Raigam Wayamba Salterns Plc

Raigam Wayamba Salterns Plc

CCSELK:RWSL.N0000
16.40
LKR
-1.00
(-5.75%)
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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
Kishan Rohana Theodore
Full Time Employees
242
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Homagama Sri Lanka
IPO Date
Mar 23, 2010
Business
Raigam Wayamba Salterns PLC is a Sri Lanka-based salt manufacturing and refining company engaged primarily in the harvesting, processing, packaging, and distribution of edible, industrial, and value-added salt products. Founded in 2005 and headquartered in Kiriwattuduwa, Sri Lanka, the company operates as a core subsidiary of the Kingdom of Raigam group and manages integrated solar saltern facilities located in Puttalam, Hambantota, and Trincomalee, operating directly and through its subsidiaries, including Southern Salterns (Pvt) Ltd and Raigam Eastern Salt Company (Pvt) Ltd. The company operates across two primary business segments: Edible Salt and Industrial Salt, supplying retail consumers, fast-moving consumer goods manufacturers, and diverse industrial sectors. Its core product and service portfolio comprises edible salt offerings such as refined iodized table salt, vacuum-evaporated free-flow salt, crushed washed salt, crystalline table salt, and sodium-reduced dietary formulations marketed under established brand names including Raigam Isi, Isi, and Pop; industrial salt solutions featuring high-purity uniodized and iodized grades formulated for textile dyeing, water treatment, chlor-alkali chemical manufacturing, leather tanning, detergent production, animal feed compounding, and commercial fisheries preservation; mineral and chemical by-products including raw gypsum for the cement industry and bittern extracts; and specialized consumer lines including therapeutic bath salts and personal care mineral salts. In recent operational developments, Raigam Wayamba Salterns PLC has expanded its production infrastructure through modernized crystallization and automated packaging technologies to increase domestic market penetration and reduce national reliance on imported refined salt. Additionally, the company has integrated rooftop solar photovoltaic energy systems across its manufacturing plants to improve energy cost efficiencies, advanced the commercialization of value-added chemical derivatives like magnesium sulfate from residual salt bitterns, and expanded its distribution reach to target regional export markets within the Indian Ocean and South Asian territories.