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Lanka Tiles information


Lanka Tiles PLC
FormerlyLanka Floortiles (1999-2013)
Company typePublic
Traded as
CSE: TILE.N0000
ISINLK0114N00005
IndustryCapital goods
FoundedMarch 30, 1984; 40 years ago (1984-03-30)
Headquarters
Colombo
,
Sri Lanka
Key people
  • A. M. Weerasinghe (Chairman)
  • J. A. P. M. Jayasekera (Managing Director)
RevenueIncrease LKR18.684 billion (2023)
Operating income
Increase LKR5.298 billion (2023)
Net income
Decrease LKR3.688 billion (2023)
Total assetsIncrease LKR18.627 billion (2023)
Total equityIncrease LKR12.932 billion (2023)
Number of employees
Increase 744 (2023)
ParentLanka Walltiles PLC (68.217%)
SubsidiariesSwisstek (Ceylon) PLC (47.80%; Associate company)
Websitewww.lankatiles.com
Footnotes / references
[1]

Lanka Tiles PLC, doing business as LANKATILES, is a glazed ceramic and porcelain tile manufacturing company in Sri Lanka. The company was incorporated in 1984 and two years later was listed on the Colombo Stock Exchange. Lanka Tiles was a part of the government-owned Ceylon Ceramics Corporation. In 1991, all but one division of Ceylon Ceramics Corporation was incorporated as Lanka Ceramic Limited. Ceylon Theatres acquired Lanka Ceramic from the government of Sri Lanka. In 2013, Royal Ceramics acquired 80% of the stake in Lanka Ceramic, thus bringing Lanka Tiles under the umbrella of the Vallibel One Group. The company capitalised on an anti-dumping duty imposed by the government of the United States on goods originating in China and started exporting mosaic tiles to the United States. Lanka Tiles is one of the 100 most valuable brands in Sri Lanka in 2022. Due to weakening demand as a result of the prevailing economic crisis in the country, the company restarted its operations in India. Lanka Tiles is also an LMD 100 company in Sri Lanka.

  1. ^ "Annual Report 2022/23" (PDF). cse.lk. Lanka Tiles PLC. Retrieved 18 June 2023.

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