Established 1990
Year end 31.03
Sector manufacture ----19
EPS – G 13.10
NAVP—G 45
Financial Performance
Royal Ceramics group’s post-tax net profit rose 49 percent to
Rs. 1.4 billion on higher sales, profit from sale of investments
and contributions from a new sanitaryware unit that turned
profitable.
Diversifying business portfolio
We also expanded our portfolio by acquiring a paint and allied
manufacturing company called, “Ever Paint and Chemical
Industries (Pvt) Ltd” which retails under the brand name
“Colorbrite”.
We are also looking out for new acquisitions in trading or
manufacturing, in an effort to further diversify our portfolio.
Royal Ceramics will build a third tile plant at Kiriwaththuduwa,
Homagama at an estimated cost of Rs. 3 billion this year.
The project will be partly funded through debt and internally
generated cash. We hope to complete the plant within 18
months and add 12,000 square meters per day capacity to our
production lines.
The prevailing robust economic climate will continue to help us
post impressive results during the financial years 2011/12.
The stated capital of the Company as at 31 March 2011 was
Rs. 1,368,673,373/-.
1 Vallibel One Limited 56,502,600
2 Mr. Amarakone Mudiyanselage Weerasinghe 10,234,024
3 Employees Provident Fund 4,341,300
4 Sri Lanka Insurance Corporation - Life Fund 2,514,000
5 Bank Of Ceylon A/C Ceybank Unit Trust 1,698,752