Mahaweli Reach Hotels PLC engages in the hotelier and related activities in Sri Lanka. The company provides rooms and suites; signature cakes, laundry services, and floral arrangements; and wedding, meeting, events, outdoor catering, and on-site celebrations. It also operates restaurants and a café. The company was incorporated in 1973 and is based in Kandy, Sri Lanka. Mahaweli Reach Hotels PLC is a subsidiary of Universal Enterprises.
Sri Lankan Market Performance
7D7 Days: 0.6%
3M3 Months: 21.4%
1Y1 Year: 64.1%
YTDYear to Date: 17.6%
The market has been flat in the last week, however the Information Technology sector is down 5.0%. More promisingly, the market is up 63% over the past year. As for the next few years, earnings are expected to grow by 47% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.