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Renuka Hotels Plc (Sri Lanka)

Main Activities: Accommodation
Full name: Renuka Hotels Plc Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Renuka Hotels Plc is a hotel company located in Colombo, Sri Lanka. It was founded by the late Mr. A.L. Thambiayah, who saw potential in the hotel industry and decided to set up a star class city hotel in Galle Road, Kollupitiya. The first hotel, Hotel Renuka, was commissioned in June 1972. Ravi Thambiayah, the younger son of A.L. Thambiayah, took over the management of the hotel after completing his degree in economics and training at the Royal Lancaster in London. In 1995, Renuka City Hotel was built on the adjacent property under the auspices of a quoted company. Currently, the company is managed by Ravi Thambiayah's two daughters, Shibani Thambiayah and Arnila Thambiayah, who serve as Joint Managing Directors of Renuka Hotels Plc and Renuka City Hotels PLC since February 2010.

Headquarters
328, Galle Road
Colombo; Western Province; Postal Code: 3

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Website: http://www.renukahotel.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1969
Key Executives
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Chairman
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Managing Director
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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2.59%
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2.35%
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1.6%
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1.4%
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0.82%
Subsidiaries
Melstacorp Plc
0.172%
Hayleys Plc
0.39%
Dipped Products Plc
0.34%
Company Performance
Financial values in the chart are available after Renuka Hotels 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
65.64%
Total operating revenue
-47.41%
Operating profit (EBIT)
-73.42%
EBITDA
-69.45%
Net Profit (Loss) for the Period
-64.34%
Total assets
13.69%
Total equity
13.58%
Operating Profit Margin (ROS)
-192.79%
Net Profit Margin
-1100.93%
Return on Equity (ROE)
-14.5%
Debt to Equity Ratio
0.03%
Quick Ratio
82.47%
Cash Ratio
43.04%

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