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Lanka Phosphate Ltd.

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Type
State Owned Enterprise
Industry
Non-Renewable Resources

Lanka Phosphate Ltd’s (LPL) principal activities include excavating, processing and selling of Rock Phosphate. LPL currently produces two types of rock phosphate fertilizers: Eppawala Rock Phosphate (ERP) and High-Grade Eppawala Rock Phosphate (HERP), which are used as phosphate fertilizer for perennial crops in the country. It also has a Coconut Fertiliser mixing plant which is used as a fertiliser for perennial agricultural crops such as tea, rubber, coconut and export cash crops. Lanka Phosphate was established in 1992 and is headquartered in Colombo.

ROA
2.1
Governance
54.2
Profits/Losses
LKR 66,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2019

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?

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?

2

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
See Methodolgy

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
531,000
 Data Not Available 66,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
530,000
 Data Not Available 21,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2018
493,551
757,572
 3,220
46,115
87,738
669,834
-14,443
0.4
2017
493,551
843,086
 25,305
46,115
87,738
755,348
38,679
3
2016
366,094
836,113
 -10,534
40,266
95,375
740,738
-32,007
-1.2
2015
562,735
860,451
 26,587
61,211
100,136
760,315
60,893
6.2

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Access Advocata Institute's Datasets on State Owned Enterprises