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Lanka Tiles PLC, doing business as LANKATILES, is a glazed ceramic and porcelain tile manufacturing company in Sri Lanka. The company was incorporated in 1984 and two years later was listed on the Colombo Stock Exchange .
Royal Ceramics Lanka PLC branded as Rocell, is a Sri Lankan holding company and is also engaged in manufacturing ceramic tiles and bath ware. The company was founded in 1990 and in 1994, it was listed on the Colombo Stock Exchange. The company is one of the constituents of the S&P Sri Lanka 20 Index. [2]
Mariwasa stopped trading in the stock exchange in December 1999, decided to close its main tile manufacturing plant in 2001 in Rosario, Pasig, [7] and defaulted in 2003. Mariwas took a $14.5 million loan from the International Finance Corporation in 1999 as part of a restructuring of Mariwasa's financing and operations.
The company was listed on the Colombo Stock Exchange in 1983. Parquet (Ceylon) switched its core business by switching to manufacturing tile grout and mortar in 2009. In 2011, the company was renamed Swisstek (Ceylon) and in 2013, became a part of the Vallibel One Group. Swisstek is one of the LMD 100 companies in Sri Lanka.
The company was awarded by LMD as the most respected finance company in Sri Lanka in 2019. The company is the fastest to cross the Rs. 1 billion profit mark in 2019. [ 4 ] In 2014, Australian gambling tycoon James Packer's Crown Casino planned to start a joint venture project with Vallibel One, its value more than US$300 million, but the ...
Colombo (/ k ə ˈ l ʌ m b oʊ / kə-LUM-boh; [2] Sinhala: කොළඹ, romanized: Koḷam̆ba, IPA: [ˈkoləᵐbə]; Tamil: கொழும்பு, romanized: Koḻumpu, IPA:) is the executive and judicial capital [3] and largest city of Sri Lanka by population.