Company Horana Plantations PLC

HOPL.N0000

LK0252N00003

Fishing & Farming

End-of-day quote Colombo S.E. Other stock markets 03:30:00 10/05/2024 am IST			5-day change	1st Jan Change
39 ^LKR	0.00%		-2.01%	-6.47%

23/01	Horana Plantations PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
2023	Horana Plantations PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	CI

Business Summary

Horana Plantations PLC is a Sri Lanka-based agribusiness company specialized in production, processing, and marketing. The principal activity of the Company is cultivation and processing of tea and rubber. The Companyâs segments include Tea and Rubber. Its products include tea, rubber, cinnamon, and oil palm. Its tea varieties include high grown, high grown leafy, and low grown leafy. It offers the powder of Ceylon cinnamon of any grade, to mesh size of requirement. The Company manages about 14 estates covering over 6,519 hectares of land primarily cultivated with tea and rubber. Its estates are spread primarily in the Central and Western provinces of Sri Lanka.

Number of employees: 3,434

Sales per Business

LKR in Million	2022	Weight	2023	Weight	Delta
Tea 76.8 %	1,857	72.4 %	2,912	76.8 %	+56.82%
Rubber 14.7 %	430	16.8 %	558	14.7 %	+29.55%
Unallocated 8.5 %	276	10.8 %	324	8.5 %	+17.39%

Sales per region

LKR in Million	2022	Weight	2023	Weight	Delta
Sri Lanka 100.0 %	2,564	100.0 %	3,794	100.0 %	+47.99%

Managers

Managers	Title	Age	Since
Johann A. Rodrigo CEO	Chief Executive Officer	-	01/20/01
Ajith Nissanka DFI	Director of Finance/CFO	-	-
Jayantha Wijesinghe CTO	Chief Tech/Sci/R&D Officer	-	-
W. Rajadurai BRD	Director/Board Member	-	-
T. I. Wijekulasooriya AUD	Comptroller/Controller/Auditor	-	-
D Chamika Jeewantha PRN	Corporate Officer/Principal	-	-
P. Samarakoon PRN	Corporate Officer/Principal	-	-
J. Gunathilake PRN	Corporate Officer/Principal	-	-

Members of the board

Members of the board	Title	Age	Since
Abeyakumar Mohan Pandithage CHM	Chairman	73	01/13/01
Sarath Ganegoda BRD	Director/Board Member	-	01/17/01
Joseph Perera BRD	Director/Board Member	-	03/22/03
Anthony Wickremasinghe BRD	Director/Board Member	75	01/13/01
Kalupathiranalage D. Gunaratne BRD	Director/Board Member	-	-
W. Rajadurai BRD	Director/Board Member	-	-
Sameera Madushanka Liyanage BRD	Director/Board Member	-	19/20/19
Johann A. Rodrigo CEO	Chief Executive Officer	-	01/20/01