COMD.N0000 fundamentals

Commercial Development Co. Plc engages in the business of property development and related ancillary services. It operates through the following segments: Rent Income on Premises, Outsourcing Services, Vehicle Hiring Income, and Other Utility Services. The Rent Income on Premises segment deals with property development and letting of investment property. The Outsourcing Services segment provides manpower needs for various support services which are unrelated to providing core banking services to the Customers of Commercial Bank of Ceylon PLC. The Vehicle Hiring Income segment focuses on Hiring of motor vehicles to the Commercial Bank of Ceylon PLC. The Other Utility Services segment offers janitorial services, air conditioning services, and other premises related maintenance services to the Commercial Bank of Ceylon PLC. The company was founded on March 14, 1980 and is headquartered in Colombo, Sri Lanka.