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The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired Alumex in 2010 and was listed on the Colombo Stock Exchange after an initial public offering in 2014. Alumex is the leading aluminium manufacturer in Sri Lanka, with a market share of 46%.
This is a list of countries by primary aluminium production in 2023. [1] Primary aluminium is produced from aluminium oxide which is obtained from bauxite and excludes recycled aluminium. Only countries with a minimum production of 100,000 tonnes are listed.
Swisstek Aluminium moved to increase its production capacity of 450mt to 1,000mt per month in 2017. The demand for aluminium stood at 2,500mt per month then. [8] Swisstek secured a US$4.5 million timber flooring contract from the Cinnamon Life Colombo project in 2019. The contract is the largest timber flooring deal awarded in Sri Lanka.
Location of Sri Lanka. 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.
Below is a list of the largest aluminum-producing companies by output (in 1,000,000 metric tons), accurate as of 2022 according to Statista. [1] No. Company
St. Anthony's Group (St. Anthony's) is a Sri Lankan conglomerate company headquartered in Colombo, Sri Lanka. St. Anthony's Group owns businesses across Sri Lanka engaged in hardware, textiles, cement, roofing, media, construction, hospitality, farms, manufacturing, retail, solar and hydropower.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
LMD 100 ranks listed companies in Sri Lanka by revenue annually. [10] Amari Wijewardene is the company's chairperson and a member of the Wijewardene family . Wijewardene's appointment as the Sri Lankan High Commissioner to the United Kingdom in 2016 by her cousin, then prime minister Ranil Wickremesinghe was criticised as nepotism. [ 11 ]