Hotel Developers Lanka Ltd.

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Type
State Owned Enterprise
Industry
Marketing and Distribution

Hotel Developers (Lanka) PLC is engaged in the business of hospitality trade, owning Hilton Colombo Hotel. The principal activity of the Company is to carry on the business as proprietor and operator of hotels and for such purpose to construct, purchase, take on lease or otherwise acquire any lands, buildings, and other property and to improve, equip and furnish the same. Its hotel offers multi-function banquet facilities and ball rooms. Headquartered in Colombo, it was founded in 1983.

ROA
0.5
Governance
45.8
Profits/Losses
LKR -892,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2018

Year of the most recent Annual Report available online

0

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

2

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

0

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
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
2020
981,000
Data Not Available -892,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
2,878,000
Data Not Available -361,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2018
2,910,540
15,330,551
-127,507
503,875
1,409,734
13,920,817
-126,461
-0.8
2017
3,015,362
15,428,109
258,017
519,152
1,394,780
14,033,329
172,976
1.7
2016
2,540,680
15,362,703
141,012
727,749
1,589,806
13,772,897
172,944
0.9
2015
2,381,930
14,772,000
26,609 Data Not Available
1,135,049
13,636,951
91,713
0.4

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