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Hva Foods Plc (Sri Lanka)

Main Activities: Other Food Manufacturing
Full name: Hva Foods Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Hva Foods Plc is a company located in Colombo, Sri Lanka. It was established in 1990 as an affiliate of HVA International, a Dutch agricultural development company. In 1997, Hva Foods became a BOI-approved entity after a successful share issue. Today, it is one of the few tea companies listed on the Colombo Stock Exchange. Hva Foods offers a range of products, including traditional tea, ready-to-drink iced tea variants, superfoods like Moringa, spice teas, and herbal infused beverages. The company focuses on quality, consistency, and innovation, with its founder, Rohan Fernando, having over 4 decades of experience in the industry. Hva Foods is now part of the George Steuart Group of Companies, which brings together the brand's innovative spirit with the stability and corporate strength of a dynamic conglomerate. The company is committed to providing excellent service, quality, and value to its customers. Hva Foods' main product, Ceylon Tea, is known for its premium characteristics, variety of flavors, and enriching aromas. The tea industry in Sri Lanka was born out of the replacement of coffee plantations with tea due to a leaf disease in the 19th century. Since then, tea has remained an integral part of the national economy and is often referred to as the "green gold" of Sri Lanka. Hva Foods is recognized globally as an innovator in the tea industry and promises to continue pioneering new products and solutions.

Headquarters
No. 118, Braybrooke Place
Colombo; Western Province; Postal Code: 02

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Website: http://www.heladiv.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
Ownership Details
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0.556%
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0.483%
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0.383%
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0.283%
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0.22%
Subsidiaries
Hva Holdings (Pvt)
Company Performance
Financial values in the chart are available after Hva Foods 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
-25.34%
Total operating revenue
-25.18%
Operating profit (EBIT)
-19.58%
EBITDA
-13.37%
Net Profit (Loss) for the Period
-32.05%
Total assets
7.1%
Total equity
-229.4%
Operating Profit Margin (ROS)
0.26%
Net Profit Margin
-4.14%
Return on Equity (ROE)
-181.13%
Debt to Equity Ratio
2523.86%
Quick Ratio
-0.18%
Cash Ratio
0.03%

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