Beruwala Resorts PLC
CCSELK:BERU.N00002.70
LKR
0.00
(0.00%)
ISIN
LK0416N00004
Return %
Stock
S&P 500
1Y
-30.77
14.20
3Y
107.69
81.12
5Y
80.00
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Full Time Employees
- 157
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Jul 4, 2012
- Similar Companies
- Business
- Beruwala Resorts PLC is a Sri Lanka-based hospitality company engaged in the ownership, operation, and management of resort properties and the provision of leisure, lodging, and tourist services. Incorporated in 1974 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Colombo Fort Hotels Limited under the ultimate ownership of The Colombo Fort Land & Building PLC, with its equity listed on the Diri Savi Board of the Colombo Stock Exchange. Beruwala Resorts PLC owns and manages The Palms, a beachfront resort property situated along Moragalla Beach in Beruwala on Sri Lanka's southwestern coastline. The company operates primarily through four core business segments: Accommodation, Food, Beverages, and Other Hotel Related Services. Its comprehensive product and service offerings comprise deluxe guest rooms, superior rooms, and luxury ocean-view suites equipped with private balconies, air conditioning, and modern in-room amenities; full-scale food and beverage operations, including the Golden Palms multi-cuisine buffet and à la carte restaurant, an open-air specialty seafood restaurant, beachfront coffee shops, and lounge bars; banquet, meeting, and event facilities tailored for corporate conferences, private receptions, and destination weddings; wellness and recreational amenities, including an outdoor swimming pool, a dedicated children's pool, a fitness center, and a specialized Ayurvedic wellness spa offering therapeutic treatments; and guest leisure services encompassing water sports, guided coastal excursions, 24-hour reception, foreign currency exchange, and airport transfer services. In recent corporate developments, Beruwala Resorts PLC executed a major balance sheet restructuring through a stated capital reduction completed in 2024, lowering its stated capital from Rs. 460.65 million to Rs. 120.00 million by writing off Rs. 340.65 million in accumulated losses while keeping its 700.54 million issued ordinary shares intact. Additionally, the company has implemented targeted service upgrades, property refurbishment programs, and enhanced operational measures across The Palms resort to capitalize on the sustained resurgence in international tourism arrivals and leisure travel demand across Sri Lanka.