Ceylon Cold Stores : Annual Report 2021/22


As we look towards the future, we cherish the core strengths that have upheld us through the good and bad times; our values and our propensity to offer best in class market leading experience.

Our journey of progress never ends, and we firmly believe that our dedicated staff and dynamic strategies will sustain our reputation and value creation models. Our Retail Sector has redefined industry standards in Sri Lanka’s modern trade industry, transforming the customer experience through superior service, technology, and a customer-centric product proposition. Giving our valuable partners uncompromised quality, our report is a veritable testament to our persistence to evolve into the future.


About Us

  1. Our Approach to Reporting
  1. Performance Highlights
  1. Chairman’s Message
  1. CCS at a Glance
  1. Value Creation Model
  1. Strategic Review
  1. Year at a Glance
  1. Awards & Certifications
  1. The Board of Directors
  1. Management Team

Management Discussion & Analysis

32 Material Matters

34 Embedding Sustainability

  1. Strategy & Resource Allocation
  1. Measuring Progress
  1. Operating Environment
  1. Delivering Our Strategy
  1. Capital Management

Enterprise Governance

  1. Corporate Governance Commentary
  1. Enterprise Risk Management
  1. GRI Index

Financial Reports

  1. Annual Report of the Board of Directors
  1. Audit Committee Report
  1. Statement of Directors’ Responsibility
  2. Independent Auditors’ Report
  1. Income Statement
  2. Statement of Comprehensive Income
  3. Statement of Financial Position
  4. Statement of Changes in Equity
  5. Statement of Cash Flows
  1. Index to Notes
  2. Notes to the Financial Statements
  1. Your Share in Detail
  1. Decade at a Glance
  2. Key Figures and Ratios
  1. Group Real Estate Portfolio
  2. Glossary of Financial Terminology
  3. Notice of Meeting
  1. Form of Proxy
    IBC Corporate Information

Our History

For 156 years, we have continuously evolved our products and processes and empowered our team to stay at the forefront of our business.

Our Vision

Our passion is to deliver pleasure and nutrition throughout people’s lives, through exciting and superior products, whenever and wherever they choose to eat and drink.

Our Values




Changing constantly,

Doing the right thing

Constantly raising the bar

reinventing and evolving


In trying new ideas we win or learn, there is no failure.

Transparency is everything, so we just

We get better every day.

do it right!



Fostering a great place to

Building strong relationships


based on openness and trust

We listen, we are thoughtful and we care to make a difference.

The foundation we work from.

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Ceylon Cold Stores plc published this content on 20 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2022 03:34:05 UTC.

Publicnow 2022


Sales 2022 79 985 M
222 M
222 M
Net income 2022 1 042 M
2,90 M
2,90 M
Net Debt 2022

P/E ratio 2022 24,8x
Yield 2022 7,33%
Capitalization 25 946 M
72,1 M
72,1 M
Capi. / Sales 2022 0,32x
Capi. / Sales 2023 0,27x
Nbr of Employees 3 794
Free-Float 14,9%


Duration :

Period :

Ceylon Cold Stores PLC Technical Analysis Chart | MarketScreener

Income Statement Evolution



Mean consensus BUY
Number of Analysts 5
Last Close Price 27,30 LKR
Average target price 68,05 LKR
Spread / Average Target 149%

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