Alumex

Alumex PLC is an aluminium extrusions manufacturing company in Sri Lanka. The company was incorporated as a South Korean-Sri Lankan joint venture in 1986. The company commenced commercial operations two years later. The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired Alumex in 2010 and was listed on the Colombo Stock Exchange after an initial public offering in 2014. Alumex is the leading aluminium manufacturer in Sri Lanka, with a market share of 46%. Alumex is one of the LMD 100 companies in Sri Lanka.

Alumex PLC
Company typePublic
Traded as
CSE: ALUM.N0000
ISINLK0427N00001
IndustryMaterials
Founded1986 (1986)
Headquarters
Makola
,
Sri Lanka
Key people
  • A. M. Pandithage (Chairman)
  • Pramuk Dediwela (Managing Director)
Revenue LKR10,215 million (2023)
LKR(1,790) million (2023)
Net income
LKR(10) million (2023)
Total assets LKR10,518 million (2023)
Total equity LKR3,608 million (2023)
Owners
  • Hayleys (52.59%)
  • Akbar Brothers (13.39%)
Number of employees
735 (2023)
ParentHaleys
SubsidiariesAlco Industries (Pvt) Ltd (merged with the parent in 2023)
Websitewww.alumexgroup.com
Footnotes / references
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