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Chemanex Plc (Sri Lanka)

Main Activities: Pharmaceutical and Medicine Manufacturing | Rubber Product Manufacturing | Chemical and Allied Products Merchant Wholesalers
Full name: Chemanex Plc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Chemanex PLC produces and distributes chemical and industrial intermediates in Sri Lanka. The products include gloves and additives. Gloves product line consists of glove liners, PVC dotting gloves, and polyurethane coated gloves, and additives and intermediates comprising of the adhesive for the corrugated industry, dextrin, yarn sizing chemicals, pigments, and nexobleach, a bleaching agent, as well as carboxyl methyl cellulose used in the detergent, ceramic, and dental products. The company also operates as an agent and a distributor of industrial chemicals, such as surfactants for cosmetics chemicals, toiletry chemicals, and laundry detergents chemicals, textile chemicals, including treatment agents for yarn, scouring and bleaching agents, dyeing auxiliaries, and softening agents, consumer chemicals, such as sulphuric acid, aluminium sulphate, brake fluid, and paraffin wax for water purification and sewerage treatment, as well as for tanning, paper, battery, and candle and match manufacturing industries, and rubber chemicals for rubber tires, rubber gloves, solid tires, rubber mats, PVC products, rubber shoes, plastic, pharmaceutical, and paint chemicals. In addition, the company imports and distributes pharmaceutical raw materials, medical equipment and instruments, and food products, such as cocoa powder, citric acid monohydrate, sodium citrate, sodium bicarbonate, magnesium stearate, garlic and onion powder, stabilizers, emulsifiers, and packaging products consisting of starch based adhesive for paper corrugated industry, stitching wire and tying tape, borax and boric acid, polythene raw material, masturbator, silicone sealant, and garble sealant. The company was incorporated in 1974 and is based in Colombo, Sri Lanka. Chemanex PLC is a subsidiary of Chemical Industries (Colombo) PLC.

Headquarters
No. 52, Galle Face Court 2
Colombo; Western Province; Postal Code: 3

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Website: http://www.chemanex.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1974
Key Executives
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Chairman
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Secretary
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Outside Director
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Outside Director
Ownership Details
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3.44%
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2.55%
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0.46%
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0.42%
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0.41%
Subsidiaries
Chemanex Exports (Pvt)Ltd
100%
Chemcel (Pvt) Limited
70%
John Keells Holdings Plc
1.1%
Company Performance
Financial values in the chart are available after Chemanex 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
-31.84%
Total operating revenue
-28.59%
Operating profit (EBIT)
-65.84%
EBITDA
-63.16%
Net Profit (Loss) for the Period
-66.09%
Total assets
43.16%
Total equity
38.5%
Operating Profit Margin (ROS)
-12.58%
Net Profit Margin
-10.36%
Return on Equity (ROE)
-5.17%
Quick Ratio
-10.48%
Cash Ratio
-0.12%

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