Ceylon Fisheries Corporation

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Type
State Owned Enterprise
Industry
Marketing and Distribution

The Ceylon Fisheries Corporation is a commercial organisation involved in the production and trade of fish. The Ceylon Fisheries Corporation has five main regions: Production; State Supply; Purchasing, Sales and Distribution; and Product Marketing and Sales Promotion Division. The function of the marketing regions is to distribute and sell fish at all the retail outlets. The function of the Production segment is to purchase and supply the requirements of the marketing regions according to consumer demand. State Supply involves supplying fish to state institutions besides government hospitals. Purchasing, Sales and Distribution is mainly involved in purchasing fish from the local suppliers and issue them to both the Corporation regions and the Private trade on a wholesale basis while maintaining the buffer stock. Product Marketing and Sales makes available quantities of frozen fish, cut and packeted from the Cold Room stocks for sale to the consumer through the Corporation retail outlets, Lanka Sathosa outlets, Co-op Cities and Cargills Food Cities. Established in 1964, it is headquartered in Colombo.

ROA
-5.1
Governance
29.2
Profits/Losses
LKR -48,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2014

Year of the most recent Annual Report available online

0

Have Annual Reports for the last five years been tabled in Parliament?

1

Does the Annual Report include the mandatory provisions set out in the PED guidelines?

1

Is the Audit Clean / Qualified / Disclaimer?

0

Is the information pertaining to the RTI officer available on the website?

0

Does the SOE respond to an RTI within the timeframe specified in the Act?

1

Does the SOE have a website?

1

Does the SOE website contain sufficient organtisational details?

0

Does the SOE website contain tender and procurement details?

Annual Report
Accessibility of Information
Auditing Standards
Rights to Information

Interpratation of the indicators

Good
2
Average
1
Bad
0

Financials

Available Financial data for the last few years.

Year Turnover (LKR) Total Assets Profit/Loss Total Debt Total Liabilities Total Equity Operational Profits ROA
2020
2,515,000
Data Not Avalaible -48,000 Data Not Avalaible Data Not Avalaible Data Not Avalaible Data Not Avalaible
Data Not Avalaible
2019
2,726,000
Data Not Avalaible -28,000 Data Not Avalaible Data Not Avalaible Data Not Avalaible Data Not Avalaible
Data Not Avalaible
2018
Data Not Avalaible Data Not Avalaible
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Data Not Avalaible Data Not Avalaible Data Not Avalaible Data Not Avalaible
Data Not Avalaible
2017
2,825,000
2,275,000
37,000
-87,000
851,000
193,000
37,000
1.7
2016
2,775,000
2,132,000
-161,000 Data Not Avalaible
1,070,000
1,093,000
-161,000
-7.6
2015
1,933,000
2,107,000
-187,000 Data Not Avalaible
951,000
Data Not Avalaible
-187,000
-9.5

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Access Advocata Institute's Datasets on State Owned Enterprises