Melstacorp Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Mellawatantrige Anton Niroshan Perera

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Mellawatantrige Anton Niroshan Perera

1.5yrs

Tenure

Mr. Mellawatantrige Anton Niroshan Sampath Perera is Non-Independent Non-Executive Director of Browns Beach Hotels PLC from February 01, 2023. He is an Executive Director of Madulsima Plantations PLC and B...

Board Members

Name	Position	Tenure	Compensation	Ownership
Mellawatantrige Anton Niroshan Perera	MD & Director	1.5yrs	no data	no data
Cedric Jansz	Deputy Chairman	less than a year	no data	no data
L. U. Fernando	Executive Director	1.8yrs	no data	no data
Kolitha Kahanda	Non-Executive Director	no data	no data	no data
Anthony Nelson Balasuriya	Independent Non-Executive Director	no data	no data	no data
Niranjan De Silva Deva Aditya	Independent Non-Executive Director	no data	no data	no data
Deshamanya Hasitha Jayawardena	Chairman	no data	no data	no data
D. Stasshani Jayawardena	Non-Independent Non-Executive Director	1.8yrs	no data	0.0033% LKR 3.2m
Don Hasitha Jayawardena	Non-Independent Non-Executive Director	no data	no data	1.76% LKR 1.7b
Mohamed Mihular	Independent Non-Executive Director	1.3yrs	no data	no data

1.5yrs

Average Tenure

71yo

Average Age

Experienced Board: MELS.N0000's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Melstacorp Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new directors

High number of new directors

Melstacorp plc Appoints Cedric Royle Jansz as Deputy Chairman

Melstacorp PLC, Annual General Meeting, Sep 22, 2023

Executive Director recently sold LK₨2.2m worth of stock

Less than half of directors are independent

Recent updates

Upcoming dividend of LK₨2.00 per share

Upcoming dividend of LK₨2.00 per share

Third quarter 2024 earnings released: EPS: LK₨2.50 (vs LK₨4.29 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨1.32 (vs LK₨4.69 in 2Q 2023)

Upcoming dividend of LK₨4.27 per share at 8.1% yield

High number of new directors

High number of new directors

Melstacorp plc Appoints Cedric Royle Jansz as Deputy Chairman

Melstacorp PLC, Annual General Meeting, Sep 22, 2023

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: LK₨1.92 (vs LK₨5.91 in 1Q 2023)

Executive Director recently sold LK₨2.2m worth of stock

Investor sentiment improves as stock rises 18%

Upcoming dividend of LK₨2.71 per share at 5.7% yield

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: LK₨16.83 (vs LK₨9.41 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨4.29 (vs LK₨1.90 in 3Q 2022)

Less than half of directors are independent

Melstacorp PLC Announces Demise of Ranjeevan Seevaratnam, Non-Executive Independent Director

Second quarter 2023 earnings released: EPS: LK₨4.69 (vs LK₨2.29 in 2Q 2022)

Price target increased to LK₨86.00

Upcoming dividend of LK₨2.35 per share

Melstacorp plc Announces Retirement of Mr. Amitha Lal Gooneratne as Director

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: LK₨5.91 (vs LK₨0.70 in 1Q 2022)

Investor sentiment improved over the past week

Melstacorp PLC, Annual General Meeting, Sep 29, 2022

Full year 2022 earnings released: EPS: LK₨9.34 (vs LK₨4.23 in FY 2021)

Insufficient new directors

Investor sentiment deteriorated over the past week

Upcoming dividend of LK₨2.70 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released

Upcoming dividend of LK₨2.70 per share

First quarter 2022 earnings released

Chairman recently bought LK₨730m worth of stock

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released

Investor sentiment deteriorated over the past week

New 90-day high: LK₨65.90

Investor sentiment improved over the past week

New 90-day high: LK₨53.90

Investor sentiment improved over the past week

New 90-day high: LK₨47.60

Market bids up stock over the past week

New 90-day high: LK₨35.50

Second quarter 2021 earnings released: EPS LK₨1.57

First quarter earnings released

New 90-day high - LK₨32.00

Full year earnings released - EPS LK₨3.43

CEO

Tenure

Board Members

Average Tenure

Average Age