A Limited Liability Company incorporated in Sri Lanka under the Companies Act No : 17 of 198

Mr. Sarath Kumara De Silva - Chairman
Mr. Ujith Anurada - Managing Director

Over the years the organization has undergone serveral changes which are summarized below :

The entire share capital of this new Company (Rs. 40,000,000/-) has been allotted to the Secretary to the Treasury.

Initially the activities of the Company were limited to the manufacture and repair of boats at the
Karainagar Boat Yard. Over the years the Company expanded its activities. The Head Office,
situated in Colombo is responsible for administration and co-ordination of the activities at other locations.

To be the leader in marketing high quality fishing vessels, various types of fishing gear and other allied products in Sri Lanka and to become the foremost exporter of such products.

To reach excellence as a provider of goods and services required by the fishing industry, to maintain quality and customer care and employee satisfaction and to achieve the desired levels of productivity and commercial viability.

To be an effective contributor to the development of the fishing industry by supplying high quality products such as fishing vessels and fishing gear

To equip the factories, the boat yards and the workshops with the required capital equipment and facilities and the trained work force needed to achieve optimum levels of productivity

To aggressively promote the products of the Company to gain a substantial share of the market