October 23, 2014 3:02 AM ET

Metals and Mining

Company Overview of Lanka Aluminium Industries PLC

Company Overview

Lanka Aluminium Industries PLC manufactures and sells aluminum extrusions for architectural, hardware, and transport and specialist applications in Sri Lanka. It offers powder coated, polyester powders, windows, doors, and sealant products. The company trades aluminum extrusions and accessories; manufactures and sells aluminum ingots and billets; and exports tea, as well as undertakes contracts for aluminum fabrication. Lanka Aluminium Industries PLC sells its products through a network of dealers. The company is headquartered in Colombo, Sri Lanka. Lanka Aluminium Industries PLC is the subsidiary of Clovis Limited.

Lakshman's Building

1st Floor

321, Galle Road

Colombo,  3

Sri Lanka

176 Employees

Phone:

94 11 256 5951

Fax:

94 11 257 6944

Key Executives for Lanka Aluminium Industries PLC

Lanka Aluminium Industries PLC does not have any Key Executives recorded.

Lanka Aluminium Industries PLC Key Developments

Lanka Aluminium Industries PLC, Annual General Meeting, Sep 29, 2014

Lanka Aluminium Industries PLC, Annual General Meeting, Sep 29, 2014., at 09:30 Indian Standard Time. Location: Auditorium of the Sri Lanka Institute of Tourism & Hotel Management at No.78,. Agenda: To receive and consider the audited financial statements for the year ended March 31, 2014 together with the reports of the auditors and of the directors thereon; to consider the re-appointment of directors; to consider and if thought fit to pass the appointment of Mr. R. Seevaratnam as a director of the company; to authorize directors to determine the remuneration of the auditors, Messrs KPMG, Chartered Accountants, who are deemed to have been re-appointed as Auditors; and to authorize the directors to determine contributions to charities.

Lanka Aluminium Industries PLC Declares First and Final Dividend for the Financial Year Ended 2013-2014, Payable on September 3, 2014

Lanka Aluminium Industries PLC declared first and final dividend of LKR 1.50 per share for the financial year ended 2013-2014. Payment date is September 3, 2014. Ex-date is August 25, 2014.

Lanka Aluminium Industries plc Reports Unaudited Group and Parent Company Earnings Results for the First Quarter Ended June 30, 2014

Lanka Aluminium Industries PLC reported unaudited group and parent company earnings results for the first quarter ended June 30, 2014. For the quarter, the group reported revenue of LKR 542,776,000 against LKR 563,040,000 a year ago. Results from operating activities were LKR 32,674,000 against LKR 29,376,000 a year ago. Profit before tax was LKR 12,389,000 against LKR 327,000 a year ago. Profit attributable to equity holders of the parent was LKR 11,046,000 against LKR 1,066,000 a year ago. Earnings per share were LKR 0.81 against LKR 0.08 a year ago. Net cash used in operating activities was LKR 6,873,000 against LKR 8,409,000 a year ago. Purchase of property, plant & equipment was LKR 10,657,000 against LKR 13,369,000 a year ago. For the quarter, the parent company reported revenue of LKR 262,012,000 against LKR 213,633,000 a year ago. Results from operating activities were LKR 30,717,000 against LKR 17,369,000 a year ago. Profit before tax was LKR 15,412,000 against LKR 1,722,000 a year ago. Profit attributable to equity holders of the parent was LKR 12,912,000 against LKR 1,722,000 a year ago. Earnings per share were LKR 0.94 against LKR 0.13 a year ago. Net cash used in operating activities was LKR 141,395,000 against net cash from operating activities of LKR 92,049,000 a year ago. Purchase of property, plant & equipment was LKR 10,700,000 against LKR 16,494,000 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 4, 2014
Classic Teas (Pvt.) Ltd.
 

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