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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%.
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.
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
The single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [32] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
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]
Architectural Glass and Aluminum (AGA) is a specialty glazing contractor located in the United States. Architectural Glass & Aluminum provides engineering, design, fabrication, installation, and assembly services for custom glazing systems, such as Curtain Wall , Storefront, Punched Openings, and Window Wall.
ICRA Lanka adjudged the issue as an A Credit Enhancement rating with a stable outlook. [9] The company was awarded the silver award in the trading companies category at the 54th Annual Report Awards in 2018. The awards ceremony is organised by the Institute of Chartered Accountants of Sri Lanka and the ceremony was held at Shangri-La Colombo. [10]
DIMO had to reduce margins to absorb the sharp depreciation of the Sri Lankan Rupee in 2018. [7] In 2019, the company's conglomerate brand value was LKR7,730 million and ranked 15th amongst conglomerates in Sri Lanka. [8] DIMO was adjudged as the overall winner in the sixth Excellence in Integrated Reporting Awards in 2020 organized by the CMA ...