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SMAK is a popular and one of the largest beverage, natural fruit juice, fruit preserves, snack and dairy products brand in Sri Lanka. The brand is owned by Country Style Foods Private Limited and was established in 1981. The company holds over 70% market share in non-carbonated beverages category in Sri Lanka. [1] [2] [3] [4]
Rank Name Financial statistics in millions LKR Industry Revenue Profit Assets Market Cap. 1 Hayleys PLC: 241,276 14,046 279,383 45,600 Conglomerate
Keells is a Sri Lankan supermarket chain operated by Jaykay Marketing Services (Pvt) Ltd., a subsidiary of the John Keells Group. [1] Established in 1991, [1] [2] Keells has grown to operate 135 outlets across the country, positioning itself as one of the leading retail chains in Sri Lanka alongside other retailers such as Cargills, Glomark, Spar, and Arpico.
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In 2008, Renuka Holdings was listed on the Colombo Stock Exchange. [5] Renuka Group acquired a stake of 76% in Richlife Dairies for LKR505 million in 2012. [6] At the end of 2012, Renuka Holdings became one of the two companies in Sri Lanka to be included in Forbes Asia's "Best Under a Billion". [7]
In 2020, Lanka Milk Foods planned to commission a new dairy farm at a cost of LKR3 billion. The plant was planned to be operated under a new subsidiary, United Dairies Lanka (Pvt) Ltd. The farm planned to accommodate 2,000 cows and double the yoghurt production capacity. In 2020, 40% of the demand for milk in Sri Lanka was fulfilled by fresh milk.
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Ceylon Cold Stores was established in 1866 as the Colombo Ice Company, which in 1863 imported the country's first ice-making machine. With an initial capital of £1,600, two steam engines of 8 and 9 horsepower, and a total of 22 employees, the company started producing ice on a commercial scale. [ 3 ]