April 25, 2017 2:43 PM ET

Industrial Conglomerates

Company Overview of Adam Capital PLC

Company Overview

Adam Capital PLC assembles and sells computers and electronic equipment in Sri Lanka. It also manufactures and exports granulated steam activated carbons and powdered activated carbon. In addition, the company provides micro credit facilities to deserving communities; and invests in shares. The company was formerly known as PCH Holdings PLC and changed its name to Adam Capital PLC in March 2015. The company was incorporated in 2006 and is based in Colombo, Sri Lanka. Adam Capital PLC is a subsidiary of Adam Investments PLC.

No.264, Grandpass Road

Colombo,  14

Sri Lanka

Founded in 2006

Key Executives for Adam Capital PLC

Adam Capital PLC does not have any Key Executives recorded.

Adam Capital PLC Key Developments

Adam Capital PLC Announces Unaudited Consolidated and Parent Earnings Results for Second Quarter and Year to Date Ended Sept. 30, 2016

Adam Capital PLC announced unaudited consolidated and parent earnings results for second quarter ended Sept. 30, 2016. For the quarter, the group reported revenue of LKR 57,300,222, profit before tax of LKR 3,658,667, profit attributable to equity holders of the parent of LKR 3,658,667 and profit per share basic and diluted of LKR 0.01 compared to the revenue of LKR 5,549,376, loss for the year of LKR 14,187,521, profit attributable to equity holders of the parent of LKR 209,134,269 and profit per share basic and diluted of LKR 0.06 for the same quarter a year ago. For the quarter, the company parent basis reported loss before tax of LKR 731,574, loss attributable to equity holders of the parent of LKR 731,574 and loss per share basic and diluted of LKR 0.003 compared to the profit before tax of LKR 289,985, profit for the year of LKR 289,985, profit attributable to equity holders of the parent of LKR 289,285 and profit per share basic and diluted of LKR 0.0001 for the same period a year ago. Net cash from operating activities was LKR 3,886,024 compared to net cash used in operating activities of LKR 1,596,001 for the same quarter a year ago. For the quarter, the group reported revenue of LKR 120,152,566, profit before tax of LKR 3,658,667, profit attributable to equity holders of the parent of LKR 7,533,654 and profit per share basic and diluted of LKR 0.03 compared to the revenue of LKR 5,549,376, loss before tax of LKR 25,690,316, profit attributable to equity holders of the parent of LKR 25,690,316 and profit per share basic and diluted of LKR 0.10 for the same quarter a year ago. Net cash used in operating activities was LKR 19,163,961 compared to LKR 130,015,509 for the same quarter a year ago. For the quarter, the company parent basis reported loss before tax of LKR 947,842, loss attributable to equity holders of the parent of LKR 947,842 and loss per share basic and diluted of LKR 0.004 compared to the profit before tax of LKR 736,754, profit attributable to equity holders of the parent of LKR 736,754 and profit per share basic and diluted of LKR 0.0001 for the same period a year ago. Net cash from operating activities was LKR 3,886,024 compared to net cash used in operating activities of LKR 1,596,001 for the same quarter a year ago.

Adam Capital PLC Appoints W A Adrian Perera as Independent Non-Executive Director

Adam Capital PLC announced that it has appointed Mr. W A Adrian Perera as Independent Non-Executive Director on the board of company with effect from August 26, 2016. Currently, he is working as the chief operating officer at equiCapital Investment Ltd.

Adam Capital PLC, Annual General Meeting, Jan 15, 2016

Adam Capital PLC, Annual General Meeting, Jan 15, 2016, at 15:00 Sri Lanka Standard Time. Location: No.100/9F, Olympic House, Independence Avenue, Colombo 7 Sri Lanka Agenda: To consider and receive and adopt the annual report and financial statements for the year ended 31 march 2015 and the report of the auditors thereon; to consider and re-appoint Messrs. SJMS Associates, chartered accountants as the auditors of the company and to authorize the directors to determine their remuneration; to consider and authorize the directors to determine and make donations to charities; to consider any other business of which due notice has been given.

Recent Private Companies Transactions

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