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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: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 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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Chief Executive Officer
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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
Ownership Details
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1.07%
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0.65%
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0.46%
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0.4%
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0.4%
Subsidiaries
Alumex Plc
0.3%
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
13.33%
Total operating revenue
13.33%
Operating profit (EBIT)
-85.02%
EBITDA
-47.43%
Net Profit (Loss) for the Period
N/A
Total assets
8.8%
Total equity
7.16%
Operating Profit Margin (ROS)
-24.93%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
4.14%
Quick Ratio
-0.36%
Cash Ratio
-0%

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