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August 05, 2015 1:01 AM ET

Industrial Conglomerates

Company Overview of Hemas Holdings PLC.

Company Overview

Hemas Holdings PLC manufactures, distributes, imports, and exports products and services in fast moving consumer goods (FMCG), pharmaceutical, hospital, transportation, leisure, and power sectors in Sri Lanka and internationally. It offers personal care products under the Baby Cheramy, Clogard, Dandex, Pro Sport, Kumarika, Gold, Goya, Paris, Fems, and Capri brands; home care products under the Diva brand; skin care products under the Touch! brand; paper products; personal wash products under the Velvet brand; and products under the Godrej brand. The company also imports and sells food products; trades in FMCG products; and offers contract manufacturing services. In addition, it distributes a...

Hemas House

75, Braybrooke Place

Colombo,  02

Sri Lanka

Founded in 1948

4,375 Employees

Phone:

94 11 473 1731

Fax:

94 11 233 2889

Key Executives for Hemas Holdings PLC.

Hemas Holdings PLC. does not have any Key Executives recorded.

Hemas Holdings PLC. Key Developments

Hemas Holdings plc Announces Audited Group and Company Earnings Results for the Year Ended March 31, 2015

Hemas Holdings plc announced audited group and company earnings results for the year ended March 31, 2015. For the year, on group basis, the company reported profit before tax of LKR 3,094,939,000 compared to LKR 3,192,344,000 a year ago. Profit for the period from continuing operations was LKR 2,390,739,000 or LKR 4.22 earnings per share compared to LKR 2,722,671,000 or LKR 5.05 earnings per share a year ago. Profit attributable to equity holders of the parent was LKR 1,927,051,000 or LKR 3.74 earnings per share compared to LKR 2,409,276,000 or LKR 4.68 earnings per share a year ago. Net cash flows from operating activities were LKR 3,329,052,000 compared to LKR 2,686,659,000 a year ago. Purchase of property, plant and equipment was LKR 1,187,533,000 compared to LKR 2,648,407,000 a year ago. As at March 31, 2015, the company's net debt (Total debt less surplus cash) of LKR 398 million compared to LKR 3,188 million a year ago. Investment in intangible assets was LKR 53,521,000 compared to LKR 962,107,000 a year ago. For the year, on company basis, the company reported revenue of LKR 656,735,000 compared to LKR 664,710,000 a year ago. Operating profit was LKR 837,484,000 compared to LKR 946,955,000 a year ago. Profit before tax was LKR 748,911,000 compared to LKR 774,261,000 a year ago. Profit for the period from continuing operations was LKR 726,740,000 compared to LKR 776,350,000 a year ago. Net cash flows used in operating activities were LKR 715,746,000 compared to net cash flows from operating activities of LKR 720,360,000 a year ago. Purchase of property, plant and equipment was LKR 30,672,000 compared to LKR 66,200,000 a year ago. Investment in intangible assets was LKR 14,744,000 compared to LKR 25,945,000 a year ago.

Hemas Holdings PLC., Annual General Meeting, Jul 03, 2015

Hemas Holdings PLC., Annual General Meeting, Jul 03, 2015., at 15:30 Indian Standard Time. Location: the Auditorium of the Institute of Chartered Accountants of Sri Lanka. Agenda: To receive and consider the statements of accounts of the company and of the group for the year ended March 31, 2015 together with the reports of the directors and auditors thereon; to consider the re-election of directors; to declare a final dividend of LKR 0.70 per share as recommended by the board; to re-appoint M/s Ernst & Young, Chartered Accountants, as auditors of the company and to authorize the directors to determine their remuneration; and to authorize the directors to determine and make donations to charity.

Hemas Holdings PLC Announces Consolidated Earnings Results for the Year 2015

Hemas Holdings PLC announced consolidated earnings results for the year 2015. For the year, the company reported revenues of LKR 32.5 billion, a 19.2% growth over last year, while operating profits and earnings were LKR 3.4 billion and LKR 1.9 billion respectively, a decline of 3.2% and 20.0%. Excluding the discontinued Power sector operations and one-off items recognised the previous year, the Group recorded an underlying growth of 27.5% in operating profit to LKR 3.1 billion, while the profits attributable to the parent grew by 23.0% to LKR 1.9 billion.

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