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Millennium Housing Developers Plc (Sri Lanka)

Main Activities: Residential Building Construction | Real Estate
Full name: Millennium Housing Developers Plc Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Millennium Housing Developers PLC is a company located in Colombo, Sri Lanka. It was incorporated in 1999 and has since been at the forefront of urban and township development. The company is known for its mega township projects that cater to the progressive lifestyles of clients across the island. Millennium Housing Developers PLC is the only private property developer listed in the Colombo Stock Exchange. The company has a diverse portfolio that includes lands, housing, apartments, and villas in various settings. Some of their residential housing designs, such as Paradis, Olympus, Tulip, and Orchid, are secure, eco-friendly, and modern. These properties are strategically located to cater to specific target markets. In addition to their existing portfolio, Millennium Housing Developers PLC has recently added the Heights residencies projects located at Edmonton Colombo 5, Nawala, and an upcoming project at Rajagiriya Green Heights. As a subsidiary member of Nawaloka Holdings, the company consistently meets high standards of raw materials and construction. They are also actively involved in community service responsibilities in rural Sri Lanka. Millennium Housing Developers PLC takes pride in their loyal customer base, which has been built on years of relationship excellence.

Headquarters
No. 66/9B, Green Path
Colombo; Western Province; Postal Code: 07

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
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Outside Director
Ownership Details
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28.28%
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28.19%
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21.82%
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3.46%
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1.2%
Subsidiaries
Millennium Housing Limited
100%
Millennium Villa Housing Development Limited
100%
Mc Universal Limited
Company Performance
Financial values in the chart are available after Millennium Housing Developers 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.
Total operating revenue
918.7%
Operating profit (EBIT)
44.98%
EBITDA
42.58%
Net Profit (Loss) for the Period
63.33%
Total assets
-10.12%
Total equity
-21.46%
Return on Equity (ROE)
5.32%
Debt to Equity Ratio
18.03%
Quick Ratio
-0.14%
Cash Ratio
-0%

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