BREAKING NEWS
Cloud Server Hosting For Online Businesses
Inexpensive SEO Services
Benefits of Wanting to play Free Online Slot machines
List of companies of Sri Lanka

Summary

Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives. According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.

Location of Sri Lanka

As of 2010, the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%.[1] The private sector accounts for 85% of the economy.[2] India is Sri Lanka's largest trading partner.[3] Economic disparities exist between the provinces, with the Western province contributing 45.1% of the GDP and the Southern province and the Central province contributing 10.7% and 10%, respectively.[4]

Largest firms edit

LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 20 companies are listed below. All revenue figures reported before the financial year ending 2022.[5]

2021/22
Rank		 2020/21
Rank		 Company Revenue 2021/22
Rs (mns)		 Revenue 2020/21
Rs (mns)
1 2 Expolanka Holdings 694,157 218,735
2 1 Hayleys 338,010 241,276
3 3 LOLC Holdings 224,100 160,482
4 6 John Keells Holdings 218,075 127,676
5 8 Carson Cumberbatch 170,695 114,836
6 9 Bukit Darah 170,656 114,808
7 4 Commercial Bank of Ceylon 163,675 151,966
8 7 Dialog Axiata 141,915 120,142
9 10 C T Holdings 136,873 112,941
10 11 Cargills (Ceylon) 136,692 112,607
11 5 Hatton National Bank 135,710 134,436
12 12 Sampath Bank 113,075 109,208
13 15 Melstacorp 106,071 77,682
14 13 Sri Lanka Telecom 102,348 91,119
15 14 Vallibel One 96,859 81,035
16 18 Lanka IOC 89,951 66,686
17 16 Ceylon Cold Stores 84,543 68,766
18 19 Hemas Holdings 78,831 64,501
19 17 Singer (Sri Lanka) 76,848 67,412
20 22 Richard Pieris & Company 67,668 56,725

Notable firms edit

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organisations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Aitken Spence Conglomerates - Colombo 1868 Hotels, logistics, energy
Associated Newspapers of Ceylon Limited Consumer services Publishing Colombo 1926 Publishing
Bank of Ceylon Financials Banks Colombo 1939 State commercial bank
Barefoot Consumer goods Clothing & accessories Colombo 1958 Clothing & accessories, furnishings
Airtel Sri Lanka Telecommunications Mobile telecommunications Colombo 2009 Mobile network, part of Bharti Airtel (India)
CameraLK Electronic items Electronics Colombo 2010 camera, electronic devices
Cargills Conglomerates - Colombo 1844 Consumer goods, retail, financials
Ceylinco Consolidated Conglomerates - Colombo 1938 Financials, technology, health care, travel & leisure
Ceylon Biscuits Limited Consumer goods Food products Colombo 1939 Food manufacturer and confectionary
Ceylon Cold Stores Consumer goods Food products Colombo 1866 Food products
Ceylon Electricity Board Utilities Conventional electricity Colombo 1969 State electrical distribution and generation
Ceylon Petroleum Corporation Oil & gas Exploration & production Colombo 1962 Petrochemical refining and sales
Ceylon Tobacco Company Consumer goods Tobacco Colombo 1932 Tobacco products
Cinnamon Air Consumer services Airlines Colombo 2012 Domestic airline
Colombo Dockyard Industrials Commercial vehicles & trucks Colombo 1974 Ship building
Commercial Bank of Ceylon Financials Banks Colombo 1920 Commercial bank
Country Style Foods Consumer goods Food products Colombo 1981 Beverage and dairy
Daintee Consumer goods Food products Colombo 1984 Confectionery, food products
Damro Consumer goods Furniture, Homeware Manufacturer Colombo 1986 Furniture, Plantations, Electronic appliances
DFCC Bank Financials Banks Colombo 1955 Development bank
Dialog Axiata Telecommunications Mobile telecommunications Colombo 1993 Mobile networks, broadband, part of Axiata Group (Malaysia)
Dialog Broadband Networks Telecommunications Fixed line telecommunications Colombo 2005 Broadband
Dialog TV Consumer services Broadcasting & entertainment Colombo 2005 Broadcasting, part of Axiata Group (Malaysia)
Dilmah Consumer goods Soft drinks Colombo 1988 Tea, beverages
Distilleries Company of Sri Lanka Consumer goods Distillers & vintners Colombo 1913 Distilleries and other non-alcoholic goods
Durdans Hospital Health care Health care providers Colombo 1945 Hospital
Etisalat Telecommunications Mobile telecommunications Colombo 1989 Mobile network, part of Etisalat (UAE)
Expolanka Holdings Conglomerates - Colombo 1978 Logistics, travel & leisure, manufacturing
ExpoRail Consumer services Travel & tourism Colombo 2011 Commuter railroads, part of Expolanka Holdings
FitsAir Consumer services Airlines Colombo 1997 Scheduled airline
Gateway Group Consumer services Specialised consumer services Colombo 1986 Education
George Steuart Group Conglomerates - Colombo 1835 Food & beverages, health care, travel & leisure
Hatton National Bank Financials Banks Colombo 1888 Private bank
Hayleys Conglomerates - Colombo 1878 Industrials, consumer goods, travel & leisure
Hemas Holdings Conglomerates - Colombo 1948 Health care, transportation, consumer goods
Hemas Hospitals Health care Health care providers Colombo 2008 Hospital chain
Hutch Telecommunications Mobile telecommunications Colombo 1991 Mobile network, part of Hutchison Asia Telecom Group (Hong Kong)
Independent Television Network Consumer services Broadcasting & entertainment Colombo 1979 Broadcasting
Island Tea Consumer goods Soft drinks Philippines 2017 Tea, beverages
JAT Holdings Conglomerate - Colombo 1993[6] Paints and related products, Furnishing, Real estate, Exports
Jetwing Hotels Consumer services Hotels Colombo 1973[7] Hotel chain
John Keells IT Technology Software Colombo 1998 IT services, part of John Keells Holdings
John Keells Holdings Conglomerates - Colombo 1870 Transportation, logistics, retail, financials
Lanka Bell Telecommunications Mobile telecommunications Colombo 1997 Mobile network, part of Melstacorp
Lanka Hospitals Health care Health care providers Colombo 2002 Hospital
LAUGFS Holdings Conglomerates - Colombo[8] 1995 Oil & gas, real estate, industrials
Leader Publications Consumer services Publishing Colombo 1994 Publishing
Maliban Biscuit Manufactories Limited Consumer goods Food products Colombo 1954 Food products
MAS Holdings Conglomerates - Colombo 1986[9] Fabrics, clothing, financial services
MBC Networks Consumer services Broadcasting & entertainment Colombo 1993 Broadcasting, part of Capital Maharaja
Melstacorp Conglomerates - Colombo 1998[10] Food & beverage, logistics, energy, technology
Micro Cars Consumer goods Automobiles Colombo 1995 Motor vehicle manufacturer
Mihin Lanka Consumer services Airlines Colombo 2006 Airline, defunct 2016
MillenniumIT ESP Technology Software Colombo 1996 IT
Mobitel Telecommunications Mobile telecommunications Colombo 1993 Mobile network, part of Sri Lanka Telecom
MTV Channel Consumer services Broadcasting & entertainment Colombo 1992 Broadcasting, part of Capital Maharaja
National Savings Bank Financials Banks Colombo 1971 State savings bank
Nations Trust Bank Financials Banks Colombo 1999 Bank
Nawaloka Hospital Health care Health care providers Colombo 1985 Hospital
Neville Fernando Teaching Hospital Health care Health care providers Colombo 2013 Hospital
Pan Asia Bank Financials Banks Colombo 1995 Bank
Pelwatte Sugar Industries Consumer goods Food products Buttala 1981 Sugar
People's Bank Financials Banks Colombo 1961 Commercial bank
Rainco Consumer goods Personal products Dehiwala-Mount Lavinia 1977 Personal goods
Richard Pieris & Company Conglomerates - Colombo 1940 Manufacturing, Engineering, Retail and Plantation
Sampath Bank Financials Banks Colombo 1986 Commercial bank
Sarasavi Bookshop Consumer services Specialty retailers Colombo 1973 Book store chain
Seylan Bank Financials Banks Colombo 1987 Commercial bank
Simplifly Consumer services Airlines Colombo 2004 Charter airline
Softlogic Holdings Conglomerates - Colombo 1991 I/T, health care, retail, financials
Sri Lanka Broadcasting Corporation Consumer services Broadcasting & entertainment Colombo 1925 Broadcasting
Sri Lanka Insurance Financials Full line insurance Colombo 1961 Insurance
Sri Lanka Ports Authority Industrials Marine transportation Colombo 1979 Marine shipping
Sri Lanka Railways Industrials Railroads Colombo 1858 Railroads
Sri Lanka Rupavahini Corporation Consumer services Broadcasting & entertainment Colombo 1982 Broadcasting
Sri Lanka Telecom Telecommunications Fixed line telecommunications Colombo 1991 Telecom, ISP
Sri Lanka Transport Board Industrials Delivery services Colombo 1958 Transportation services
SriLankan Airlines Consumer services Airlines Colombo 1979 Flag airline
SupremeSAT Industrials Aerospace Colombo 2011 Satellite operator
Upali Newspapers Consumer services Publishing Colombo 1981 Publishing
Vesess Technology Software Colombo 2004 IT
MTD Walkers PLC Conglomerates Engineering Colombo 1854 General Engineering
Wijeya Newspapers Consumer services Publishing Colombo 1979 Publishing
WSO2 Technology Software Colombo 2004 IT


See also edit

References edit

  1. ^ "Annual Report 2010" (PDF). Ministry of Finance – Sri Lanka. 2011. Archived from the original (PDF) on 1 December 2011. Retrieved 15 July 2014.
  2. ^ "Country Partnership Strategy" (PDF). Asian Development Bank. 2008. p. 1. Archived from the original (PDF) on 15 November 2013. Retrieved 15 July 2014.
  3. ^ "65th Independence Day of India celebrates in Sri Lanka". InfoLanaka. 2011. Retrieved 15 July 2014.
  4. ^ "Western Province share of national GDP falling: CB". Sunday Times. 17 July 2011.
  5. ^ "Financial Profile". LMD 100. Media Services Pvt Ltd. Retrieved 27 January 2023.
  6. ^ "JAT Holdings celebrates 25 years of transforming spaces | Sunday times". Sundaytimesr.lk. 2018-12-09. Retrieved 2018-12-09.
  7. ^ "Jetwing enriches cultural triangle with new 5 star hotel | Sunday Observer". Sundayobserver.lk. 2017-07-02. Retrieved 2018-02-24.
  8. ^ "LAUGFS Holdings Limited: Private Company Information". Bloomberg. 2018-01-30. Retrieved 2018-02-24.
  9. ^ "MAS Holdings Limited: Private Company Information". Bloomberg. 2017-12-11. Retrieved 2018-02-24.
  10. ^ "Melstacorp PLC: Private Company Information". Bloomberg. Retrieved 2018-02-24.

By using this platform, you agree to the Terms of Use ©2020 Knowpia