Maskeliya Plantations PLC Stock

Maskeliya Plantations PLC is a Sri Lanka-based company that is engaged in the cultivation, manufacturing and sale of black tea and planting of timber. The Company has also commenced planting rubber, cinnamon and pears. Its geographical segments include Maskeliya, Upcot, Talawakelle and Bandarawela. The Company manages and operates approximately 18 estates with a total extent of land 10,561 hectares (ha) of which 5,348 ha has been cultivated with tea. The Company has five estates each in Upcot and Maskeliya zones, four in Talawakelle zone and four estates in Uva tea sector in Bandarawela zone. It has approximately 14 factories in operation manufacturing black tea with rotor vane and Leafy manufacturing methods. The Company's estates include Brunswick, Glentilt, Glenugie, Mocha, Strathspey, Brownlow, Hapugastenne, Laxapana, Moray, Mousakelle, Ferham, St. Clair, Talawakelle, Troup, Ampittiakande, Craig Leangahawella and Poonagalla.