Company Kotagala Plantations PLC

KOTA.N0000

LK0244N00000

Fishing & Farming

End-of-day quote Colombo S.E. Other stock markets 03:30:00 30/04/2024 am IST			5-day change	1st Jan Change
6.3 ^LKR	-.--%		+5.00%	+1.61%

12/02	Kotagala Plantations PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
2023	Kotagala Plantations PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	CI

Business Summary

Kotagala Plantations PLC is a Sri Lanka-based company. The principal activities of the Company are cultivation, manufacture and sale of tea, rubber and cultivation and sale of oil palm. The Companyâs segments include Tea, Rubber, and Oil Palm. The Tea segment includes the cultivation, manufacturing, and sale of tea. The Rubber segment includes the cultivation, manufacturing, and sale of rubber. The Oil Palm segment includes cultivation and sale of oil palm. The Company offers two types of products, such as tea/rubber, and other agricultural produce. The Company sells tea and rubber to customers through brokers at the Colombo Tea Auction. The Company sells tea (local sales), rubber latex and oil palm to customers at the plantation. Its subsidiaries include Consolidated Rubber Plantations PTE Ltd, Cambodia Rubber Plantation Industries PTE Ltd, Lanka Agro Plantations PTE Ltd, Rubber & Allied Products (Colombo) Ltd, and others.

Number of employees: 5,453

Sales per Business

LKR in Million	2022	Weight	2023	Weight	Delta
Tea 73.9 %	2,389	68.3 %	3,707	73.9 %	+55.17%
Rubber 18.3 %	800	22.9 %	918	18.3 %	+14.76%
Oil Palm 7.9 %	308	8.8 %	394	7.9 %	+28.09%

Sales per region

LKR in Million	2022	Weight	2023	Weight	Delta
Sri Lanka 100.0 %	3,497	100.0 %	5,019	100.0 %	+43.54%

Managers

Managers	Title	Age	Since
Mahen Susantha Madugalle CEO	Chief Executive Officer	-	01/13/01
M. Kowdu DFI	Director of Finance/CFO	-	-
J. K. Congreve PRN	Corporate Officer/Principal	-	-

Members of the board

Members of the board	Title	Age	Since
Deshabandu Ajit M. de Silva Jayaratne BRD	Director/Board Member	84	01/12/01
Chrisantha Priyange Perera BRD	Director/Board Member	80	01/96/01
Sunil Somindranath Poholiyadde BRD	Director/Board Member	-	07/18/07
Sri Dhaman Rajendram Arudpragasam CHM	Chairman	72	01/96/01
Anushman Rajaratnam BRD	Director/Board Member	82	01/19/01
Parakrama Maithri A. Sirimane BRD	Director/Board Member	-	-
Mahen Susantha Madugalle CEO	Chief Executive Officer	-	01/13/01