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Lankem Developments Plc (Sri Lanka)

Main Activities: Heavy and Civil Engineering Construction
Full name: Lankem Developments Plc Profile Updated: July 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Lankem Developments Plc, located in Colombo, is a company that was incorporated in 1964 by Royal Dutch Shell. Originally focused on manufacturing and supplying agrochemicals, the company has since expanded into various industries including Paints, Chemicals, Consumer, Pest Control, Leisure, and Packaging. In 2010, Lankem Ceylon further strengthened its position in the FMCG sector through the acquisition of C.W. Mackie and expanded its presence in South East Asia with an investment in rubber production in Cambodia. The company prides itself on providing professional services to local and international clients from diverse business sectors. Lankem Ceylon Plc aims to be the preferred brand and is committed to providing innovative, sustainable customer-centric solutions that create optimal stakeholder value. They emphasize the importance of conducting business in a structured, pragmatic, and empathetic manner, building lasting relationships with their principals and customers.

Headquarters
No. 98, Sri Sangaraja Mawatha
Colombo; Western Province; Postal Code: 10

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Website: http://www.lankem.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1974
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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3.9%
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1.09%
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0.96%
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0.92%
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0.64%
Subsidiaries
Waverly Power (Private) Ltd
57%
Company Performance
Financial values in the chart are available after Lankem Developments 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
-15.82%
Total operating revenue
-13.27%
Operating profit (EBIT)
-64.6%
EBITDA
-66.56%
Net Profit (Loss) for the Period
-72.57%
Total assets
19.74%
Total equity
38.84%
Operating Profit Margin (ROS)
-17.9%
Net Profit Margin
-13.23%
Return on Equity (ROE)
-58.8%
Debt to Equity Ratio
-20.29%
Quick Ratio
0.44%
Cash Ratio
0.27%

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