State Timber Corporation

logo
Type
State Owned Enterprise
Industry
Marketing and Distribution

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.

ROA
7.6
Governance
45.8
Profits/Losses
LKR 464,000

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
2020
3,982,000
Data Not Available 464,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
4,282,181
6,520,465
317,424
1,681,503
1,681,503
5,540,551
277,261
4.6
2018
4,069,020
6,520,465
322,061 Data Not Available
1,860,109
4,660,357
672,432
5
2017
4,253,774
6,317,702
565,742
852,292
2,087,008
4,230,694
693,024
9.7
2016
4,413,000
2,859,000
531,000
582,000
1,393,000
3,985,000
531,000
12.2
2015
3,836,191
5,858,839
369,890 Data Not Available
1,905,819
Data Not Available
1,757,114
6.4

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises