Tess Agro PLC
TESS.N0000Consumer & Retail · Food: Meat/Fish/Dairy
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2023 | Rs 11.6M | Rs -6.9M | -0.01 |
| 2022 | Rs 2.5M | Rs 6.8M | 0.02 |
| 2021 | Rs 5.0M | Rs -40.9M | -0.10 |
| 2020 | Rs 6.3M | Rs -61.4M | -0.14 |
| 2019 | Rs 189.5M | Rs -74.8M | -0.19 |
| 2018 | Rs 310.6M | Rs -49.9M | -0.16 |
| 2017 | Rs 333.5M | Rs -62.4M | -0.20 |
Recent dividends
No dividend records.
About Tess Agro PLC
Tess Agro PLC operates cold chain, seafood processing and related businesses in Sri Lanka and maintains a branch in Belgium to support EU distribution. The company provides cold chain facilities for perishables and is engaged in the export of marine products (and, as noted in its activity line, fruits and vegetables). The group operates an EU‑licensed fish processing hub and states its facilities comply with EU and US food safety regulations; its processing and export focus includes yellowfin tuna, swordfish and reef fish supplied to markets such as the European Union, the United States and Japan. Tess Belgium imports and supplies seafood within the EU to end users including restaurants, supermarkets and hotels. Tess Agro also manufactures tin cans under the Agro Tin Tech project at a Peliyagoda, Kelaniya production facility and provides construction and warehousing services, including leased warehouses and multiple coldchain and storage locations in Sri Lanka. The company lists its head office and manufacturing plant at 87, New Nuge Road, Kelaniya.
AI analysis
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Generate an analysis →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 0 positive, 0 negative, 2 neutral.
Tess Agro PLC commissioned a 380 kWp rooftop Solar PV project at its Kerawalapitiya warehouse, connected to the national grid on 15 Jan 2026 after a Rs. 60 million investment. The installation raises the company's total Solar PV capacity to 460 kWp and aims to cut energy costs and emissions.
Tess Agro PLC's board resolved to issue 2.5 million unsecured debentures at Rs.100 each to raise Rs.250m (6% p.a., five-year tenure) and 100 million warrants exercisable at Rs.2.20 per share. Proceeds will be used to repay borrowings and fund working capital and capex; warrants could raise up to Rs.220m if exercised, subject to shareholder and CSE approvals.
Consumer & Retail sector: what is happening
Last 30 days to Aug 4, 2026Consumer retail saw tighter standards and capacity moves. The Consumer Affairs Authority made SLS certification mandatory for all single-use sanitary towels from 8 October 2026, with import inspections. Pelwatte broke ground on a liquid milk plant in Kurunegala to expand fresh dairy. Exporters to the EU were briefed on EmpCo, PPWR and EUDR rules carrying penalties up to €2m or 4% of turnover. Indian SMEs held B2B sessions locally.
The stories behind it
Auto-generated from 9 sector news articles over 30 days. Not investment advice. 1 more story on the sentiment page.