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Milco (Pvt) Ltd.

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Type
State Owned Enterprise
Industry
Livestock

Milco Ltd is one of Sri Lanka’s largest dairy companies. Its principal activity is engaging in the business of collecting, processing, packing, distributing and marketing milk products. These products include pasteurised and sterilised milk, yoghurt, curd, butter, milk powder and others. It owns four factories to carry out the aforementioned processes: the Colombo Milk Factory, Ambewela Spray Dried Milk Factory, Digana Milk Factory, and the Polonnaruwa Condensed Milk Factory. This institution was established in 1956 as “The National Milk Board” under the purview of the Ministry of Agriculture. Its headquarters are in Colombo, Sri Lanka.

ROA
0.9
Governance
16.7
Profits/Losses
LKR 417,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2016

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?

2

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?

0

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
11,047,000
 Data Not Available 417,000
753,000
 Data Not Available Data Not Available Data Not Available
Data Not Available
2019
10,373,000
 Data Not Available -619,000
1,272,000
 Data Not Available Data Not Available Data Not Available
Data Not Available
2018
11,834,000
 Data Not Available -770,000
1,613,000
 Data Not Available Data Not Available
-820,000
Data Not Available
2017
10,442,000
18,420,000
 114,000
15,017,000
16,225,000
2,195,000
114,000
0.6
2016
8,679,465
17,397,665
 327,085
14,085,959
15,049,084
2,348,581
328,928
2.1
2015
7,584,728
14,046,519
 -16,650
10,078,010
12,106,129
1,940,390
38,818
-0.1

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises