SRI LANKA - THE PRIDE OF CENTRAL HILLS -THE KANDY HOTELS COMPANY

Knady Hotels Company (1938) -KHC is the owners of two of most historic hotels in our country located in Central Hills - Kandy.

* Queens Hotel - Kandy

* Hotel Suisse - Kandy


The holding company of  KHC is the Ceylon Hotels Corporation,which owns 76.54 % of the issued shares capital of the company.

                  Queens hotel - kandy



QUEENS HOTEL -

The Queen’s Hotel is considered today as a historic building to be conserved and held for all time as a part of the history of Sri Lanka’s Central Province.

                                                                                                           Hotel Suisse - Kandy
The Queen’s was originally a Governors Mansion with a small structure of buildings constructed to house troops.


Today the Queen's Hotel which is one of Kandy's prime properties set on an extent of 217.5 perches of land is one of the finest and grandest architectural buildings of its kind in Kandy.

It has 28 A/C rooms and 26 non A/C rooms.

What's significant about Queen's Hotel is, its location both in the city and in Splendid surroundings alongside the Kandy Lake, and the world renowned "Temple of the Tooth Relic of the Lord Buddha".
This hotel provides the best location to view the world famous Kandy Esala  Perahera pagent.

SRI LANKA - WATAWALA PLANTATIONS LEADING THE WAY

Watawala plantations one of Sri lanka's top plantation company reported an impressive nine months profits as at 31/12/2009, despite the 40% wage hike over the period.

High tea prices, Rubber prices & High Palm oil prices in the world market contributed for the improved bottom line of the company.

The company is in a position to continue with the profitability in future as well through out diversification strategy, encompassing multiple crops, value addition,brand building etc.

The net assets per share as at 31/12/2009 reported Rs 77.90 as against Rs 67.74 reported for the same period in 2008.

Watawala share traded at Rs 120, its peak level in its history  at Colombo Stock Exchange on 29/01/2010.

We strongly believe that these type of improved profits can  expect from the other plantation companies as well in future.