Colombo Commercial Fertilizer Company Ltd

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Type
State Owned Enterprise
Industry
Marketing and Distribution

The Colombo Commercial Fertilizers Ltd is one of the two state owned organisations engaged in wholesale distribution of quality chemical fertilisers to the farmers in Sri Lanka and assisting in the growth of the agriculture economy of the country. Its main two Divisions are the Processing and Distribution Division, which is responsible for the storage and maintenance of required fertiliser as well as the formulation of fertiliser mixtures, and the Procurement and Supplies Division, responsible for all supplies, imports and shipping related activities. The company produces a variety of fertilisers for a variety of purposes- from Urea and Zinc Sulphate to Dolomite and Borate. Incorporated in 1872, it is headquartered in Wattala, Sri Lanka.

ROA
-0.4
Governance
45.8
Profits/Losses
LKR -80,772

Governance Indicators

A systematic measure of how well this SOE is managed.

2017

Year of the most recent Annual Report available online

1

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?

1

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
Auditing Standards
Rights to Information
Accessibility of Information

Interpretation 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
2024
231,968
15,901,087
-80,772
5,036,464
11,719,950
4,181,136
29,095
-0.4
2023
207,177
21,124,922
361,196
5,708,419
17,692,643
3,432,279
131,276
1.7
2022
770,423
22,292,653
128,487
14,473,233
19,216,903
3,075,750
128,487
1.1
2021
1,541,997
20,418,328
259,897
10,979,442
17,407,884
3,010,444
162,816
1.4
2020
1,330,769
16,201,901
162,858
5,211,584
13,423,782
2,778,119
28,805
1
2019
1,156,256
15,330,802
306,447
1,813,699
12,788,210
2,542,591
10,858
1.9

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Access Advocata Institute's Datasets on State Owned Enterprises