Balangoda Plantations Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Dimuthu Wekunagoda

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO

Dimuthu Wekunagoda

3.3yrs

Tenure

Mr. Dimuthu D. Wekunagoda is Chief Executive Officer of Balangoda Plantations PLC since January 01, 2021. He serves as CEO of Balangoda Plantations PLC at Melstacorp PLC since May 2023. He served as Chief...

Board Members

Name	Position	Tenure	Compensation	Ownership
Deshamanya Don Harold Jayawardena	Chairman & MD	15.7yrs	no data	no data
Mellawatantrige Anton Niroshan Perera	Executive Director	1.3yrs	no data	no data
Vijayanthimala Senaratne	Alternate Director	4.8yrs	no data	no data
Cedric Jansz	Non Executive Director	2.3yrs	no data	no data
Arinesarajah Shakthevale	Independent Non-Executive Director	13.8yrs	no data	no data
Don Soshan Amarasekera	Independent Non Executive Director	13.8yrs	no data	no data
Deshamanya Hasitha Jayawardena	Non Executive Non Independent Director	6.6yrs	no data	no data
Kumarasamy Dayaparan	Non Executive Director	1.7yrs	no data	no data

5.7yrs

Average Tenure

74yo

Average Age

Experienced Board: BALA.N0000's board of directors are considered experienced (5.7 years average tenure).

Balangoda Plantations Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Balangoda Plantations PLC, Annual General Meeting, Jun 29, 2023

Insufficient new directors

Insufficient new directors

Balangoda Plantations PLC, Annual General Meeting, Jun 28, 2022

Recent updates

Full year 2023 earnings released: EPS: LK₨4.78 (vs LK₨23.56 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨0.89 (vs LK₨18.96 in 3Q 2022)

New major risk - Financial position

Second quarter 2023 earnings released: EPS: LK₨0.31 (vs LK₨19.47 in 2Q 2022)

Less than half of directors are independent

Balangoda Plantations PLC, Annual General Meeting, Jun 29, 2023

First quarter 2023 earnings released: EPS: LK₨3.25 (vs LK₨6.43 in 1Q 2022)

Upcoming dividend of LK₨2.00 per share

Full year 2022 earnings released: EPS: LK₨41.27 (vs LK₨0.073 loss in FY 2021)

Insufficient new directors

Investor sentiment deteriorated over the past week

Insufficient new directors

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: LK₨19.47 (vs LK₨1.21 in 2Q 2021)

Now 23% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Balangoda Plantations PLC, Annual General Meeting, Jun 28, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: LK₨6.43 (vs LK₨0.39 loss in 1Q 2021)

Full year 2021 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS LK₨1.21 (vs LK₨3.26 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released

New 90-day low: LK₨13.10

New 90-day high: LK₨16.80

New 90-day high: LK₨16.50

First half earnings released

First quarter earnings released

CEO

Tenure

Board Members

Average Tenure

Average Age