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	1.8yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO

Mellawatantrige Anton Niroshan Perera

1.8yrs

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...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mellawatantrige Anton Niroshan Perera	MD & Director	1.8yrs	no data	no data
Cedric Jansz	Executive Deputy Chairman	1.2yrs	no data	no data
Prasanna Pinto	Group Financial Controller	no data	no data	no data
Prasanna Karunanayake	Group Chief Information Officer	no data	no data	no data
Dampath Fernando	Director of Operations - Plantations and Group GM of HR & Admin	no data	no data	no data
Nuwanthi Goonawardena	Head of Legal	no data	no data	no data
L. U. Fernando	Executive Director	1.8yrs	no data	0.028% LKR 33.5m
Anjana Weerasinghe	Group Chief Internal Auditor	no data	no data	no data
Mahinda Dissanayake	Deputy Chairman & MD of Aitken Spence PLC	no data	no data	no data
K. Iraivan	Director & CEO of Melsta Health (Pvt) Limited and Melsta Hospitals Ragama (Pvt) Ltd.	no data	no data	no data
Thalpawila Kankanamage Don Aruna Samarasinghe	Managing Director of Lanka Bell Ltd & Bellvantage (Pvt) Ltd.	no data	no data	no data
Palitha Rodrigo	Managing Director of Melsta Technologies (Pvt) Ltd.	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Management: MELS.N0000's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mellawatantrige Anton Niroshan Perera	MD & Director	1.8yrs	no data	no data
Cedric Jansz	Executive Deputy Chairman	1.2yrs	no data	no data
L. U. Fernando	Executive Director	2.2yrs	no data	0.028% LKR 33.5m
Ravindra Fernando	Independent Non-Executive Director	less than a year	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	2.2yrs	no data	0.0033% LKR 4.0m
Don Hasitha Jayawardena	Non-Independent Non-Executive Director	no data	no data	1.76% LKR 2.1b
Mohamed Mihular	Independent Non-Executive Director	1.6yrs	no data	no data

1.7yrs

Average Tenure

70yo

Average Age

Experienced Board: MELS.N0000's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Melstacorp Management

Management criteria checks 0/4

Key information

Recent management updates

Melstacorp PLC, Annual General Meeting, Sep 19, 2024

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

Recent updates

First quarter 2025 earnings released: EPS: LK₨3.20 (vs LK₨1.92 in 1Q 2024)

Melstacorp PLC, Annual General Meeting, Sep 19, 2024

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

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age