Switch between our dark and light theme.
see posts from by tagged as
Recent » posts replies

  • Interesting article on #CTHR by Sri Lanka Equity Analytics

  • http://www.srilankaequity.com/2010/03/ceylon-theatres-cthr-inspired-by.html

    CEYLON THEATRES (CTHR) - INSPIRED BY THE INGRAINED FAMILY VALUES INHERITED OVER GENERATIONS

    History

    Ceylon Theatres PLC was established in 1928 for the purpose of exhibiting, importing and
    distribution of motion pictures, with the late Sir Chittampalam A. Gardiner as its first Chairman
    and Managing Director.

    Under the guidance of the late Sir Chittampalam A. Gardiner, the Company acquired a
    controlling interest in Millers PLC. in 1945, which in turn acquired a controlling interest in
    Cargills (Ceylon) PLC in 1946. In 1971, the Company, after the demise of its founder Chairman,
    made a decision to concentrate on the cinema industry and divested its controlling shareholding
    in Millers PLC, thereby losing control of Cargills (Ceylon) PLC.

    When the late Mr. Albert A. Page was appointed the Managing Director of Ceylon Theatres
    PLC in 1980, the Company was facing grave difficulties due to the establishment of the State
    Film Corporation which took over the import and distribution of motion films in the industry. To
    counter the adverse business climate faced by the Company, Mr. Albert A. Page set out to regain
    control of Millers PLC and through it Cargills (Ceylon) PLC. Under the stewardship of the late
    Mr. Albert A. Page, a great visionary, the Group then further diversified into Food Processing,
    Property Development, Financial Services, Ceramic, Tiles and Plantations sectors.

    In 2008, the Group engaged in a restructure of operations, with Ceylon Theatres and Millers
    merging into a single entity, and the operations of Millers being transferred to Cargills. The
    restructuring, consolidated the operations into individual sectors, thereby bringing greater focus,
    operational efficiency and flexibility for future growth and expansion.

    Food and Beverage

    Cargills (Ceylon) PLC is Sri Lanka’s largest modern retail player. Cargills Food City, Cargills Express and Cargills Big City modern retail outlets have above 50% market share in the sector. It is also a significant player in the FMCG sector with three of the fastest growing manufactured food brands in the island, Cargills Magic, Cargills Kist and Cargills Supremo. The company’s logistics arm distributes own - brands as well as international food and non-food brands across the 25 districts. Cargills also holds the franchise for KFC in Sri Lanka. The Cargills agribusiness model has gained global recognition for its inclusive and sustainable value chain.

    Real Estate

    CT Land Development and CT Properties are formidable players in Sri Lanka’s Real Estate sector. CT Land Development owns the country’s premier shopping and entertainment complex Majestic City, while CT Properties has just completed the development of ‘Empire’ of the tallest residential building structures in the island. Several other township and development projects are in the pipeline. Bandarawela Hotel, the only hotel in the Group remains a highly patronized get-away spot in the hill country.

    Ceramics, Tiles and Wooden Flooring

    The Group’s interest in the sector includes mining for ceramic raw material as well as retailing of ceramic and allied products through its subsidiary Lanka Ceramics. The companies in the sector are industry pioneers with Lanka Tiles being the first floor tile manufacturer in Sri Lanka for both domestic and export markets. Lanka Walltiles is the only wall tile manufacturer in the country. Parquet manufactures wooden flooring.

    Plantations

    Ceytea Plantation Management is the holding company of a Listed Subsidiary Horana Plantations. Horana Plantations has leasehold rights to 16 tea and rubber estates, constituting approximately 7,500 ha of land. Its newly refurbished plantation bungalows in Neboda and Lindula have expanded the Groups interests in the leisure sector.

    Financial Services

    CT Smith Stockbrokers is one of the leading brokering firms in Sri Lanka. CT Capital primarily engages in providing a diverse range of capital market solutions and financial advisory services. CT Fund Management manages Comtrust Equity Fund which is structured to yield optimum results for investors.

    Entertainment

    Ceylon Theatres has been associated with the Sri Lankan entertainment industry for over 75 years. CT Films operates the most patronized Cinemas in the country including the Regal and Majestic in Colombo along with Regal Cinemas in Negombo and Kandy.

    Packaging

    Uni Dil packaging offers a full turnkey packaging service from design to delivery. The company supplies both to the domestic and export market. Uni Dil caters to manufactures, retailers and end-users in Tea, Apparel, Food and Catering, Ceramics, Agriculture and Rubber industries.
  • articlehistoryinvestment
  • 1 replies, rohit 7 Mar 10 posted by rehan, 7 Mar 10
This post has been viewed 313 times, by 9 logged-in users the last being thili.
Invite people to participate...

Login and invite friends to participate!

  • reply from rohit, 7 Mar 10
  • :)

To reply to this post...
Register (it's free, top-right) - or - if you have an account then login!

{#} Use # when referring to a stock to help people locate posts and replies related to that stock.ex: #JKH or #SPEN, no company names and remember to keep NO SPACES between the # and the stock symbol.