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In 2020, Singer (Sri Lanka) emerged as the market-leading seller for Dell laptops in Sri Lanka. [9] Due to the COVID-19 pandemic , increased incidences of remote work and distance education arrangements, the demand for consumer electronics rose and the company posted LKR16.7 billion in sales in the second quarter of 2020. [ 10 ]
The first Singer Mega store opened in 1998, and the company launched its pioneering e-commerce website in 2001, a first for a consumer durable company in Sri Lanka. Singer Finance was incorporated in 2004 and began accepting public deposits in 2005, followed by the introduction of new financial services in 2008.
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.
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
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]
Sri Lanka Insurance: Financials Full line insurance Colombo: 1961 Insurance S A Sri Lanka Ports Authority: Industrials Marine transportation Colombo: 1979 Marine shipping S A Sri Lanka Railways: Industrials Railroads Colombo: 1858 Railroads S A Sri Lanka Rupavahini Corporation: Consumer services Broadcasting & entertainment Colombo: 1982 ...
The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
The company was Sri Lanka's top stock broker in terms of market share in 1993 and 1994 and responsible for several landmark corporate finance transactions. [ 3 ] [ 4 ] Thilan was a key initiator in successfully launching the Regent Sri Lanka Fund in 1993, the first ever country fund dedicated to Sri Lankan equities.
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