Sri Lanka Handicraft Board

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Type
State Owned Enterprise
Industry
Marketing and Distribution

The Sri Lanka Handicraft Board is a Sri Lankan exporter of Sri Lankan gifts and souvenirs. Its flagship store, Laksala, is the only State owned Gift & Souvenir Boutique. Laksala’s products include clothes, fabric and accessories, gems and jewellery, arts and crafts, leather and ceramicware. Headquartered in Colombo, it was established in 1964.

ROA
1.7
Governance
4.2
Profits/Losses
LKR -98,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2015

Year of the most recent Annual Report available online

0

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?

0

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

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
195,000
Data Not Available -98,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
617,000
Data Not Available 123,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2018
737,280
Data Not Available 18,000 Data Not Available Data Not Available Data Not Available
18,000
Data Not Available
2017
754,000
1,835,000
33,000
520,000
1,250,000
585,000
33,000
3.6
2016
787,000
1,857,000
4,000
592,000
415,000
590,000
4,000
0.2
2015
813,350
1,856,207
21,838
724,012
1,291,777
564,430
49,201
1.2

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Access Advocata Institute's Datasets on State Owned Enterprises