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Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
The Swadeshi Industrial Works PLC is a personal care products manufacturing company in Sri Lanka. The company became the first local soap manufacturing company when the company was incorporated in 1941. Swadeshi is a listed company on the Colombo Stock Exchange. Brand Finance calculated Swadeshi Industrial Works' brand value to be LKR543 ...
Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. It is considered to be the leading apparel manufacturing firm in the country. [citation needed] [7] [8] The company has branches in the United States of America, United Kingdom, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Islands.
Website. www.ceylonsteel.com. Ceylon Steel Corporation is one of the three industrial projects along with Ceylon Tyre Corporation and Ceylon Sugar Corporation, which were established in Sri Lanka by the support of Soviet Union during the Cold War era. After winning the 1960 parliamentary election, [1] Sirimavo Bandaranayake continued with the ...
Ceylon Tobacco Company. Ceylon Tobacco Company PLC (CTC) is a Sri Lankan tobacco company engaged in the manufacture, marketing and export of cigarettes. [2] It is a subsidiary of British American Tobacco. [3][4] CTC holds the monopoly of cigarette and tobacco sales in Sri Lanka. British Tobacco started selling cigarettes in 1904-1911.
Hayleys is a Sri Lankan diversified conglomerate headquartered in Colombo, Sri Lanka. Its main offices are located in and around the premises; however other manufacturing, agricultural, marketing, and production bases are geographically spread around the country and throughout five different continents. Hayleys PLC has a National Long-Term ...
The company carries out manufacturing operations in Sri Lanka as well as in India. Despite the lockdowns due to the COVID-19 pandemic in Sri Lanka and India, Teejay Lanka was able to post a net profit of LKR 2.4 billion in the fiscal year of 2019/20 which is an improvement of 28 percent over the last year. [3]
Alumex PLC is an aluminium extrusions manufacturing company in Sri Lanka. The company was incorporated as a South Korean-Sri Lankan joint venture in 1986. The company commenced commercial operations two years later. The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired ...