Mercantile Shipping Company PLC

Mercantile Shipping Company PLC is a Colombo Stock Exchange–listed company in the Services sector with an activity line described as ship owning, operating and connected forwarding activities. The company's reporting notes that vessel operations have been classified as discontinued operations. For management and reporting purposes the Group is organized into a single operating segment that generates rent income from investment property. The annual report states there are no other significant components within the Group other than this rental business. Management reviews the operating segment’s results to make decisions about resource allocation and performance assessment; financial and segmental disclosures in the report focus on the Group’s rental income from investment property.