Alumex

Alumex PLC

Alumex PLC logo
Company type	Public
Traded as	CSE: ALUM.N0000
ISIN	LK0427N00001
Industry	Materials
Founded	1986; 38 years ago (1986)
Headquarters	Makola , Sri Lanka
Key people	A. M. Pandithage (Chairman) Pramuk Dediwela (Managing Director)
Revenue	LKR10,215 million (2023)
Operating income	LKR(1,790) million (2023)
Net income	LKR(10) million (2023)
Total assets	LKR10,518 million (2023)
Total equity	LKR3,608 million (2023)
Owners	Hayleys (52.59%) Akbar Brothers (13.39%)
Number of employees	735 (2023)
Parent	Haleys
Subsidiaries	Alco Industries (Pvt) Ltd (merged with the parent in 2023)
Website	www.alumexgroup.com
Footnotes / references [1]

Alumex PLC is an aluminium extrusions manufacturing company in Sri Lanka. The company was incorporated as a South Korean-Sri Lankan joint venture in 1986. The company commenced commercial operations two years later. The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired Alumex in 2010 and was listed on the Colombo Stock Exchange after an initial public offering in 2014. Alumex is the leading aluminium manufacturer in Sri Lanka, with a market share of 46%. Alumex is one of the LMD 100 companies in Sri Lanka.