LAUGFS Gas PLC
36.50
LKR
-1.00
(-2.67%)
ISIN
LK0371N00001
Return %
Stock
S&P 500
1Y
-34.35
14.20
3Y
14.06
81.12
5Y
57.33
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Piyadasa Kudabalage
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Colombo Sri Lanka
- IPO Date
- Nov 4, 2010
- Website
- laugfsgas.lk
- Similar Companies
- Business
- LAUGFS Gas PLC is a Sri Lanka-based energy and infrastructure company primarily engaged in the downstream and midstream liquefied petroleum gas (LPG) industry, ocean freight logistics, and commercial property development. Founded in 2000 and headquartered in Colombo, Sri Lanka, the company operates as a key subsidiary of LAUGFS Holdings Limited and trades on the Colombo Stock Exchange. LAUGFS Gas PLC organizes its operations into three core business segments: Energy, Maritime & Logistics, and Property Development. The company's portfolio of products and services comprises domestic LPG distributed in 2 kg, 5 kg, and 12.5 kg cylinders; commercial and industrial LPG supplied in 37.5 kg cylinders, bulk storage installations, and specialized manifold configurations for hospitality, manufacturing, and agricultural facilities; automotive LPG marketed under the AutoGas brand, including vehicular fueling and conversion support; LPG-related safety hardware, accessories, regulators, and high-pressure hose assemblies; maritime ocean transport, vessel chartering, and offshore logistics delivered via a proprietary fleet of pressurized LPG tankers; bulk LPG transshipment, offloading, storage, and re-export terminaling services through a 30,000 metric ton capacity terminal located at the Hambantota International Port; international LPG trading and procurement operations; and commercial real estate development, asset management, and corporate property leasing. The company primarily serves retail, commercial, industrial, and maritime clients across Sri Lanka, with trading and offshore procurement managed through international operations in the United Arab Emirates. In recent corporate developments, LAUGFS Gas PLC entered into a strategic collaboration agreement with state-owned Litro Gas Lanka to share storage infrastructure at the Hambantota transshipment terminal, aimed at securing national energy buffer reserves and driving terminal utilization. Concurrently, the company has engaged in domestic and midstream debt restructuring discussions with financial institutions to stabilize capital structure constraints following macroeconomic headwinds, while realigning its regional footprint around core Sri Lankan distribution and UAE-based commodity procurement operations via SLOGAL Energy DMCC following the prior divestment of its retail gas subsidiary in Bangladesh.