Lanka Realty Investments PLC
CCSELK:ASCO.N000044.00
LKR
-2.00
(-4.35%)
ISIN
LK0008N00009
Return %
Stock
S&P 500
1Y
56.03
14.20
3Y
282.61
81.12
5Y
45.21
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 3, 1987
- Website
- lriplc.com
- Similar Companies
- Business
- Lanka Realty Investments PLC is a Sri Lanka-based investment holding company primarily engaged in real estate investment, property development, commercial and residential leasing, hospitality operations, and the manufacturing of concrete construction materials. The company operates across four primary business segments: Real Estate Development, Property Leasing, Leisure and Hospitality, and Building Material Manufacturing. The company's core products and services include the development, acquisition, sale, and long-term leasing of prime commercial office complexes, retail spaces, logistics facilities, and residential apartments; comprehensive master planning, land subdivision, and infrastructure development for gated communities; hospitality operations encompassing the management, marketing, and leasing of luxury boutique villas, coastal resorts, and tourism-related leisure real estate; and the manufacture and distribution of concrete building products, including interlocking concrete pavers, architectural masonry blocks, road kerbs, permeable paving systems, precast concrete elements, and specialized building components for civil engineering, residential, and commercial construction projects. Lanka Realty Investments PLC serves private residential buyers, corporate and retail tenants, institutional real estate investors, hospitality travelers, and civil construction contractors across Sri Lanka, with key property and leisure assets concentrated in the Western and Southern Provinces, particularly within Colombo, Weligama, Ahangama, and Galle. The company conducts its business through various operating subsidiaries and special purpose vehicles, including Ascot Developments (Pvt) Ltd, Lanka Realty Leisure (Pvt) Ltd, Oakwood Real Estate (Pvt) Ltd, Alexandra Holdings (Pvt) Ltd, and dedicated concrete manufacturing entities. In recent corporate developments, Lanka Realty Investments PLC has pursued active portfolio rationalization, operational reorganization, and capital restructuring to strengthen recurring rental yields and deleverage its balance sheet. The company has expanded its footprint in the luxury boutique hospitality and experiential tourism sector along the southern coastline to capitalize on rebounding tourist arrivals, while realigning its commercial real estate portfolio toward high-occupancy office and retail assets in central Colombo. In its industrial operations, the company has upgraded production efficiency across its precast concrete manufacturing facilities to meet revived demand from local infrastructure and private development projects. Following its structural transformation and name change from Ascot Holdings PLC, the group continues to evaluate strategic joint-venture development agreements, land monetization initiatives, and targeted expansions in sustainable commercial spaces and affordable residential housing. Originally incorporated in 1967 as Ascot Holdings PLC before adopting its current corporate identity following a comprehensive management and equity restructuring, Lanka Realty Investments PLC is headquartered in Colombo, Sri Lanka.