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Prime Lands Residencies Limited (Sri Lanka)

Main Activities: Real Estate Property Managers
Full name: Prime Lands Residencies Limited Profile Updated: November 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company s main activities are purchasing lands and constructing residential apartment complexes and developing and selling land plots for residential purpose.
-2005: The Company was incorporated as a Private Limited Company in May 16, 2005 under the provisions of the Companies Act No.17 of 1982.
-2008: The Company was re-registered on September 15, 2008 under the Companies Act No. 07 of 2007.
-2015: The Company s name was changed from Prime Homes International (Private) Limited to Prime Lands Residencies (Private) Limited on June 1, 2015.
-2016: The Company was amalgamated with two associate companies, Prime Homes (Private) Limited and Living Homes (Private) Limited to create a larger corporate on January 1, 2016.
-2021:
The Company changed it s name from Prime Lands Residencies (Private) Limited to Prime Lands Residencies Limited and Converted to a Public Company on February 12, 2021.
The Company was listed on Clombo Stock Exchange on June 8, 2021.
The Company changed it s Registration Number from PB00234680 to PQ00234680 on July 17, 2021.
The Company changed it s name from Prime Lands Residencies Limited to Prime Lands Residencies PLC on July 17, 2021.

Headquarters
No. 75, D.S. Senanayake Mawatha
Colombo; Western Province; Postal Code: 08

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Website: http://www.primelands.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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80%
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1.33%
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0.71%
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0.58%
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0.53%
Company Performance
Financial values in the chart are available after Prime Lands Residencies Limited 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
4.32%
Total operating revenue
4.57%
Operating profit (EBIT)
-23.53%
EBITDA
-23.41%
Net Profit (Loss) for the Period
68.84%
Total assets
-7.01%
Total equity
8.15%
Operating Profit Margin (ROS)
-6.17%
Net Profit Margin
6.11%
Return on Equity (ROE)
1.34%
Debt to Equity Ratio
-33.03%
Quick Ratio
0.31%
Cash Ratio
0.31%

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