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Asia Siyaka Commodities Plc (Sri Lanka)

Main Activities: Support Activities for Agriculture and Forestry | Other Food Manufacturing
Full name: Asia Siyaka Commodities Plc Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Asia Siyaka Commodities PLC, located in Colombo, is a licensed tea broker and a prominent market intermediary in Sri Lanka's tea industry. The company has been in operation for 16 years and is known for its innovation and dynamism. It has played a significant role in transforming the country's tea auction logistics into one of the most sophisticated and structured systems globally. With a market share of approximately 14%, Asia Siyaka Commodities PLC handles an average of 40 million tea kilogrammes annually and consistently ranks among the top 4 tea brokers in terms of traded volumes and prices obtained. Apart from tea, the company also engages in warehousing and acts as an intermediary in rubber and other non-traditional commodities. It operates under a group structure, with its fully-owned subsidiaries Asia Siyaka Warehousing (Pvt) Ltd and Siyaka Produce Brokers (Pvt) Ltd involved in warehousing operations and rubber broking businesses, respectively.

Headquarters
1 St Floor Deutsche House, No.320, T.B. Jayah Mawatha
Colombo; Western Province; Postal Code: 10

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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0.58%
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0.52%
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0.38%
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0.38%
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0.31%
Subsidiaries
Asia Siyaka Warehousing (Pvt) Ltd
100%
Siyaka Produce Brokers (Pvt) Ltd
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net sales revenue
-19.72%
Total operating revenue
-19.26%
Operating profit (EBIT)
-38.09%
EBITDA
-37.82%
Net Profit (Loss) for the Period
-13.5%
Total assets
-3.06%
Total equity
6.41%
Operating Profit Margin (ROS)
-11.34%
Net Profit Margin
1.29%
Return on Equity (ROE)
-0.93%
Debt to Equity Ratio
-41.43%
Quick Ratio
0.08%
Cash Ratio
-0.03%

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