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Tess Agro Plc (Sri Lanka)

Main Activities: Grocery and Related Product Merchant Wholesalers | Farm Product Raw Material Merchant Wholesalers
Full name: Tess Agro Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Tess Agro Plc is a company located in Kelaniya, Sri Lanka. It was incorporated in 1980 as part of the TESS Group, which is a diversified group of companies involved in engineering, export of marine products, deep sea fishing services, and export of agricultural produce. The TESS Group is the largest exporter of marine products from Sri Lanka to the European markets and is among the top 10 perishable exporters from Sri Lanka to the global market. The company enjoys BOI status and a 15-year tax holiday. The Engineering Division of Tess Agro Plc is responsible for technical planning and selection of machinery and equipment, installation and commissioning of refrigeration plants and cold storage rooms, implementation of electrical and mechanical works, and fabrication of local devices. They also provide workshop facilities for maintenance and undertake steel fabrication of low-pressure vessels, condensers, and control panels. Additionally, Tess Agro Plc offers tender services for the supply and installation of VMS and other equipment for the government and private sector.

Headquarters
87, New Nuge Road
Kelaniya; Western Province;

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Website: http://www.tess.lk

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
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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Outside Director
Ownership Details
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29.99%
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21.76%
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3.59%
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1.59%
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0.98%
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
-96.29%
Total operating revenue
-64.99%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-115.16%
Total assets
22.87%
Total equity
110.15%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-3392.01%
Return on Equity (ROE)
-0.11%
Debt to Equity Ratio
-119.71%
Quick Ratio
0.54%
Cash Ratio
0.21%

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