Kahawatte Plantations Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Binesh Pananwala

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	no data
Board average tenure	15.7yrs

Recent management updates

Recent updates

CEO

Binesh Pananwala

less than a year

Tenure

Mr. Binesh Neomal Pananwala serves as Chief Executive Officer of Kahawatte Plantations PLC since October 1, 2023. He was Chief Executive Officer of Watawala Plantations PLC since September 1, 2016 until Se...

Board Members

Name	Position	Tenure	Compensation	Ownership
Malik Fernando	Non-Executive Director	23.3yrs	no data	no data
Minette Delicia Perera	Independent Non-Executive Director	23.3yrs	no data	0.0040% LKR 71.9k
Himendra Ranaweera	Non-Executive Director	15.7yrs	no data	no data
Dilhan Fernando	Non-Executive Director	15.7yrs	no data	no data
Daya Wickramatunga	Independent Non-Executive Director	15.7yrs	no data	no data
Nimal Amerasekera	Independent Non Executive Director	7.9yrs	no data	no data

15.7yrs

Average Tenure

80yo

Average Age

Experienced Board: KAHA.N0000's board of directors are seasoned and experienced ( 15.7 years average tenure).

Kahawatte Plantations Management

Management criteria checks 1/4

Key information

Recent management updates

Kahawatte Plantations PLC Appoints Binesh Neomal Pananwala as CEO

Kahawatte Plantations plc Announces Demise of Merrill Joseph Fernando, Chairman and Director

Kahawatte Plantations PLC, Annual General Meeting, Jun 22, 2023

Less than half of directors are independent

Kahawatte Plantations PLC, Annual General Meeting, Jun 27, 2022

Less than half of directors are independent

Recent updates

First quarter 2024 earnings released: EPS: LK₨1.83 (vs LK₨1.31 loss in 1Q 2023)

Full year 2023 earnings released: LK₨5.83 loss per share (vs LK₨3.14 profit in FY 2022)

Now 21% undervalued after recent price drop

Now 23% undervalued after recent price drop

Third quarter 2023 earnings released: LK₨1.64 loss per share (vs LK₨2.60 profit in 3Q 2022)

Kahawatte Plantations PLC Appoints Binesh Neomal Pananwala as CEO

New major risk - Share price stability

Second quarter 2023 earnings released: LK₨1.47 loss per share (vs LK₨3.07 profit in 2Q 2022)

Kahawatte Plantations plc Announces Demise of Merrill Joseph Fernando, Chairman and Director

New minor risk - Share price stability

Investor sentiment improves as stock rises 25%

Kahawatte Plantations PLC, Annual General Meeting, Jun 22, 2023

First quarter 2023 earnings released: LK₨1.31 loss per share (vs LK₨1.06 profit in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨3.10 (vs LK₨1.07 loss in FY 2021)

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: LK₨2.60 (vs LK₨0.55 loss in 3Q 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: LK₨3.07 (vs LK₨0.24 loss in 2Q 2021)

Kahawatte Plantations PLC, Annual General Meeting, Jun 27, 2022

First quarter 2022 earnings released

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released

Second quarter 2021 earnings released: LK₨0.24 loss per share (vs LK₨0.56 loss in 2Q 2020)

First quarter 2021 earnings released

New 90-day low: LK₨29.70

Full year 2020 earnings released: LK₨3.08 loss per share (vs LK₨6.38 loss in FY 2019)

New 90-day low: LK₨30.00

New 90-day low: LK₨30.10

New 90-day low: LK₨30.50

New 90-day high: LK₨35.80

Kahawatte Plantations PLC to Report Fiscal Year 2019 Results on Sep 18, 2020

New 90-day low - LK₨32.10

First quarter earnings released

CEO

Tenure

Board Members

Average Tenure

Average Age