Sri Lanka Cashew Corporation

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Type
State Owned Enterprise
Industry
Plantations

The Sri Lankan Cashew Corporation (SLCC) is involved in the cultivation, processing and marketing of cashew and cashew products. Its operations are divided into five divisions: Marketing, Extension, Plantation, and Research. Its Marketing division involves running cashew processing centers to produce quality cashew kernels and supply value added products to local and international markets, selling cashew and allied products through SLCC sales outlets, providing cashew in bulk to hotels, local confectionary industries and airlines, as well as exporting processed cashew. Its Extension Division aims to help small scale farmers in rural areas through subsidy schemes, training and advising. The Plantation Division runs the plantations and commercial nurseries of the corporation, while the Research Division looks for ways to improve agro techniques and plant protection methods. It also worked with the Faculty of Agriculture and Plantation Management of the Wayamba University of Sri Lanka to develop improved varieties and quality planting materials. The SLCC was established in 1973 and is headquartered in Sri Jayawardenepura Kotte, Sri Lanka

ROA
8.6
Governance
33.3
Profits/Losses
LKR 15,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2017

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?

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
2020
95,000
Data Not Available 15,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
107,000
Data Not Available 43,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2018
101,000
Data Not Available 16,000 Data Not Available Data Not Available Data Not Available
16,000
Data Not Available
2017
100,951
219,178
16,342
30,835
69,908
149,270
2,395
7.2
2016
94,906
234,912
31,630
40,060
63,055
171,857
3,226
12.4
2015
75,297
273,374
17,020
52,471
73,584
199,790
-302
6.1

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Access Advocata Institute's Datasets on State Owned Enterprises