This is a fully government owned company under the Treasury of Sri Lanka. Its functions include Cane Cultivation, Production of brown sugar, the Operation of its Pelwatte Distillery to process ethyl alcohol and bio-compost from molasses as by-products of the sugar manufacturing process, and the Generation of power through biogas. Founded in 1981, it is headquartered in Colombo.
Lanka Sugar Company Ltd.

Type
State Owned Enterprise
Industry
Marketing and Distribution
ROA
3.9
Governance
20.8
Profits/Losses
LKR 1,171,000
Governance Indicators
A systematic measure of how well this SOE is managed.
n/a
Year of the most recent Annual Report available online
3
Have Annual Reports for the last five years been tabled in Parliament?
3
Does the Annual Report include the mandatory provisions set out in the PED guidelines?
3
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?
1
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
|
8,993,000
|
Data Not Available | 1,171,000 | Data Not Available | Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
2019
|
7,546,000
|
Data Not Available | -1,304,000 | Data Not Available | Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
2018
|
6,243,000
|
Data Not Available | 347,000 | Data Not Available | Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
2017
|
7,616,000
|
7,854,000
|
677,000 | Data Not Available |
2,208,000
|
5,646,000
|
677,000
|
8.7
|
2016
|
7,729,000
|
7,561,000
|
1,103,000 |
14,000
|
2,598,000
|
4,969,000
|
1,103,000
|
15.5
|
2015
|
4,881,000
|
6,672,000
|
-1,052,000 |
736,000
|
2,682,000
|
Data Not Available |
-1,052,000
|
12.4
|