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Cable Solutions PLC (Sri Lanka)

Main Activities: Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding | Cable and Other Subscription Programming
Full name: Cable Solutions PLC Profile Updated: November 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is engaged is manufacturing and exporting of cables and related products.
-2008: The Company was incorporated in Sri Lanka as a Private Limited Company on February 25, 2008.
-2012: The Company was received firest Certification of ISO 9001 and other International such as UL.
-2016: The Company was launched new production facility.
-2017: The Company was acquired Harnessol AB, and Sweden.
-2019: The Company became a Subsidiary of ACL Cables PLC.
-2020: German TUV Rheinland Certification for the production of Solar Cables.
-2023: The Company was converted into a Limited Liability Company and the Company name was changed from Cable Solutions (Private) Limited to Cable Solutions Limited on October 06, 2023.
-2024:
The Company was listed in Colombo Stock Exchange on August 14, 2024.
The Company name was changed from Cable Solutions Limited to Cable Solutions PLC on September 30, 2024.

Headquarters
Ranmuthugala Estate, Ranmuthugala, Kadawatha
Colombo; Western Province;

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Website: http://www.cablesol.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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20%
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7%
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5%
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5%
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5%
Subsidiaries
Cable Solutions India Private Limited
99.9%
Company Performance
Financial values in the chart are available after Cable Solutions PLC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net sales revenue
23%
Total operating revenue
22.35%
Operating profit (EBIT)
105.91%
EBITDA
88.8%
Net Profit (Loss) for the Period
112.72%
Operating Profit Margin (ROS)
8.03%
Net Profit Margin
6.47%

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