Office Equipment PLC

COSE:OFEQ.N0000 Stock Report

Market Cap: LK₨139.6m

Office Equipment Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Laurence Ratnasabapathy

Chief executive officer

LK₨1.7m

Total compensation

CEO salary percentage97.8%
CEO tenure6.2yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Laurence Ratnasabapathy's remuneration changed compared to Office Equipment's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-LK₨9m

Jun 30 2024n/an/a

-LK₨9m

Mar 31 2024LK₨2mLK₨2m

-LK₨4m

Dec 31 2023n/an/a

LK₨2m

Sep 30 2023n/an/a

-LK₨2m

Jun 30 2023n/an/a

LK₨6m

Mar 31 2023LK₨1mLK₨1m

LK₨4m

Dec 31 2022n/an/a

LK₨8m

Sep 30 2022n/an/a

LK₨16m

Jun 30 2022n/an/a

LK₨12m

Mar 31 2022LK₨1mLK₨1m

LK₨13m

Dec 31 2021n/an/a

LK₨8m

Sep 30 2021n/an/a

LK₨7m

Jun 30 2021n/an/a

LK₨5m

Mar 31 2021LK₨1mLK₨1m

LK₨5m

Compensation vs Market: Laurence's total compensation ($USD5.73K) is below average for companies of similar size in the LK market ($USD78.16K).

Compensation vs Earnings: Laurence's compensation has increased whilst the company is unprofitable.


CEO

Laurence Ratnasabapathy

6.2yrs

Tenure

LK₨1,668,000

Compensation

Mr. Laurence Indraraj Ratnasabapathy serves as Managing Director at Office Equipment PLC. He serves as Chairman at Office Equipment PLC since November 20, 2020 and was it's Managing Director and Chief Exec...


Board Members

NamePositionTenureCompensationOwnership
Laurence Ratnasabapathy
Chairman & MD6.2yrsLK₨1.67mno data
Anusha De Alwis
Executive Director4.4yrsLK₨36.00kno data
Prasanna Senani Rajiv Chitty
Independent Non-Executive Director15.8yrsLK₨36.00kno data
Dulani De Alwis
Independent Non-Executive Directorless than a yearLK₨12.00kno data
Mohamed Riyad Riffai
Senior Independent Non-Executive Directorless than a yearLK₨12.00kno data

4.4yrs

Average Tenure

Experienced Board: OFEQ.N0000's board of directors are considered experienced (4.4 years average tenure).