Lanka Mineral Sands Ltd.

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Type
State Owned Enterprise
Industry
Non-Renewable Resources

Lanka Mineral Sands Ltd is involved in the business of mining, processing and exporting heavy mineral sands and their by-products. Its products include Ilmenite, Rutile, Zircon and Hi-titanium-ilmenite. With its headquarters in Rajagiriya, Sri Lanka it was established in 1957.

ROA
-1.9
Governance
29.2
Profits/Losses
LKR -177,039

Governance Indicators

A systematic measure of how well this SOE is managed.

2017

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
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
617,801
9,143,962
-177,039
244,801
540,783
8,603,179
-590,002
-1.9
2023
4,904,230
9,902,119
2,663,172
235,067
891,053
9,011,066
2,783,245
25.4
2022
7,562,826
11,063,871
4,931,086
92,219
3,701,320
7,362,551
5,517,740
71.6
2021
2,720,198
5,845,829
1,204,998
146,245
1,679,081
4,166,749
1,143,311
21.4
2020
696,597
5,421,814
68,878
152,223
2,034,453
3,387,360
-363,839
1.3
2019
3,891,295
5,294,502
1,928,402
170,152
1,940,209
3,354,293
2,198,754
41.7

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