Hikkaduwa Beach Resort PLC

Hikkaduwa Beach Resort PLC

CCSELK:CITH.N0000
4.40
LKR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Priya Chandana Bandara Talwatte
Full Time Employees
149
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Colombo Sri Lanka
IPO Date
Dec 17, 2012
Business
Hikkaduwa Beach Resort PLC operates in the leisure and hospitality industry, providing resort accommodation, dining, wellness, and event hosting services in Sri Lanka. The company operates beachfront resort properties, including Citrus Hikkaduwa along the southern coast and Citrus Waskaduwa on the western coast through its subsidiary Waskaduwa Beach Resort PLC. Its core offerings comprise guest accommodation, featuring standard rooms, superior rooms, ocean-view deluxe rooms, and luxury suites equipped with modern hospitality amenities; food and beverage operations, encompassing all-day dining venues, international and local specialty restaurants including Lemon Fish and Sky Lime, beachfront and poolside bars including Summer Salt Bar and Pomelo Hi, and coffee lounges; wellness and recreational services, including full-service therapies at Citron Senses Spa, outdoor swimming pools, fitness facilities, direct beach access, water sports, snorkeling, and diving excursions; and event management services, including banqueting facilities, conference halls, and dedicated venues for weddings, corporate retreats, and MICE (Meetings, Incentives, Conferences, and Exhibitions) events. The company serves domestic vacationers, international leisure travelers, corporate clients, and event organizers. In recent developments, the company has undertaken balance sheet and capital management initiatives, including rights issues and strategic shareholding transactions involving its parent entity Citrus Leisure PLC, which sold a portion of its voting equity to rebalance group capital. The resort group has also enhanced its guest service offerings, upgraded culinary and wellness operations, and expanded targeted international marketing initiatives to capitalize on the resurgence of inbound tourism and leisure travel in Sri Lanka. Founded in 2011, Hikkaduwa Beach Resort PLC is headquartered in Colombo, Sri Lanka, and operates as a subsidiary of Citrus Leisure PLC under the ultimate parentage of George Steuart & Company Limited.