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Balangoda Plantations Plc (Sri Lanka)

Main Activities: Other Crop Farming | Other Food Manufacturing
Full name: Balangoda Plantations Plc Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Balangoda Plantations Plc is a Sri Lanka-based company located in Colombo. It was originally incorporated as Balangoda Plantations Ltd on June 11, 1992, and later reregistered as Balangoda Plantations PLC under the Company's Act No.07 of 2007. The company is engaged in the cultivation and manufacture of tea and rubber. It operates through the Tea and Rubber segments and has various tea estates, tea cum rubber estates, and rubber estates in the districts of Badulla and Ratnapura. The company's cultivated land consists of approximately 4,204.15 hectares under tea and over 2,737.89 hectares under rubber. Balangoda Plantations PLC is a subsidiary of Melstacorp Limited, a limited liability company. The company's vision is to achieve excellence in the production and marketing of tea and rubber both locally and internationally, while its mission includes increasing productivity, encouraging teamwork and motivation among employees, providing career development opportunities, and generating adequate return on capital.

Headquarters
110, Norris Canal Road
Colombo; Western Province; Postal Code: 10

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Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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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
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Director/Member of the Board
Ownership Details
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74.61%
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2.68%
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1.3%
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1.11%
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0.91%
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
8.06%
Total operating revenue
8.74%
Operating profit (EBIT)
79.6%
EBITDA
79.6%
Net Profit (Loss) for the Period
171.01%
Total assets
7.43%
Total equity
12.55%
Operating Profit Margin (ROS)
10.58%
Net Profit Margin
11.17%
Return on Equity (ROE)
7.43%
Debt to Equity Ratio
-18.44%
Quick Ratio
0.14%
Cash Ratio
0.02%

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