Company Maskeliya Plantations PLC

Equities

MASK.N0000

LK0250N00007

Food Processing

End-of-day quote Colombo S.E. 06:00:00 2024-05-09 pm EDT 5-day change 1st Jan Change
32.9 LKR +1.23% Intraday chart for Maskeliya Plantations PLC +2.81% -5.19%

Business Summary

Maskeliya Plantations PLC is a Sri Lanka-based company that is engaged in the cultivation, manufacturing and sale of black tea and planting of timber. The Company has also commenced planting rubber, cinnamon and pears. Its geographical segments include Maskeliya, Upcot, Talawakelle and Bandarawela. The Company manages and operates approximately 18 estates with a total extent of land 10,561 hectares (ha) of which 5,348 ha has been cultivated with tea. The Company has five estates each in Upcot and Maskeliya zones, four in Talawakelle zone and four estates in Uva tea sector in Bandarawela zone. It has approximately 14 factories in operation manufacturing black tea with rotor vane and Leafy manufacturing methods. The Company's estates include Brunswick, Glentilt, Glenugie, Mocha, Strathspey, Brownlow, Hapugastenne, Laxapana, Moray, Mousakelle, Ferham, St. Clair, Talawakelle, Troup, Ampittiakande, Craig Leangahawella and Poonagalla.

Number of employees: 6,750

Sales per Business

LKR in Million2022Weight2023Weight Delta
Tea
99.9 %
3,949 98.6 % 6,161 99.9 % +56.01%
Trees
0.1 %
57 1.4 % 9 0.1 % -84.86%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
4,006 100.0 % 6,170 100.0 % +54.01%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - -
Chief Operating Officer - -
Compliance Officer - -
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Sales & Marketing - -
Comptroller/Controller/Auditor - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 77 09-11-23
Director/Board Member 75 15-04-01
Director/Board Member - 16-02-29
Director/Board Member - 14-02-04
Director/Board Member 75 22-09-21
Director/Board Member - 22-05-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 53,953,489 5,681,680 ( 10.53 %) 0 10.53 %

Shareholders

NameEquities%Valuation
Laxey Partners (UK) Ltd.
0.6333 %
341,666 0.6333 % 36 446 ₨

Company contact information

Maskeliya Plantations Plc

No. 310, High Level Road Nawinna

10280, Maharagama

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address Maskeliya Plantations PLC(MASK.N0000)
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