Richard Pieris Exports PLC
CCSELK:REXP.N0000290.00
LKR
-4.00
(-1.36%)
ISIN
LK0209N00003
Return %
Stock
S&P 500
1Y
-21.89
14.20
3Y
-43.80
81.12
5Y
-39.83
68.34
Capital Structure
FRC
•
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
•
in mil. unless spec.Company Description
- CEO
- Wasantha Rukmal Abeysirigunawardena
- Full Time Employees
- 627
- Sector
- Producer manufacturing
- Industry
- Miscellaneous manufacturing
- Address
- Maharagama Sri Lanka
- IPO Date
- Oct 11, 1993
- Website
- arpicorubber.com
- Similar Companies
- Business
- Richard Pieris Exports PLC is a Sri Lanka-based manufacturer and exporter specializing in 100% natural rubber latex foam sleep products and engineered technical rubber goods for international consumer, industrial, commercial, and agricultural markets. Founded in 1983 and headquartered in Maharagama, Sri Lanka, the company operates as a key export subsidiary of the diversified conglomerate Richard Pieris & Company PLC. The company operates primarily through two core business segments: Latex Foam Products and Rubber Products. Its comprehensive product portfolio includes 100% natural and organic latex foam mattresses, continuous-cast latex cores, mattress toppers, pillows, and ergonomic cushions marketed under the Arpico Organic Latex and Arpico Latex Foam brands; healthcare and orthopedic mattress cores; commercial and industrial rubber matting, including anti-fatigue mats, electrical insulation safety mats, food-service kitchen mats, entrance mats, and sports flooring; agricultural matting solutions, including dairy cow comfort mats and equestrian stable flooring; specialty molded rubber products, including jar rings, pipe seals, shoe soling sheets, crutch tips, and custom rubber moldings; and technical calendered rubber sheeting. Richard Pieris Exports PLC manages its export manufacturing infrastructure via key operating subsidiaries, including Richard Pieris Natural Foams Limited and Microcells PLC, serving major export destinations across North America, Europe, Asia-Pacific, the Middle East, and Latin America. In recent developments, the company has expanded its strategic focus on sustainable and certified organic bedding, scaling its production lines certified under Global Organic Latex Standard (GOLS), Global Organic Textile Standard (GOTS), FSC, and OEKO-TEX to supply premium direct-to-consumer mattress brands across the United States and Europe. Operationally, the company has upgraded its manufacturing facilities in the Biyagama Export Processing Zone with automated casting machinery, expanded solar power generation, and enhanced energy-efficiency systems to lower carbon intensity and address global supply chain compliance requirements. Additionally, through Microcells PLC, the company has introduced high-durability specialty matting ranges targeted at industrial infrastructure and animal welfare sectors to diversify its revenue streams and enter new regional markets.