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Industrial Asphalts (Ceylon) Plc (Sri Lanka)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing
Full name: Industrial Asphalts (Ceylon) Plc Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Industrial Asphalts (Ceylon) Plc, also known as IAC, is an investment holding company located in Colombo, Sri Lanka. It was founded in 1964 by a group of Sri Lankan entrepreneurs and professionals with the goal of establishing a Sri Lankan presence in the bituminous products industry. IAC became the first 100% Sri Lankan owned entity to produce specialist bituminous products after Sri Lanka gained independence. In August 2021, IAC sold its Paints & Coatings Division to focus on capturing emerging opportunities. Today, IAC is involved in various ventures and investments, with a particular interest in the bitumen space.

Headquarters
No.321, Negombo Road, Peliyagoda
Colombo; Western Province; Postal Code: 01

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Website: http://www.iac.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1964
Key Executives
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Director/Member of the Board
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Outside Director
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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48.03%
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4.71%
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2.04%
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1.77%
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1.6%
Subsidiaries
Galadari Hotels (Lanka) Plc
0.29%
Company Performance
Financial values in the chart are available after Industrial Asphalts (Ceylon) Plc report is purchased.
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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
4.55%
Total operating revenue
4.55%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
-66.26%
Total assets
8.32%
Total equity
0.43%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-25.53%
Return on Equity (ROE)
-0.18%
Quick Ratio
-0.96%
Cash Ratio
-0.05%

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