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
2.2
Governance
33.3
Profits/Losses
LKR 13,845

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
2024
262,478
712,961
13,845
54,676
122,824
590,137
13,845
2.2
2023
176,317
564,416
-5,021
44,015
116,980
447,437
-5,021
-0.9
2022
134,849
549,704
14,471
39,290
81,837
467,867
Data Not Available
4.2
2021
139,223
566,220
-16,412
46,448
99,572
466,648
39,562
-3.8
2020
111,488
305,657
17,233
42,454
109,407
196,250
32,161
6.4
2019
106,476
231,806
78,128
38,546
88,725
143,081
Data Not Available
35.3

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