liability ( Note-8) Retirement Benefits Obligation
TOTAL NON CURRENT LIABILITIES
CURRENT LIABILITIES
Trade and Other Payables
Amounts Due to Related Companies Income Tax Payable
Loans and Borrowings
Lease Liabilities Bank Overdraft
TOTAL CURRENT LIABILITIES TOTAL LIABILITIES
TOTAL EQUITY AND LIABILITIES
Net Asset Value Per Share Rs. Cts.
GROUP COMPANY
. .
2025.06.30 | 2025.03.31 | 2025.06.30 | 2025.03.31 |
Rs. 000's | Rs. 000's | Rs. 000's | Rs. 000's |
5,524,363 | 5,563,976 | 93,716 | 95,980 |
1,308 | 1,496 | 1,308 | 1,496 |
- | - | 5,015,000 | 5,015,000 |
24,270,052 | 20,922,129 | 24,270,053 | 20,922,129 |
3,066,107 | 3,079,982 | - | - |
189,297 | 132,725 | 29,222 | 29,416 |
1,360,016 | 1,786,706 | 218 | 225 |
34,411,143 | 31,487,014 | 29,409,517 | 26,064,246 |
4,209,383 67,110 406,480 1,785,305 136,854 3,072 85,808 | 4,326,515 62,445 373,882 1,723,946 211,945 44,696 45,932 | 759,043 -406,480 480,947 48,059 1,190,844 34,243 | 1,298,555 -373,882 438,856 43,098 948,988 21,578 |
6,694,012 | 6,789,361 | 2,919,616 | 3,124,957 |
41,105,155 | 38,276,375 | 32,329,133 | 29,189,203 |
999,950 105,116 23,698,966 7,826,655 | 999,950 105,116 20,351,043 7,449,537 | 999,950 105,116 23,698,966 6,680,770 | 999,950 105,116 20,351,043 6,602,613 |
32,630,687 | 28,905,646 | 31,484,802 | 28,058,722 |
(649) | (618) | - | - |
32,630,038 | 28,905,028 | 31,484,802 | 28,058,722 |
1,406,250 1,804,071 937,815 228,398 | 1,406,250 2,058,804 977,125 220,962 | -276 - 98,982 | -267 - 94,581 |
4,376,534 | 4,663,141 | 99,258 | 94,848 |
1,055,824 107,550 251,141 1,475,000 35,755 1,173,313 | 1,422,982 87,476 195,158 2,025,001 35,755 941,834 | 226,035 262,786 32,157 -18 224,077 | 404,045 85,067 24,642 350,000 18 171,861 |
4,098,583 | 4,708,206 | 745,073 | 1,035,633 |
8,475,117 | 9,371,347 | 844,331 | 1,130,481 |
41,105,155 | 38,276,375 | 32,329,133 | 29,189,203 |
81.58 | 72.27 | 78.72 | 70.15 |
I certify that the Financial Statements have been prepared in compliance with the requirements of Companies Act No 07 of 2007.
The Board of Directors is responsible for the preparation and presentation of these Financial statements .Signed for and on behalf of the Board by,
W.A Dharmathilaka
Group Chief Financial Officer C.R Jansz D.Hasitha Jayawardena
13th August 2025 Chairman Director
STATEMENT OF CHANGES IN EQUITY
GROUP
Attributable to Equity Holders of the Company
Dairy Stated Capita Revaluation Development | FVOCI | Retained | Total | Non Controlling | Total | ||
Reserve Project Reserve | Reserve | Earnings | Interest | Equity | |||
Rs.000' S | Rs.000' S | Rs.000' S | Rs.000' S | Rs.000' S | Rs.000' S | Rs.000' S Rs.000' S | |
Balance as at 01.04.2024 999,950 105,116 110,000 14,001,631 6,590,107 21,806,804 (507) 21,806,297
Total Comprehensive Income
Profit /(Loss) for the Period - - - - 80,426 80,426 (27) 80,399
- -
Other Comprehensive Income - -
Net change in Financial Instrument measured at FVOIC - (505,029) (505,029) (505,029)
Total Other Comprehensive Income for the Period (505,029) - (505,029) - (505,029) Total Comprehensive Income for the Period - - - (505,029) 80,426 (424,603) (27) (424,630) Dividend Paid - - - -
Balance as at 30.06.2024 999,950 105,116 110,000 13,496,602 6,670,533 21,382,201 (534) 21,381,667
Balance as at 01.04 .2025 999,950 105,116 110,000 20,351,043 7,339,537 28,905,646 (618) 28,905,028
Total Comprehensive Income
Profit /(Loss) for the Period - - - - 377,118 377,118 (31) 377,087
Other Comprehensive Income - - - - - - -
Net change in Financial Instrument measured at FVOIC 3,347,923 3,347,923 3,347,923
Total Other Comprehensive Income for the Period 3,347,923 - 3,347,923 - 3,347,923
Total Comprehensive Income for the Period 3,347,923 377,118 3,725,041 (31) 3,725,010
Dividend Paid - - - -
Balance as at 30.06.2025 999,950 105,116 110,000 23,698,965 7,716,655 32,630,687 (649) 32,630,038
COMPANY | Dairy Stated Capita Revaluation Development | FVOCI | Retained Earnings | Total | |||
Reserve | Project Reserve | Reserve | |||||
Rs.000's | Rs.000's | Rs.000's | Rs.000's | Rs.000's | Rs.000's | ||
Balance as at 01.04.2024 | 999,950 | 105,116 | 110,000 | 14,001,631 | 5,079,023 | 20,295,720 | |
Total Comprehensive Income | |||||||
Profit /(Loss) for the Period Other Comprehensive Income Net change in Financial Instrument measured at FVOIC | - | - | - | - (505,029) | 119,044 - - | 119,044 (505,029) | |
Total Other Comprehensive Income for the Period | (505,029) | - | (505,029) | ||||
Total Comprehensive Income for the Period | (505,029) | 119,044 | (385,985) | ||||
Dividend Paid | - | - | - | - | - | - | |
Balance as at 30.06.2024 | 999,950 | 105,116 | 110,000 | 13,496,602 | 5,198,067 | 19,909,735 | |
Balance as at 01.04 .2025 | 999,950 | 105,116 | 110,000 | 20,351,043 | 6,492,613 | 28,058,722 | |
Total Comprehensive Income | |||||||
Profit /(Loss) for the Period | - | - | - | 78,156 | 78,156 | ||
Other Comprehensive Income | - | - | - | - | - | ||
Net change in Financial Instrument measured at FVOIC | - | - | - | 3,347,923 | - | 3,347,923 | |
Total Other Comprehensive Income for the Period | 3,347,923 | - | 3,347,923 | ||||
Total Comprehensive Income for the Period | - | - | 3,347,923 | 78,156 | 3,426,079 | ||
Dividend Paid | - | - | - | - | - | - | |
Balance as at 30.06.2025 | 999,950 | 105,116 | 110,000 | 23,698,965 | 6,570,770 | 31,484,802 | |
STATEMENT OF CASH FLOWS
GROUP COMPANY
FOR THE THREE MONTHS ENDED
CASH FLOW FROM OPERATING ACTIVITIES
Profit / (Loss) before Income Tax Expenses
Adjustments for
Depreciation on Property, Plant & Equipment Amortisation Of Right Of Use Assets Amortisation Of Intangible Assets
Changes in Fair Value of Heald for Trading Investments Assets Held for Trading
Lease Rental Income
(Gain) /Loss on translation in foreign currency
(Gain) / Loss on disposal of Biological Assets Provision for Retirement Benefit Obligation
Provision / (Reversal) of Impairment of Trade Receivables
Provision / (Reversal) of Impairment of Other Receivables
Provision / (Reversal) of Impairment for Amounts due from Related Companies Change in Fair value of Biological Assets
Interest Income
Interest Expenses On Lease Liability Dividend Income
Interest Expense
Operating Profit/ (Loss) before Working Capital Changes
Changes In Working Capital:
(Increase)/ Decrease In Inventories and Biological Assets (Increase)/ Decrease In Trade and Other Receivables (Increase)/ Decrease in Amounts due from Related Companies (Increase)/ Decrease in Amounts due to Related Companies (Increase)/ Decrease in Trade and Other payables
Cash Flows Generated from / (used in) Operating Activities
Interest Paid
Taxes Paid
Retiring Benefit Obligation Paid
Net Cash flows generated from/used in) Operating Activities
CASH FLOW FROM INVESTING ACTIVITIES
Interest Received Dividend Received
Purchase & construction of Property, Plant & Equipment Proceeds from Sale of Biological Assets
Acquisition of Biological Assets
Net Cash Flows generated from/used in Investing Activities
CASH FLOW FROM FINANCING ACTIVITIES
Loan Obtained During the Period Repayment of Borrowings During the Period
Net Cash Flows generated from/used in Financing Activities
Net Increase / (Decrease) in Cash & Cash Equivalent
Cash and Cash Equivalents at Beginning of the Year Cash and Cash Equivalents at end of Period (Note A)
NOTE -A
ANALYSIS OF THE CASH AND CASH EQUIVALENTS AT THE END OF PERIOD
Cash and Cash equivalents Bank Overdraft
2025.06.30 Rs.000's | 2024.06.30 Rs.000's | 2025.06.30 Rs.000's | 2024.06.30 Rs.000's |
493,463 | 420,664 | 99,352 | 138,686 |
87,803 | 91,595 | 4,356 | 4,335 |
7,104 | 4,267 | 7 | 7 |
187 | 187 | 187 | 187 |
(28,761) | (17,238) | (28,761) | (17,238) |
- | - | - | - |
(4,364) | (4,765) | - | - |
49,894 | 86,044 | - | 3,750.00 |
9,367 | 9,046 | 4,400 | - |
5,250 | (10,000) | 0 | - |
- | - | - | - |
- | - | - | (30,000) |
(124,164) | (458,308) | - | - |
(991) | (3,979) | (22,178) | (30,129) |
43,765 | 21,219 | 10 | 11 |
(18,263) | (12,337) | (18,263) | (12,337) |
95,527 | 149,443 | 9,021 | 58,030 |
615,817 | 275,838 | 48,131 | 115,302 |
117,132 | (321,785) | 539,512 | 21,147 |
8,482 | 292,969 | (47,052) | 195,338 |
41,624 | 25,442 | (241,856) | 755,707 |
20,074 | (28,514) | 177,719 | (42,610) |
(352,996) | (283,913) | (178,010) | (171,099) |
450,133 | (39,963) | 298,444 | 873,785 |
(95,527) | (149,443) | (9,021) | (58,030) |
(35,015) | (2,022) | (13,486) | (192) |
(3,076) | (5,803) | - | (5,635) |
316,515 | (197,231) | 275,937 | 809,928 |
991 14,426 (48,002) 104,104 (29,636) | 3,979 8,571 (173,724) 112,330 (4,900) | 22,178 14,426 (2,091) - - | 30,129 8,571 (991) - |
41,883 | (53,744) | 34,513 | 37,709 |
- | 2,800,000 | - | 1,450,000 |
(550,000) | (2,548,750) | (350,000) | (2,205,000) |
(550,000) | 251,250 | (350,000) | (755,000) |
(191,602) | 275 | (39,550) | 92,637 |
(895,903) | (802,276) | (150,284) | (184,028) |
(1,087,505) | (802,001) | (189,834) | (91,391) |
85,808 (1,173,313) | 264,545 (1,066,546) | 34,243 (224,077) | 36,764 (128,155) |
(1,087,505) | (802,001) | (189,834) | (91,391) |
SEGMENTAL REPORTING
FOR THE THREE MONTHS ENDED
POWDERED MILK
TRADING
LIQUID MILK AND OTHERS AGRICULTURE ELIMINATION GROUP
2025.06.30 2024.06.30 2025.06.30 2024.06.30 2025.06.30 2024.06.30
Rs.000's Rs.000's Rs.000's Rs.000's Rs.000's Rs.000's
2025.06.30
Rs.000's
2024.06.30 2025.06.30 2024.06.30 2025.06.30 2024.06.30
Rs.000's
Rs.000's
Rs.000's
Rs.000's
Rs.000's
1,185,028 1,171,639
196,510 253,560 3,296,335 2,857,536 1,612,704 1,175,232 (1,622,208) (1,515,438) 4,668,369 3,942,529
33,695 113,731
5,485
23,294
378,166
124,708
135,734 321,227
27,294
(29,953)
580,374
553,007
51,748
1,380
8,424
283
(9,461)
(7,628) (137,622) (126,378)
-
-
(86,911) (132,343)
(18,229) (16,303)
(2,967) (3,339)
(66,369)
(35,978) (12,680) (284,645)
(16,131)
-
(116,376) (340,265)
67,214
98,808
10,942
20,238
302,336
81,102 (14,568)
(89,796)
11,163
(29,953)
377,087
80,399
Total Revenue
Profit/(Loss) from operations
Net finance Income / (expenses)
Income Tax (Expenses)/Reversal
Profit / (Loss) for the Period
Reportable segment Operations
Powdered Milk Importing, packaging and Distribution of Milk allied products.
Liquid Milk and Others Operating Chain of Packing and Selling of UHT Products,"Daily","Ambewela Farm Fresh Milk",Yogurt and Fruit Juice. Agriculture Rearing of Cattle to produce and Sale of Cow Milk and Agricultural development of the Farms.
Trading Distribution of Dano,Happy Cow Cheese and Red Bull Energy Drink.
NOTES TO THE FINACIAL STATEMENTS
The above figures are provisional and subject to Audit.
These interim Financial statements have been prepared in compliance with the requirements of the new Sri Lanka Accounting Standard LK as 34 on "Interim Financial Reporting". There were no changes to the Accountant policies and method of computation since the publication of Annual Report 2025.
There have been no material events subsequent to the period, which require additional disclosure in the Financial Statements.
Comparative figures have been re-classified according to current period classification wherever necessary.
There are no material Contingent Liabilities or Assets which require disclosure in these Interim Financial Statements.
All known expenses including Management fees and similar expenses have been provided for, in these Financial statements.
Stated Capital of the Company represents 399,980,000 ordinary shares.The Ordinary shares of the company subdivided by splitting each issued ordinary shares into 10 ordinary Shares from 10th January 2024. consequently the total number of existing issued ordinary shares will be increased from 39,998,000 to 399,980,000 without changing the Stated Capital of the Company which will remain at Rs.999,950,000
8 The group has used the following tax rates in assessing the Deferred tax assets/Liability for the current financial year.
Tax Rates %
2025/2026 2024/2025Lanka Milk Foods (CWE) PLC. | 30 | 30 |
Lanka Dairies Ltd | 30 | 30 |
Ambewela Products (private) Ltd | 20 | 20 |
Ambewela livestock Co. Ltd | 30 | 30 |
Pattipola Livestock Co.Ltd | 30 | 30 |
United Daries Lanka (Private) Ltd | 30 | 30 |
GROUP | COMPANY | |||
2025.06.30 | 2024.06.30 | 2025.06.30 | 2024.06.30 | |
Rs. 000's | Rs. 000's | Rs. 000's | Rs. 000's | |
Income Tax Expenses | (91,345) | (47,310) | (21,000) | (21,000) |
Deferred Tax | (25,031) | (292,955) | (196) | 1,358 |
Income Tax (Expenses)/Reversal | (116,376) | (340,265) | (21,196) | (19,642) |
9 Directors' and Chief Executive Officer Shareholdings | ||
The Directors' shareholdings in the Company were as follows. | ||
Name of the Directors | As at 30th June 2025 | |
No Of Shares | ||
Mr. C.R Jansz | Nil | |
Mr. D. Hasitha .S Jayawardena | Nil | |
Ms. D.S.T Jayawardena | 29,340 | |
Mr. H.M.A Jayasinghe | Nil | |
Mr. J.T.M Cooray MR. K . Dayaparan* Mr. D. H.S Jayawardena (Deaceased on 03.02.2025) | Nil Nil Nil | |
Chief Executive Officer | ||
Mr. Sasanka Perera | Nil | |
*Appointed With effect from 25th July 2025 | ||
10 Share Information | ||
10.1 Market Price per Share | ||
The market price recorded during the quarter ended 30th June | ||
2025.06.30 | 2024.06.30 | |
Highest Price Rs. Cts. | 57.00 | 34.50 |
Lowest Price Rs. Cts. | 38.00 | 27.00 |
Last Traded Price Rs. Cts. | 54.70 | 29.10 |
10.2.2 | Twenty Five Major Shareholders | ||
NAME OF THE SHAREHOLDERS | NO OF SHARES | % ON TOTAL ISSUED CAPITAL | |
1 MILFORD EXPORTS (CEYLON) (PVT) LIMITED | 134,265,400 | 33.57 | |
2 MELSTACORP PLC | 130,360,740 | 32.59 | |
3 SEYLAN BANK PLC/ARRC CAPITAL (PVT) LTD | 24,218,834 | 6.06 | |
4 SENKADAGALA FINANCE PLC. | 7,918,790 | 1.98 | |
5 MUZAFFAR ALI YASEEN | 5,538,906 | 1.38 | |
6 SARASVATHI VASUDEVAN | 3,600,000 | 0.90 | |
7 SEYLAN BANK PLC/S.R FERNANDO | 2,327,925 | 0.58 | |
8 NAWALAGE SAMEEN AMILA COORAY | 2,200,000 | 0.55 | |
9 EMFI CAPITAL LIMITED | 1,973,717 | 0.49 | |
10 SRI LANKA INSURANCE CORPORATION LIFE LTD PARTICIPATING PORTFOLIO A/C 01 | 1,838,112 | 0.46 | |
11 RADHAKRISHNAN MAHESWARAN (DECEASED) | 1,559,290 | 0.39 | |
12 MANICKAM VALLIPURAM THEAGARAJAH | 1,409,330 | 0.35 | |
13 RAJAPAKSHA RATHNAYAKA SARATH ANANDA | 1,204,108 | 0.30 | |
14 WIJEKOON MUDIYANSELAGE SRIYANANDA | 1,100,000 | 0.28 | |
15 DINESH NAGENDRA SELLAMUTTU | 1,017,480 | 0.25 | |
16 HANIF YUSOOF | 1,017,000 | 0.25 | |
17 DEUTSCHE BANK AG AS TRUSTEE TO ASSETLINE INCOME PLUS GROWTH FUND | 1,000,000 | 0.25 | |
18 LORRAINE ESTELLE MARLENE YASEEN | 1,000,000 | 0.25 | |
19 WARNA THUWAN HUSSAIN | 900,000 | 0.23 | |
20 DEUTSCH BANK AG - NATIONAL EQUITY FUND | 878,542 | 0.22 | |
21 COMMERCIAL BANK OF CEYLON PLC A/C NO. 4 | 850,000 | 0.21 | |
22 HATTON NATIONAL BANK PLC/DINESH NAGENDRA SELLAMUTTU | 817,540 | 0.20 | |
23 ARUNASALAM SITHAMPALAM | 811,100 | 0.20 | |
24 HATTON NATIONAL BANK PLC/NDB WEALTH GROWTH | 800,000 | 0.20 | |
25 HEMANTHI INDIKA LOKUGE | 643,000 | 0.16 | |
SUB TOTAL | 329,249,814 | 82.30 | |
OTHER SHAREHOLDERS | 70,730,186 | 17.70 | |
GRAND TOTAL | 399,980,000 | 100.00 | |
10.3 | |||
Public Shareholdings | 2025.06.30 | ||
Number of Shares held by Public | 135,313,234 | ||
Number of Public Shareholders | 7,356 | ||
Percentage of Shares held by Public | 33.83% | ||
Float Adjusted Market Capitalization (Rs. '000 ) | 7,401,634 | ||
Company complies with the Minimum Public Holding Requirement under option 5 as set out in the listing rules 7.13.1 | |||