INTERIM FINANCIAL STATEMENTS
For the Six Months Period Ended 30th September 2024
LOTUS HYDRO POWER PLC
2nd Floor, No. 168, Negombo Road, Peliyagoda, Sri Lanka.
LOTUS HYDRO POWER PLC
INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHS PERIOD ENDED 30TH SEPTEMBER 2024
PAGE | CONTENTS |
NO.
- STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - GROUP
- STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - COMPANY
- STATEMENT OF FINANCIAL POSITION - GROUP & COMPANY
- STATEMENT OF CHANGES IN EQUITY - GROUP & COMPANY
- STATEMENT OF CASH FLOW - GROUP & COMPANY
- NOTES TO THE INTERIM FINANCIAL STATEMENTS
- INVESTOR INFORMATION
- CORPORATE INFORMATION
LOTUS HYDRO POWER PLC
INTERIM FINANCIAL STATEMENTS
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Group | ||
Three months ended | ||
Un-audited | ||
30.09.2024 | 30.09.2023 | Variance |
Page -01
Group | |||
Six months ended | Year ended | ||
Un-audited | Audited | ||
30.09.2024 | 30.09.2023 | Variance | 31.03.2024 |
Revenue
Cost of sales
Gross profit
Other income
Administration expenses
Profit from operating activities
Finance income
Finance costs
Net finance income
Rs.
52,528,711
(29,613,841)
22,914,870
-
(14,358,469)
8,556,401
6,149,889
(253,182)
5,896,707
Rs.
46,243,067
(24,519,922)
21,723,145
-
(13,235,339)
8,487,806
3,873,468
(249,733)
3,623,735
%
14%
21%
5%
-
8%
1%
59%
1%
63%
Rs.Rs.
157,376,332 72,921,165
(56,524,646) (50,468,069)
100,851,686 22,453,096
-
8,072,163
(27,189,182) (24,218,719)
73,662,504 6,306,540
12,361,922 9,738,678
(536,771) (549,429)
11,825,151 9,189,249
%
116%
12%
349%
-100%
12%
1068%
27%
-2%
29%
Rs.
221,656,786
(111,440,074)
110,216,712
6,833,175
(51,059,608)
65,990,279
16,737,138
(1,192,713)
15,544,425
Profit before tax
Income tax expense
Profit for the period
Other comprehensive income
14,453,108 12,111,541 19%
(5,891,018) (3,173,822) 86%
8,562,090 | 8,937,719 | -4% | |
85,487,655 15,495,789
(25,042,729) (3,956,562)
60,444,926 11,539,227
452%
533%
424%
81,534,704
(16,526,454)
65,008,250
Acturial gain / (loss) on defined benefit plan | - | - | - | |
Deferred tax on actuarial loss on retirement benefit | ||||
obligations | - | - | - | |
Other comprehensive income net of tax | - | - | - |
--
- | - | |
- | - |
-
-
-
434,281
(94,988)
339,293
Total comprehensive income for the period | 8,562,090 | 8,937,719 | -4% |
Earnings per share - Rs. | 0.08 | 0.08 | |
Figures in brackets indicate deductions. | |||
The above figures are subject to audit. | |||
Colombo | |||
12th November 2024 |
60,444,926 | 11,539,227 | 424% | 65,347,543 |
0.55 | 0.11 | 0.60 |
Page -02
LOTUS HYDRO POWER PLC
INTERIM FINANCIAL STATEMENTS
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Company | Company | ||||||
Three months ended | Six months ended | Year ended | |||||
Un-audited | Un-audited | Audited | |||||
30.09.2024 | 30.09.2023 | Variance | 30.09.2024 | 30.09.2023 | Variance | 31.03.2024 |
Revenue
Cost of sales
Gross profit
Other income
Administration expenses
Profit from operating activities
Finance income
Finance costs
Net finance income
Profit before tax
Income tax expense
Profit for the period
Rs. | Rs. | % | |||
27,384,344 | 26,012,850 | 5% | |||
(16,364,306) | (12,200,457) | 34% | |||
11,020,038 | 13,812,393 | -20% | |||
16,500,000 | - | - | |||
(13,624,868) | (12,673,794) | 8% | |||
1120% | |||||
13,895,170 | 1,138,599 | ||||
10% | |||||
4,244,718 | 3,873,468 | ||||
(8,737) | (3,583) | 144% | |||
4,235,981 | 3,869,885 | 9% | |||
18,131,151 | 5,008,484 | 262% | |||
(3,112,466) | 152,018 | -2147% | |||
191% | |||||
15,018,685 | 5,160,502 | ||||
Rs.Rs.
95,042,232 38,229,027
(30,333,697) (26,645,663)
64,708,535 11,583,364
16,500,000 8,072,163
(25,898,225) (23,244,619)
55,310,310 (3,589,092)
8,519,862 9,738,678
(55,072) (63,659)
8,464,790 9,675,019
63,775,100 6,085,927
(17,000,953) (395,837)
46,774,147 5,690,090
%
149%
14%
459%
104%
11%
-1641%
-13% -13% -13%
948%
4195%
722%
Rs.
127,550,502
(56,776,331)
70,774,171
6,833,175
(48,995,789)
28,611,557
16,737,138
(189,759)
16,547,379
45,158,936
(10,036,622)
35,122,314
Other comprehensive income | ||||||||||
Acturial gain / (loss) on defined benefit plan | - | - | - | - | - | - | 81,317 | |||
Deferred tax on actuarial loss on retirement benefit | ||||||||||
obligations | - | - | - | - | - | - | (24,395) | |||
Other comprehensive income net of tax | - | - | - | - | - | - | 56,922 | |||
Total comprehensive income for the period | 191% | 722% | ||||||||
15,018,685 | 5,160,502 | 46,774,147 | 5,690,090 | 35,179,236 | ||||||
Earnings per share - Rs. | 0.14 | 0.05 | 0.43 | 0.05 | 0.32 | |||||
Figures in brackets indicate deductions. | ||||||||||
The above figures are subject to audit. |
Colombo
12th November 2024
LOTUS HYDRO POWER PLC
STATEMENT OF FINANCIAL POSITION
AS AT 30TH SEPTEMBER
Group | ||||
Un-audited | Audited | |||
30.09.2024 | 30.09.2023 | 31.03.2024 | ||
ASSETS | Rs. | Rs. | Rs. | |
Non-current assets | 522,300,918 | 564,854,894 | 543,080,260 | |
Property, plant and equipment | ||||
Right of use Land | 16,013,699 | 11,885,523 | 18,155,477 | |
Capital work-in-progress | 9,368,488 | 9,368,488 | 9,368,488 | |
Investments in subsidiaries | - | - | - | |
Total non current assets | 547,683,105 | 586,108,905 | 570,604,225 | |
Current assets | 21,436,476 | 23,354,093 | 22,115,105 | |
Inventories | ||||
Trade and other receivables | 45,822,997 | 140,091,387 | 32,724,247 | |
Amounts due from related parties | 86,594,008 | 1,641,610 | 69,328,189 | |
Cash and cash equivalents | 241,298,833 | 62,094,005 | 185,006,246 | |
Total current assets | 395,152,314 | 227,181,095 | 309,173,787 | |
Total assets | 942,835,419 | 813,290,000 | 879,778,012 | |
EQUITY AND LIABILITIES | ||||
Capital and reserve | 482,300,200 | 482,300,200 | 482,300,200 | |
Stated capital | ||||
Revaluation reserve | 143,693,290 | 152,963,822 | 148,328,557 | |
Reserves | 101,802 | 101,802 | 101,802 | |
Retained earnings | 64,903,899 | 17,741,803 | 76,185,384 | |
Total equity | 690,999,191 | 653,107,627 | 706,915,943 | |
Non-current liabilities | 123,477,172 | 130,653,748 | 126,932,589 | |
Deferred tax liability | ||||
Lease liability | 7,706,432 | 7,788,551 | 7,737,507 | |
Retirement benefit obligations | 11,344,336 | 8,874,596 | 10,114,335 | |
Total non-current liabilities | 142,527,940 | 147,316,895 | 144,784,431 | |
Current liabilities | 85,408,352 | 7,672,465 | 8,927,481 | |
Expense and other payables | ||||
Amounts due to related parties | 304,277 | 682,808 | 113,474 | |
Lease liability | 60,223 | 347,368 | 993,561 | |
Income tax payable | 22,190,482 | 4,162,837 | 17,729,251 | |
Bank Overdraft | 1,344,954 | - | 313,871 | |
Total current liabilities | 109,308,288 | 12,865,478 | 28,077,638 | |
Total liabilities | 251,836,228 | 160,182,373 | 172,862,069 | |
Total equity and liabilities | 942,835,419 | 813,290,000 | 879,778,012 | |
Net assets per ordinary share (Rs.) | 6.33 | 5.99 | 6.48 |
Figures in brackets indicate deductions.
These Financial Statements are in compliance with the requirements of the Companies Act No. 07 of 2007.
Sgd.
Mrs. D P Lokugalappaththi
Chief Financial Officer
The Board of directors is responsible for the preparation and presentation of these financial statements. Approved and signed for and on behalf of the Board of directors of Lotus Hydro Power PLC.
Sgd. | Sgd. |
Mr. A.U.A.M.Athukorala | Mr. Gowri Shankar |
Director | Director |
Colombo | |
12th November 2024 |
Page -03 | ||||
Company | ||||
Un-audited | Audited | |||
30.09.2024 | 30.09.2023 | 31.03.2024 | ||
Rs. | Rs. | Rs. | ||
273,759,246 | 292,287,095 | 282,515,771 | ||
9,507,821 | 5,062,293 | 11,490,923 | ||
- | - | - | ||
281,997,662 | 281,997,662 | 281,997,662 | ||
565,264,729 | 579,347,050 | 576,004,356 | ||
19,393,709 | 21,311,326 | 20,072,338 | ||
26,283,605 | 81,949,384 | 13,470,548 | ||
80,990,971 | 21,022,114 | 74,042,467 | ||
150,814,914 | 61,860,073 | 112,601,228 | ||
277,483,199 | 186,142,897 | 220,186,581 | ||
842,747,928 | 765,489,947 | 796,190,937 | ||
482,300,200 | 482,300,200 | 482,300,200 | ||
143,693,290 | 152,963,822 | 148,328,557 | ||
101,802 | 101,802 | 101,802 | ||
30,741,588 | 21,569,441 | 55,693,852 | ||
656,836,880 | 656,935,265 | 686,424,411 | ||
79,458,865 | 85,383,707 | 82,300,661 | ||
- | - | - | ||
8,364,791 | 6,414,715 | 7,344,790 | ||
87,823,656 | 91,798,422 | 89,645,451 | ||
82,023,288 | 5,946,501 | 6,416,367 | ||
437,350 | 8,679,464 | 113,474 | ||
- | 287,145 | 905,612 | ||
14,281,800 | 1,843,150 | 12,371,751 | ||
1,344,954 | - | 313,871 | ||
98,087,392 | 16,756,260 | 20,121,075 | ||
185,911,048 | 108,554,682 | 109,766,526 | ||
842,747,928 | 765,489,947 | 796,190,937 | ||
6.02 | 6.02 | 6.29 |
Page -04
LOTUS HYDRO POWER PLC
INTERIM FINANCIAL STEMENTS
STATEMENT OF CHANGES IN EQUITY
Group | Stated | Revaluation | Revenue | Retained | |||||
Total | |||||||||
Capital | Reserve | Reserve | Earnings | ||||||
Rs. | Rs. | Rs. | Rs. | Rs. | |||||
Balance as at 1st April ,2023 (Audited) | 482,300,200 | 157,599,092 | 101,802 | 154,290,664 | 794,291,758 | ||||
Total Comprehensive income for the period | - | - | - | 11,539,227 | 11,539,227 | ||||
Dividends paid | - | - | - | (152,723,358) | (152,723,358) | ||||
Depreciation transfer on revalued assets | - | (4,635,270) | - | 4,635,270 | - | ||||
Balance as at 30th September ,2023 (Un - audited) | |||||||||
482,300,200 | 152,963,822 | 101,802 | 17,741,803 | 653,107,627 | |||||
Balance as at 31st March 2024 (Audited) | 482,300,200 | 148,328,557 | 101,802 | 76,185,384 | 706,915,943 | ||||
Total comprehensive income for the period | - | - | - | 60,444,926 | 60,444,926 | ||||
Dividends paid | - | - | - | (76,361,678) | (76,361,678) | ||||
Depreciation transfer on revalued assets | - | (4,635,267) | - | 4,635,267 | - | ||||
Balance as at 30th September ,2024 (Un audited) | |||||||||
482,300,200 | 143,693,290 | 101,802 | 64,903,899 | 690,999,191 | |||||
Company | |||||||||
Stated | Revaluation | Revenue | Retained | Total | |||||
Capital | Reserve | Reserve | Earnings | ||||||
Rs. | Rs. | Rs. | Rs. | Rs. | |||||
Balance as at 1st April ,2023 (Audited) | 482,300,200 | 157,599,092 | 101,802 | 163,967,439 | 803,968,533 | ||||
Total Comprehensive income for the period | - | - | - | 5,690,090 | 5,690,090 | ||||
Dividends paid | - | - | - | (152,723,358) | (152,723,358) | ||||
Depreciation transfer on revalued assets | - | (4,635,270) | - | 4,635,270 | - | ||||
Balance as at 30th September ,2023 (Un - audited) | |||||||||
482,300,200 | 152,963,822 | 101,802 | 21,569,441 | 656,935,265 | |||||
Balance as at 31st March 2024 (Audited) | 482,300,200 | 148,328,557 | 101,802 | 55,693,852 | 686,424,411 | ||||
Total comprehensive income for the period | - | - | - | 46,774,147 | 46,774,147 | ||||
Dividends paid | - | - | - | (76,361,678) | (76,361,678) | ||||
Depreciation transfer on revalued assets | - | (4,635,267) | - | 4,635,267 | - | ||||
Balance as at 30th September ,2024 (Un audited) | |||||||||
482,300,200 | 143,693,290 | 101,802 | 30,741,588 | 656,836,880 | |||||
Figures in brackets indicate deductions.
INTERIM FINANCIAL STATEMENTS
STATEMENT OF CASH FLOW
Cash flows from operating activities
Net profit/(loss) before CER adjustment and taxation Adjustments for:
Depreciation
Amortization of leasehold assets Interest cost on lease liability
Certified Emission Reduction (CER) write-off / addition Provision for defined benefit plan costs - gratuity Interest income
Interest expenses
Operating profit/(loss) before working capital changes
(Increase) / decrease in inventories
(Increase) / decrease in trade and other receivables
(Increase) / decrease in amounts due from related parties
(Increase) / decrease in amounts due to related parties Increase / (decrease) in trade and other payables
Cash generated from / (used) in operations
Interest paid
Income tax paid
Gratuity paid
Net cash flow from / (used) in operating activities
Cash flow from investing activities
Purchase of property, plant and equipment
Interest received
Funds transferred to related parties
Net cash from /(used) in investing activities
Cash flow from financing activities
Repayment of long term borrowings
Payment of lease rental
Dividend paid
Net cash from/(Used) in financing activities Net decrease in cash and cash equivalents
Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period
Figures in brackets indicate deductions.
Colombo
12th November 2024
LOTUS HYDRO POWER PLC | Page -05 | |||||||||||||||
Group | Company | |||||||||||||||
Un audited | Audited | Un audited | Audited | |||||||||||||
30.09.2024 | 30.09.2023 | 31.03.2024 | 30.09.2024 | 30.09.2023 | 31.03.2024 | |||||||||||
Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | |||||||||||
85,487,655 | 15,495,789 | 81,534,704 | 63,775,100 | 6,085,927 | 45,158,936 | |||||||||||
20,787,132 | 20,882,421 | 42,706,508 | 8,764,314 | 8,855,958 | 18,643,281 | |||||||||||
2,141,778 | 1,299,436 | 3,429,482 | 1,983,102 | 1,140,758 | 3,112,128 | |||||||||||
481,699 | 485,770 | - | - | - | - | |||||||||||
- | - | (14,615,259) | - | - | (14,615,259) | |||||||||||
1,230,000 | 540,000 | 2,618,020 | 1,020,000 | 420,000 | 1,835,392 | |||||||||||
(11,993,692) | (9,738,678) | (16,737,138) | (8,503,896) | (9,738,678) | (16,737,138) | |||||||||||
536,771 | 549,429 | 1,130,848 | 55,072 | 63,659 | 127,894 | |||||||||||
13,183,688 | 14,018,378 | 18,532,461 | 3,318,592 | 741,697 | (7,633,702) | |||||||||||
98,671,343 | 29,514,167 | 100,067,165 | 67,093,692 | 6,827,624 | 37,525,234 | |||||||||||
678,629 | (15,854,247) | - | 678,629 | (15,854,247) | - | |||||||||||
(13,098,750) | 84,786,022 | 192,153,162 | (12,813,057) | 56,504,598 | 124,983,434 | |||||||||||
(17,265,819) | 111,620,113 | (55,567,885) | (6,948,504) | 148,981,204 | (3,540,568) | |||||||||||
190,803 | 534,910 | (34,424) | 323,876 | 8,531,566 | (34,424) | |||||||||||
76,480,871 | 1,275,277 | 2,530,293 | 75,606,921 | 1,973,732 | 2,443,598 | |||||||||||
46,985,734 | 182,362,075 | 139,081,146 | 56,847,865 | 200,136,853 | 123,852,040 | |||||||||||
145,657,077 | 211,876,242 | 239,148,311 | 123,941,557 | 206,964,477 | 161,377,274 | |||||||||||
(536,771) | (443,896) | - | (55,072) | (63,659) | - | |||||||||||
(24,036,915) | (17,197,902) | (22,066,149) | (17,932,699) | (15,555,432) | (17,775,057) | |||||||||||
- | (303,750) | (707,750) | - | (303,750) | (707,750) | |||||||||||
(24,573,686) | (17,945,548) | (22,773,899) | (17,987,771) | (15,922,841) | (18,482,807) | |||||||||||
121,083,391 | 193,930,694 | 216,374,412 | 105,953,786 | 191,041,636 | 142,894,467 | |||||||||||
(7,789) | (261,530) | (310,984) | (7,789) | (189,215) | (205,214) | |||||||||||
11,993,692 | 7,584,522 | 13,941,272 | 8,503,896 | 9,738,678 | 13,941,272 | |||||||||||
- | - | 102,297,285 | - | - | 102,297,285 | |||||||||||
11,985,903 | 7,322,992 | 115,927,573 | 8,496,107 | 9,549,463 | 116,033,343 | |||||||||||
- | - | - | - | - | - | |||||||||||
(1,446,112) | (1,376,631) | (9,826,560) | (905,612) | (836,133) | (8,745,560) | |||||||||||
(76,361,678) | (152,723,358) | (152,723,358) | (76,361,678) | (152,723,358) | (152,723,358) | |||||||||||
(77,807,790) | (154,099,989) | (162,549,918) | (77,267,290) | (153,559,491) | (161,468,918) | |||||||||||
55,261,504 | 47,153,697 | 169,752,067 | 37,182,603 | 47,031,608 | 97,458,892 | |||||||||||
184,692,375 | 14,940,308 | 14,940,308 | 112,287,357 | 14,828,465 | 14,828,465 | |||||||||||
239,953,879 | 62,094,005 | 184,692,375 | 149,469,960 | 61,860,073 | 112,287,357 |
Page -06
LOTUS HYDRO POWER PLC
NOTES TO THE PROVISIONAL FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2024
-
ACCOUNTING POLICIES
The provisional interim financial statements of the Company/Group are unaudited and have been prepared on the basis of the same accounting policies and methods applied for the year ended 31st March 2024 and are in compliance with the Sri Lanka Accounting Standard 34-Interim Financial Reporting. Provisions of the Companies Act No. 7 of 2007 have been considered in preparing the interim financial statements of the Company/Group. - Accounting policies and methods of computation as stated in the Financial Statments for 2023/2024 are followed in the preparation of these provisional financial statements.
-
COMPARATIVE INFORMATION
The previous period figures and phrases have been re - arranged where necessary to conform to the current period's presentation and classifications. - STATED CAPITAL
4.1 NO. OF SHARES REPRESENTING THE STATED CAPITAL
The stated capital amounting to Rs. 482,300,200/- is represented by 109,088,112 Nos. of ordinary shares as at 30 th September 2024.
-
CONTINGENT LIABILITIES
There has been no significant change in the nature of the contingent liabilities other than those disclosed in the financial statements for the year ended 31st March 2024. - EVENTS AFTER THE FINANCIAL POSITION DATE
No circunstances have arisen since the date of financial position which would require adjustments or disclosure in the provisional financial statements. - FUNCTIONAL AND PRESENTATION CURRENCY
The financial statements are presented in Sri Lankan rupees, which is the Company's functional currency. Financial information presented in Sri Lankan rupees has been rounded to the nearest rupee unless indicated otherwise. - APPROVAL OF THE INTERIM FINANCIAL STATEMENTS
The provisional financial statements of the Group and the Company for the Second quarter ended 30 th September 2024 were authorized for issue by the Board of directors on 12th November 2024. - NO. OF ORDINARY SHARES HELD BY THE DIRECTORS
As at | |
Name of Director | 30th September 2024 |
Nos. | |
Mr. G. D. Seaton | - |
Mr. Gowri Shankar | - |
Mr. A. U. A. M. Authokorala | - |
Dr. T. Senthilverl | 15,000,000 |
Sampath Bank PLC/Dr.T.Senthilverl | |
Seylan Bank PLC/ Senthilverl Holdings (Pvt) Ltd | 1,557,457 |
Mr. A. I. Fernando | - |
Mr. U. H. Palihakkara | - |
10 CERTIFIED EMISSION REDUCTION (CER) UNITS
Certified Emission Reduction (CER) Units have been valued at net realizable value (NRV) of USD 1. The Company /Group has progressed with the related activities for the validation and verification.
Page -07
LOTUS HYDRO POWER PLC
INVESTER INFORMATION
As at
30th September 2024
Market performance - ordinary shares
Closing price per share (Rs.)
Highest price per share during the quarter (Rs.)
Lowest price per share during the quarter (Rs.)
Twenty largest shareholders
- Lotus Renewable Energy Private Limited
- Sampath Bank PLC/ Dr.T.Senthilverl
- Seylan Bank PLC/ Senthilverl Holdings (Pvt) Ltd
- Mr. D.D Gunaratne
- Mr. H.A.R. Pieris
- Mr. S. N. Senthilverl
- Mr. S.Senthimaaran
- Dr. A.R. Mohamed
- Mrs. S. Vasudevan
- Mr. A.M.K.M.G. Dharmasena
- Mr. M. Sundaresan
- PMF Finance PLC / R.A.Y.S.Perera
- Mrs. F.F. Musthapha
- Mr. G.K. Kulatilleke
- Mr. K.C. Vignarajah
- Mr. N.A. Withana
- Mr. M.N. Aththas
- Merchant Bank of Sri Lanka & Finance PLC/H.M.C.M. Abewardana
- Mr. M.K.N. De Silva
- Universal Capital Holdings (Pvt) Ltd
Others
11.00
12.80
10.40
As at
30th September 2024
Nos. %
Held
80,350,881 73.66
15,000,000 13.75
1,557,457 1.43
1,091,025 1.00
500,000 0.46
469,200 0.43
469,200 0.43
299,002 0.27
213,771 0.20
192,460 0.18
185,451 0.17
159,924 0.15
153,503 0.14
152,300 0.14
133,486 0.12
129,757 0.12
117,327 0.11
115,090 0.11
108,626 0.10
105,000 0.10
101,503,460 93.05
7,584,652 6.95
109,088,112 100.00
As at | |
30th September 2024 | |
Number of shares held by the public | 12,179,774 |
Number of public shareholders | 2,399 |
The percentage of shares held by the public (%) | 11.17% |
Exiting float adjusted market capitalization (Rs.) | 133,977,514 |
Compliant under option 2 |
Page - 08
LOTUS HYDRO POWER PLC
CORPORATE INFORMATION
NAME OF COMPANY
LOTUS HYDRO POWER PLC
LEGAL FORM
A Public Limited Liability Company incorporated in Sri Lanka on 24th April 2000 under the Compaies Act No.07 of 2007 and is a BOI approved Company quoted on Colombo Stock Exchange.
COMPANY REGISTRATION NO.
PV 7385 PB/PQ
DIRECTORS | |
Mr. Gary Seaton | - Chairman/Executive Director |
Mr. Menaka Athukorala | - Executive Director |
Mr. Gowri Shankar | - Non-Executive Director |
Dr. Thirugnanasambandar Senthilverl | - Non-Executive Director |
Mr. Uditha Palihakkara | - Senior Independent Non-Executive Director |
Mr. Indrajith Fernando | - Independent Non-Executive Director |
REGISTERED OFFICE
2nd Floor, No. 168, Negombo Road, Paliyagoda, Sri Lanka.
BUSINESS OFFICE
2nd Floor, No. 168, Negombo Road, Paliyagoda, Sri Lanka. Tel No.: +941 1511 7780/81/82
Fax No.: +94 11 59 23 338
COMPANY SECRETARIES
S S P Corporate Services (Pvt) Ltd
No. 101, Inner Flower Road, Colombo 03
AUDITORS
KPMG, Chartered Accountants,
32 A, Sir Mohamed Macan Markar Mawatha, Colombo 03.
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