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Laxapana Batteries Plc (Sri Lanka)

Main Activities: Electrical Equipment, Appliance, and Component Manufacturing
Full name: Laxapana Batteries 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

Laxapana Batteries Plc is a pioneer manufacturer of dry cell batteries in Sri Lanka. The company was incorporated as Elephant Lite Corporation Ltd in 1956 and was later quoted on the Colombo Stock Exchange in 1982. In August 2005, the company changed its name to Laxapana Batteries Limited and subsequently re-registered as Laxapana Batteries PLC. Laxapana Batteries Plc aims to be a key provider of LED lighting solutions in the Sri Lankan marketplace. They have been at the forefront of applying LED technology in the industry since the early 20s and now offer next-generation lighting solutions. Laxapana Premium Quality LED lighting has the potential to reduce lighting energy use in Sri Lanka by one-fourth and is more than ten times as efficient as incandescent lighting. They believe that LED lighting has the potential to revolutionize the lighting market with its highly energy-efficient and longer-lasting light sources. Laxapana Batteries Plc understands that LED lighting has changed the way people and organizations evaluate lighting products and projects. They provide guidance to customers on the available options so that they can confidently select the right products from the right manufacturers to meet their objectives. With a reputation for quality, reliability, and solid performance, Laxapana Lighting has become the most specified brand in the lighting business in Sri Lanka. They offer a wide range of commercial, industrial, institutional, and residential fixtures.

Headquarters
98, Sri Sangaraja Mawatha
Colombo; Western Province; Postal Code: 10

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Website: http://www.laxapana.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1956
Key Executives
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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
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Director/Member of the Board
Ownership Details
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5.3%
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2.42%
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0.35%
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0.31%
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0.31%
Company Performance
Financial values in the chart are available after Laxapana Batteries 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
-13.22%
Total operating revenue
-10.66%
Operating profit (EBIT)
-57.64%
EBITDA
-55.74%
Net Profit (Loss) for the Period
-60.14%
Total assets
1.22%
Total equity
1.93%
Operating Profit Margin (ROS)
-14.94%
Net Profit Margin
-8.94%
Return on Equity (ROE)
-10.78%
Debt to Equity Ratio
0.67%
Quick Ratio
-0.91%
Cash Ratio
0.37%

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