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Aitken Spence Plc (Sri Lanka)

Main Activities: Management, Scientific, and Technical Consulting Services | Travel Arrangement and Reservation Services | Accommodation
Secondary Activities: Support Activities for Transportation
Full name: Aitken Spence Plc Profile Updated: April 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Aitken Spence PLC engages in hotels, travel, maritime services, logistic solutions, and power generation businesses in Sri Lanka, Asia, and Africa. The company owns and manages 27 hotels and resorts, as well as involves in designing, building, and managing properties. The company also offers air-sea freight forwarding, integrated logistics, cargo aviation, courier services, and maritime transport services. Aitken Spence PLC also engages in energy business by producing energy from thermal power plants. In addition, the company produces and exports men’s and ladies’ apparels. The other businesses include printing and packaging services, inbound tour services comprising eco holidays, beach holidays, wellness holidays, tailor made holidays, and cruises and shore excursions, as well as incentive, special interest, sports, nature based, adventure, study, and cultural tours by acting as an airline agency. Furthermore, the company distributes elevators, escalators, moving walkways, and dumb waiters. Aitken Spence PLC also operates as an agent for Western Union Money Transfer services in Sri Lanka and acts as survey and claim settling agents for commercial ports, hull and machinery, and insurance companies. The company was founded in 1868 and is based in Colombo, Sri Lanka.

Headquarters
315 Vauxhall Street
Colombo; Western Province; Postal Code: 02

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Website: http://www.aitkenspence.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1952
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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2.88%
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2.6%
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1.24%
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0.47%
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0.41%
Subsidiaries
A E Lanka (Pvt) Ltd
100%
Ace Aviation Services (Pvt) Lt
100%
Ace Container Repair (Pvt) Ltd.
100%
Company Performance
Financial values in the chart are available after Aitken Spence 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
-2.27%
Total operating revenue
-9.64%
Operating profit (EBIT)
-50.48%
EBITDA
-38.8%
Net Profit (Loss) for the Period
-97.27%
Total assets
-5.19%
Total equity
-3.63%
Operating Profit Margin (ROS)
-12.1%
Net Profit Margin
-10.61%
Return on Equity (ROE)
-8.18%
Debt to Equity Ratio
16.76%
Quick Ratio
-0.14%
Cash Ratio
-0.02%

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