The State Timber Corporation is in the business of the extraction and construction of timber into sawn timber and finished products. Their operations include the extraction of timber from state farms, the conversion of logs into sawn timber, the treatment of transmission poles and sleepers, and the manufacture of furniture. The State Timber Corporation is a state owned business organisation which was established in 1968. The head office of State Timber Corporation is housed in “Sampathpaya”, Battaramulla, Sri Lanka.
State Timber Corporation
Type
State Owned Enterprise
Industry
Marketing and Distribution
ROA
4.5
Governance
45.8
Profits/Losses
LKR 448,855
Governance Indicators
A systematic measure of how well this SOE is managed.
2019
Year of the most recent Annual Report available online
1
Have Annual Reports for the last five years been tabled in Parliament?
2
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?
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 |
|---|---|---|---|---|---|---|---|---|
|
2024
|
3,981,155
|
10,570,676
|
448,855 |
861,610
|
2,448,337
|
8,122,339
|
824,720
|
4.5
|
|
2023
|
4,092,129
|
9,562,931
|
506,330 |
583,632
|
1,556,143
|
8,006,788
|
1,273,735
|
5.3
|
|
2022
|
4,743,050
|
9,588,287
|
315,881 |
500,063
|
1,923,131
|
7,665,156
|
1,015,986
|
4.1
|
|
2021
|
5,695,663
|
9,207,819
|
1,136,212 |
659,200
|
2,450,612
|
6,757,207
|
1,496,156
|
13.8
|
|
2020
|
3,981,688
|
7,286,194
|
463,907 |
836,197
|
1,821,561
|
5,464,633
|
569,521
|
6.4
|
|
2019
|
4,282,181
|
7,222,054
|
317,424 |
714,022
|
1,681,503
|
5,540,551
|
1,890,812
|
4.6
|