March 30, 2017 9:46 PM 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, transport, and specialized applications in Sri Lanka. The company offers powder coated aluminum extrusions, as well as adhesives and sealants. It also fabricates and installs doors, windows, curtain walls, partitions, and other aluminum fittings in buildings. The company sells its products through a network of dealers. In addition, it engages in property investment business, as well as trades in aluminum extrusions and accessories. Lanka Aluminium Industries PLC was founded in 1986 and is headquartered in Colombo, Sri Lanka. Lanka Aluminium Industries PLC is a subsidiary of Clovis Company L...

Lakshman's Building

1st Floor

321, Galle Road

Colombo,  3

Sri Lanka

Founded in 1986

203 Employees

Phone:

94 11 2565951

Fax:

94 11 2576944

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 Announces Interim Dividend for the Financial Year 2016-2017, Payable on March 28, 2017

Lanka Aluminium Industries PLC announced interim dividend of LKR 2.00 per share for the financial year 2016-2017. Payment date is March 28, 2017 and ex-date is March 17, 2017.

Lanka Aluminium Industries PLC Reports Unaudited Group and Parent Company Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Lanka Aluminium Industries PLC reported unaudited group and parent company earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the group reported revenue of LKR 488,720,000 against LKR 357,957,000 a year ago. Results from operating activities were LKR 84,646,000 against LKR 56,227,000 a year ago. Profit from operations after net finance expense was LKR 64,201,000 against LKR 41,908,000 a year ago. Profit attributable to equity holders of the company was LKR 53,751,000 against LKR 36,115,000 a year ago. Earnings per share were LKR 3.92 against LKR 2.64 a year ago. For the six months, the group reported revenue of LKR 861,117,000 against LKR 685,054,000 a year ago. Results from operating activities were LKR 130,251,000 against LKR 88,613,000 a year ago. Profit from operations after net finance expense was LKR 92,842,000 against LKR 59,098,000 a year ago. Profit attributable to equity holders of the company was LKR 80,260,000 against LKR 51,344,000 a year ago. Earnings per share were LKR 5.86 against LKR 3.75 a year ago. Net cash used in operating activities was LKR 244,689,000 against LKR 110,538,000 a year ago. Purchase of property, plant & equipment was LKR 269,754,000 against LKR 22,680,000 a year ago. For the quarter, the parent company reported revenue of LKR 449,769,000 against LKR 328,907,000 a year ago. Results from operating activities were LKR 76,564,000 against LKR 50,820,000 a year ago. Profit from operations after net finance expense was LKR 57,507,000 against LKR 37,636,000 a year ago. Profit attributable to equity holders of the parent was LKR 52,320,000 against LKR 33,058,000 a year ago. Earnings per share were LKR 3.82 against LKR 2.41 a year ago. For the six months, the parent company reported revenue of LKR 800,770,000 against LKR 634,118,000 a year ago. Results from operating activities were LKR 119,303,000 against LKR 80,845,000 a year ago. Profit from operations after net finance expense was LKR 84,186,000 against LKR 53,572,000 a year ago. Profit attributable to equity holders of the parent was LKR 76,426,000 against LKR 46,494,000 a year ago. Earnings per share were LKR 5.58 against LKR 3.39 a year ago. Net cash used in operating activities was LKR 234,685,000 against LKR 114,351,000 a year ago. Purchase of property, plant & equipment was LKR 269,983,000 against LKR 22,680,000 a year ago.

Lanka Aluminium Industries PLC, Annual General Meeting, Sep 22, 2016

Lanka Aluminium Industries PLC, Annual General Meeting, Sep 22, 2016, at 09:30 Sri Lanka Standard Time. Location: Auditorium, Sri Lanka Institute of Tourism & Hotel Management No. 78, Galle Road Colombo 3 Sri Lanka

Similar Private Companies By Industry

Company Name Region
Adam Metals (Pvt) Ltd Asia
Alchemy Heavy Metals (Pvt) Limited Asia
Elsteel Pvt. Ltd. Asia
Graphene Corp. (PvT) Ltd Asia
GTB Colombo Corporation (Pvt) Ltd. Asia

Recent Private Companies Transactions

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

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Lanka Aluminium Industries PLC, please visit www.aluminium.lk. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.