Three Acre Farms Plc
CCSELK:TAFL.N0000609.75
LKR
+5.75
(+0.95%)
ISIN
LK0236N00006
Return %
Stock
S&P 500
1Y
1.84
14.20
3Y
173.74
81.12
5Y
188.98
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
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in mil. unless spec.Company Description
- CEO
- Chih Kwong Cheng
- Full Time Employees
- 711
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Colombo Sri Lanka
- IPO Date
- Mar 20, 1995
- Similar Companies
- Business
- Three Acre Farms PLC is a Sri Lanka-based poultry breeding and livestock farming enterprise primarily engaged in selective poultry breeding, hatchery operations, and commercial poultry production. Founded in 1963 and headquartered in Colombo, Sri Lanka, the company operates as a key subsidiary of Ceylon Grain Elevators PLC and forms part of the multinational Prima Group of Singapore. Three Acre Farms PLC manages an integrated livestock supply chain, offering products and services that include: commercial day-old chicks (DOCs), comprising day-old broiler chicks for commercial meat production and day-old layer chicks for table egg production; grandparent and parent stock breeding operations, utilizing internationally recognized poultry genetics through exclusive franchises including the Indian River broiler and Hy-Line layer breeds; commercial broiler farming, raising and supplying live market-ready poultry; and agricultural support operations, comprising farm facility leasing, computerized hatchery incubation, biosecurity administration, flock health management, and direct distribution logistics to commercial poultry farms and outgrowers across Sri Lanka. The company conducts its breeding, rearing, and commercial farm activities across specialized agricultural locations throughout the country, including Meegoda, Kosgama, Halwathura, Aswatta, Makuluwatta, and Wewelpanawa, operating directly and via wholly owned subsidiaries such as Ceylon Pioneer Poultry Breeders Limited and Millennium Multibreeder Farms (Private) Limited. In recent operational developments over the past two years, Three Acre Farms PLC has modernized its hatchery automation, climate control, and incubation systems to maximize hatchability rates and energy efficiency, while instituting upgraded disease prevention and biosecurity protocols across its farm network. The company has also strengthened its vertical operational integration with parent entity Ceylon Grain Elevators PLC to mitigate raw material price fluctuations and optimize poultry feed efficiency. Furthermore, Three Acre Farms PLC has expanded its direct-to-farm supply chain network and enhanced technical advisory services for smallholder farmers, alongside deploying structured environmental, social, and governance (ESG) sustainability initiatives centered on waste treatment and sustainable livestock farming practices across its production centers.