Eastern Merchants Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Channa Sumane de Silva

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	9.3yrs
CEO ownership	13.0%
Management average tenure	no data
Board average tenure	12.3yrs

Recent management updates

Recent updates

CEO

Channa Sumane de Silva

9.3yrs

Tenure

Mr. Channa Sumane Llewellyn de Silva B.Econ., M.Com, has been Managing Director of Spice Lane (PVT) Limited and Eamel Exports Ltd., since January 1, 2015. Mr. de Silva has been Managing Director of Eastern...

Board Members

Name	Position	Tenure	Compensation	Ownership
J. B. de Silva	Executive Chairman	41.3yrs	no data	29.39% LKR 259.5m
Channa Sumane de Silva	MD & Director	12.3yrs	no data	13.04% LKR 115.2m
H. de Silva	Executive Deputy Chairman	9.3yrs	no data	14.21% LKR 125.5m
Srinath Jayakody	Director of Finance	25.3yrs	no data	0.0054% LKR 47.4k
Fazal Mushin	Non-Executive Independent Director	no data	no data	no data
Rohith Pradeep	Non-Executive Independent Director	no data	no data	no data
Nishoka Nanayakkara	Non-Executive Independent Director	5.6yrs	no data	no data

12.3yrs

Average Tenure

Experienced Board: EMER.N0000's board of directors are seasoned and experienced ( 12.3 years average tenure).

Eastern Merchants Management

Management criteria checks 1/4

Key information

Recent management updates

Eastern Merchants PLC, Annual General Meeting, Sep 27, 2023

Less than half of directors are independent

Eastern Merchants PLC, Annual General Meeting, Sep 30, 2022

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: LK₨0.003 (vs LK₨0.09 in 3Q 2023)

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: LK₨0.33 (vs LK₨0.58 in 2Q 2023)

Eastern Merchants PLC, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: LK₨0.26 loss per share (vs LK₨0.91 profit in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: LK₨1.06 (vs LK₨5.59 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨0.09 (vs LK₨1.08 in 3Q 2022)

Less than half of directors are independent

Upcoming dividend of LK₨0.15 per share

Eastern Merchants PLC, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: EPS: LK₨0.87 (vs LK₨0.039 in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨6.61 (vs LK₨0.074 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

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

Second quarter 2022 earnings released

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS LK₨0.04 (vs LK₨0.088 in 1Q 2021)

Investor sentiment improved over the past week

New 90-day low: LK₨5.70

Third quarter 2021 earnings released: EPS LK₨0.081 (vs LK₨0.08 in 3Q 2020)

New 90-day low: LK₨6.90

Second quarter 2021 earnings released: EPS LK₨0.27

New 90-day high: LK₨7.40

First quarter earnings released

New 90-day high - LK₨5.50

CEO

Tenure

Board Members

Average Tenure