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Damro is a Sri Lankan furniture and washing machine manufacturer that designs and sells diverse range of modern and traditional furniture. [1] Damro is regarded as the largest furniture manufacturer in South Asia and it is also regarded as one of the world's largest furniture manufacturers. [2] It is also hailed as a popular lifestyle brand.
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. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
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Singer (Sri Lanka) PLC is a Sri Lankan holding company engaged in retailing and wholesale marketing home appliances and furniture. [2] The company is also taking part in financial services and manufacturing businesses. [ 3 ]
LMD 100 is an annual list of public companies in Sri Lanka by revenue compiled by the business magazine LMD. [11] Dankotuwa Porcelain was ranked among the 100 most valuable brands in Sri Lanka by Brand Finance in 2018. Brand Finance estimated the brand value of Dankotuwa Porcelain to be LKR153 million. [12]
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