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United Motors Lanka Plc (Sri Lanka)

Main Activities: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | Petroleum and Petroleum Products Merchant Wholesalers | Motor Vehicle and Parts Dealers
Full name: United Motors Lanka Plc Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is mainly engaged in distributing of new Mitsubishi vehicles brand, genuine mitsubishi spares and providing after sales services to Mitsubishi vehicle owners at its workshop at Orugodawatte and Hyde Park Corner.
The Company is engaged in:
-Spare parts and workshop: Repair and service of vehicles, machinery and equipment, Sale of vehicle spare parts, accessories and related components.
-Vehicles: Sale of passenger vehicles, assembled vehicles, commercial vehicles, special purpose vehicles, pre-owned passenger vehicles and commercial vehicles. Provide vehicle sales facilitation and brokering services.
-Equipment and machinery: Sale of heavy equipment, generators and machinery.
-3D Printers and services: Sale of 3D printers, filaments, spare parts and related services.
-Tyres: Sale of tyres.
-Lubricant and car care products: Sale of lubricants and car care products.
-Trailers: Manufacturing and selling of trailers, carriage of cargo containers and related services.
History:
-1945: The Company was incorporated in 1945 as a Private Limited Liability Company.
-1972: The Company was vested with the Government on March 8, 1972 and carried on operations as the Government Owned Business Undertaking (GOBU) of United Motors.
-1985: The Company entered into a distributor agreement with Mitsubishi Motors Corporation, Japan since then has been the sole distributor for brand new Mitsubishi vehicles in Sri Lanka.
-1989: The Company was selected as the first Government venture for ‘Peoplisation' with the intention of broadening its ownership amongst the public.
The Company was incorporated as a public limited liability company in Sri Lanka with an authorized share capital of LKR 100,000,000 on May 9, 1989.
The Company was listed on Colombo Stock Exchange on December 5, 1989.
-2007: The Company s Registration Number was changed from N(PBS/CGB)-3 to PQ -74 on August 30, 2007.

Headquarters
P.O. Box 697, 100 Hyde Park Corner
Colombo; Western Province; Postal Code: 02

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Website: http://www.unitedmotors.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
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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Director/Member of the Board
Ownership Details
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51%
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11.66%
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11.08%
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6.88%
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4.89%
Subsidiaries
Uml Property Developments Ltd
100%
Unimo Enterprises Ltd
100%
Singer Finance (Lanka) Plc
0.34%
Company Performance
Financial values in the chart are available after United Motors Lanka 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
-21.87%
Total operating revenue
-21.46%
Operating profit (EBIT)
-657.81%
EBITDA
N/A
Net Profit (Loss) for the Period
-38.1%
Total assets
7.03%
Total equity
-2.05%
Operating Profit Margin (ROS)
-8.82%
Net Profit Margin
-4.21%
Return on Equity (ROE)
-0.41%
Debt to Equity Ratio
11.75%
Quick Ratio
0.1%
Cash Ratio
-0.11%

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