October 01, 2016 5:05 AM ET

Transportation Infrastructure

Company Overview of Colombo International Container Terminals Ltd.

Company Overview

Colombo International Container Terminals Ltd. builds and operates container port terminal. The company is based in Sri Lanka. Colombo International Container Terminals Ltd. operates as a subsidiary of China Merchants Holdings (International) Company Limited.

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Sri Lanka

Key Executives for Colombo International Container Terminals Ltd.

Chief Executive Officer
Compensation as of Fiscal Year 2016.

Colombo International Container Terminals Ltd. Key Developments

Colombo International Container Terminals Ltd. Announces Management Changes

The board of directors of Colombo International Container Terminals Ltd. has announced that the company's first Chief Executive Officer (CEO) Nelson Liu has been appointed as Chairman effective March 8, 2016, and that the CEO position has been filled by Chief Operations Officer (COO) Ray Ren.

CICT Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

CICT announced unaudited earnings results for the first quarter ended March 31, 2015. The company reported revenue of $13.5 million for the three months ended March 31, 2015. CICT revenue for the three months ended March 31, 2015, increased $0.4 million, or 3.3%, compared to the same period in 2014, primarily due to increased terpene prices between the two periods. Income from operations of $2.4 million remained relatively flat for the three months ended March 31, 2015 compared to the same period of 2014.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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