Cargo Boat Development Co. Ltd.
CCSELK:CABO.N0000157.00
LKR
0.00
(0.00%)
ISIN
LK0021N00002
Return %
Stock
S&P 500
1Y
-9.77
14.20
3Y
201.34
81.12
5Y
136.45
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Niruja Rajeswari Thambiayah
- Sector
- Finance
- Industry
- Real estate development
- Address
- Colombo Sri Lanka
- Similar Companies
- Business
- Cargo Boat Development Company PLC is a Sri Lanka-based property development and investment enterprise engaged primarily in the ownership, development, management, and leasing of commercial real estate. Founded in 1958 and headquartered in Colombo, Sri Lanka, the company focuses on commercial property investments across the domestic market, maintaining a portfolio of prime real estate assets situated strategically within the commercial and financial hub of Colombo. The company's primary products and services comprise: commercial property development, redevelopment, and real estate asset management; leasing and rental of premium commercial office complexes, retail premises, and storage facilities; comprehensive building management, property maintenance, security, and tenant support services; and portfolio investment management in listed equity securities, government securities, and fixed-income financial instruments. Its customer base includes banking and financial institutions, multinational corporations, professional service providers, and domestic trading enterprises. In recent operations, Cargo Boat Development Company PLC has implemented infrastructure refurbishment and modernization programs across its key commercial properties in Colombo to optimize occupancy rates, improve energy efficiency, and elevate tenant facilities. The company has actively revised rental agreements and lease structuring to preserve occupancy stability and enhance rental yields amid macroeconomic recovery in Sri Lanka. In addition, Cargo Boat Development Company PLC has maintained a disciplined capital allocation approach by optimizing its liquidity through strategic fixed-income placements and reinforcing facility management efficiencies across its operational footprint.