Company type | Public |
---|---|
CSE: DPL.N0000 | |
ISIN | LK0235N00008 |
Industry | Porcelain |
Founded | 1984 |
Headquarters | , Sri Lanka |
Key people |
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Revenue | LKR5.913 billion (2023) |
LKR1.168 billion (2023) | |
LKR679 million (2023) | |
Total assets | LKR6.134 billion (2023) |
Total equity | LKR3.255 billion (2023) |
Number of employees | 1,500 (2023) |
Parent | Ceyline Investments (68.19%) |
Subsidiaries |
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Website | www |
Footnotes / references [1] |
Dankotuwa Porcelain PLC is a porcelain tableware manufacturing company based in Dankotuwa, Sri Lanka. Dankotuwa Porcelain was incorporated in 1984 as a subsidiary of Ceylon Ceramics Corporation. Dankotuwa Porcelain was one of the four public enterprises that were privatised in December 1990. The company was converted to a public company in 1994 and listed on the Colombo Stock Exchange later in the same year. Environmental Resources Investment (currently known as Ambeon Holdings) acquired the company in 2010 for a consideration of LKR433 million. Dankotuwa Porcelain acquired Royal Fernwood Porcelain from Browns Group in December 2013 for LKR305 million.
Export sales of the company make up 83% of total sales. The company took part in the International Labour Organization's social dialogue programme of work teams. Dankotuwa Porcelain ranked 38th in LMD 100 second board in its 2021/22 edition. In 2021, Dankotowa Porcelain was adjudged as the most loved homeware brand in Sri Lanka by Brand Finance. Ceyline Investments acquired 50.1% of the stake of the company in July 2023 for a consideration of LKR2.3 billion. Subsequently, Ceyline Investments increased its stake to 68.19% through the mandatory offer.