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Palm Garden Hotels Plc (Sri Lanka)

Main Activities: Accommodation
Full name: Palm Garden Hotels Plc Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Confifi Hotel Holdings PLC owns and operates hotels and resorts on the south-west coastal town of Beruwala in Sri Lanka. The company operates the 5-star Eden Resort and Spa with furnished rooms, suites and penthouses, indoor and outdoor dining venues, and spa service. The company also operates the Riverina 4-star hotel with furnished rooms, gardens, swimming pool, indoor and outdoor sports activities, and ayurvedic villa. The company also operates the 3-star Club Palm Garden resort, the 3-star Tropical Villas & Ayurveda, a tropical island villa theme beach resort, offering water sports and ayurveda spa, and the Confifi Marina, which provides a range of water sports, and diving and game fishing options. The company was founded in 1973 and is based in Rajagiriya, Sri Lanka. Confifi Hotel Holdings PLC operates as a subsidiary of LOLC Leisure Limited.

Headquarters
100/1, Sri Jayawardenapura Mawatha, Rajagiriya
Colombo; Western Province;

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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:
1973
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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98.92%
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0.05%
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0.04%
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0.03%
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0.02%
Subsidiaries
Dickwella Resorts (Private) Limited
100%
Eden Hotel Lanka Plc
49.54%
Bodufaru Beach Resort (Pvt) Ltd
Company Performance
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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
208.39%
Total operating revenue
227.97%
Operating profit (EBIT)
84.3%
EBITDA
N/A
Net Profit (Loss) for the Period
-13.52%
Total assets
10.64%
Total equity
67.87%
Operating Profit Margin (ROS)
58.99%
Net Profit Margin
224.87%
Return on Equity (ROE)
14.13%
Debt to Equity Ratio
-46.79%
Quick Ratio
0.24%
Cash Ratio
0.03%

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