Lanka Tiles

Lanka Tiles PLC

Logo of Lanka Tiles PLC
Formerly	Lanka Floortiles (1999-2013)
Company type	Public
Traded as	CSE: TILE.N0000
ISIN	LK0114N00005
Industry	Capital goods
Founded	March 30, 1984; 40 years ago (1984-03-30)
Headquarters	Colombo , Sri Lanka
Key people	A. M. Weerasinghe (Chairman) J. A. P. M. Jayasekera (Managing Director)
Revenue	LKR18.684 billion (2023)
Operating income	LKR5.298 billion (2023)
Net income	LKR3.688 billion (2023)
Total assets	LKR18.627 billion (2023)
Total equity	LKR12.932 billion (2023)
Number of employees	744 (2023)
Parent	Lanka Walltiles PLC (68.217%)
Subsidiaries	Swisstek (Ceylon) PLC (47.80%; Associate company)
Website	www.lankatiles.com
Footnotes / references [1]

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. Lanka Tiles was a part of the government-owned Ceylon Ceramics Corporation. In 1991, all but one division of Ceylon Ceramics Corporation was incorporated as Lanka Ceramic Limited. Ceylon Theatres acquired Lanka Ceramic from the government of Sri Lanka. In 2013, Royal Ceramics acquired 80% of the stake in Lanka Ceramic, thus bringing Lanka Tiles under the umbrella of the Vallibel One Group. The company capitalised on an anti-dumping duty imposed by the government of the United States on goods originating in China and started exporting mosaic tiles to the United States. Lanka Tiles was one of the 100 most valuable brands in Sri Lanka in 2022. Due to weakening demand as a result of the prevailing economic crisis in the country, the company restarted its operations in India. Lanka Tiles is also an LMD 100 company in Sri Lanka.