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LAUGFS Gas was ranked 33rd in LMD 100, an annual list of listed companies in Sri Lanka by revenue in the financial year of 2020/21. [7] Brand Finance ranked LAUGFS Gas as the 70th most valuable brand in Sri Lanka for 2022 with a brand value of LKR816 million. [8] The company controls 20% of the LPG market share in Sri Lanka. [9]
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]
Indian Oil Corporation, will invest Rs. 10 billion (US$62 million for the first phase, US$38 million would be invested in the second phase) in Sri Lanka and will operate 100 fuel stations which it has purchased from the Ceylon Petroleum Corporation [5] In 2003, Sri Lankan Government give to 15 Trincomalee oil tanks, on a 35 years lease for an ...
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 ...
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
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 ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]