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The Nuwara Eliya Hotels Company Plc (Sri Lanka)

Main Activities: Accommodation
Full name: The Nuwara Eliya Hotels Company 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

The Nuwara Eliya Hotels Company Plc, located in Colombo, is a subsidiary of Mercantile Investments & Finance PLC. They are known as Tangerine Hotels and offer exceptional levels of service and unforgettable holiday experiences to visitors from around the world. The company has three seaside resorts, a heritage hotel, and a city hotel in Sri Lanka. Their portfolio includes the Nilaveli Beach Hotel on the East coast, the Royal Palms Beach Hotel and Tangerine Beach Hotel on the South coast, the iconic Grand Hotel in Nuwara Eliya, and the Fairview City Hotel in Colombo. Tangerine Hotels prides itself on providing a heartfelt welcome and sincere service to its guests, ensuring a magical and memorable stay.

Legal Address
236, Galle Road
Colombo; Western Province; Postal Code: 03

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Website: http://www.tangerinehotels.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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Chairman
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Vice Chairman
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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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26.12%
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20.28%
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10.89%
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10.05%
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10.05%
Subsidiaries
Fair View Hotel (Pvt) Ltd
74%
Royal Palms Beach Hotels Plc
5.5%
The Lighthouse Hotel Plc
1.13%
Company Performance
Financial values in the chart are available after The Nuwara Eliya Hotels Company 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
114.19%
Total operating revenue
114.33%
Operating profit (EBIT)
N/A
EBITDA
183392.84%
Net Profit (Loss) for the Period
684.1%
Total assets
16.33%
Total equity
11.52%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
19.81%
Return on Equity (ROE)
9.29%
Debt to Equity Ratio
-0.67%
Quick Ratio
-3.17%
Cash Ratio
-0.03%

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