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 Logo since 2019 | |
| Type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1995 |
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Area served | |
Key people | |
| Products | |
| Brands |
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| Website | laugfs |
LAUGFS Holdings Limited is a diversified conglomerate from Sri Lanka and has since expanded overseas. Laugfs Holdings is mainly engaged in Energy, retail, Industrial and manufacturing, Hospitality, Real estate, logistics, pharmaceuticals and several other sectors. [1] [2] [3]
LAUGFS Gas PLC (CSE : LGL.N0000 ) is a publicly listed company engaged in downstream activities and Liquid Petroleum Gas (LPG) related activities. Created in 2001 when the Sri Lankan government liberalized the LPG industry it soon expanded and was listed in the Colombo Stock Exchange in 2010. [4] [5]
LAUGFS Power is engaged in power generation from renewable sources such as Solar and Hydro. [4] [6]
LAUGFS Petroleum (Pvt) Limited was incorporated in 2004 as a fully owned subsidiary of LAUGFS Holdings as the petroleum industries were liberalized. LAUGFS Petroleum has a network of filling stations in Sri Lanka serving over 30,000 customers a day. [4] [7]
LAUGFS Lubricants Limited is a fully owned subsidiary of LAUGFS Holdings to produce automobile and industrial lubricant and oil products. In 2008 it launched the LAUGFS Oil brand and in 2016 a Tribology Park was created in Nittambuwa for Research and Development of new products [8] [9] [4]
LAUGFS Gas Bangladesh was created in 2015 after LAUGFS Gas acquired a controlling stake in Petredec Elpiji in Bangladesh and was fully consolidated in 2016. It has an LPG import, bottling and distribution facility in Mongla Port with a storage capacity of 1800MT which is being expanded to 2200MT and satellite filling stations in different parts of Bangladesh are being built. LAUGFS Gas hopes to invest around $120 million in Bangladesh during the first four years and since LAUGFS gas's entry into the Bangladesh market freight charge for LPG has been reduced from 170-200 USD per tonne to 110-100 USD per tonne. [10] [4] [11] [12] [13]
SLOGAL Energy DMCC was created in 2016 SLOGAL Energy DMCC is a fully-owned subsidiary headquartered in Dubai. It was created to further strengthen LAUGFS's global energy presence and expand to the middle eastern markets. While primarily focused on energy trading, SLOGAL also offers a broad portfolio of maritime services including acquiring, managing, operating and chartering of LPG vessels. [14] [4]
Gas Auto Lanka was created in 1995 to convert vehicles to Auto gas and run auto gas stations in Sri Lanka [15] [16] [4]
LAUGFS Supermarket was created in February 2001 as a 24-hour supermarket chain of LAUGFS and the first supermarket chain to introduce the 24-hour concept to Sri Lanka. Some supermarkets of the chain have facilities such as bakeries, pharmacies, E-channeling services, utility bill payment facilities, free Wi-Fi and ATM facilities. [17] [18] [19] [20] It is also a part of the Sri Lanka Retailers' Association (SLRA). [21]
SunUp Ceylon Tea (Pvt) Ltd was established in 2010 to expand the presence in consumer retailing for SunUp tea brand which comes in Strong, Black, Kahata and Green Tea varieties. [17] [22]
LAUGFS Beverages entered the beverages industry in 2003, marketing bottled drinking water with a range of SKUs from 500ml to 19L. It continues to expand with a growing network of distributors and a modern bottling plant with a capacity of 35,000 bottles a day. [23] [17]
LAUGFS Restaurants (Pvt) Ltd owns and operates the JADE chain of Chinese restaurants in Sri Lanka opened in 2006. It provides dine-in, take-away and in limited areas a door-to-door delivery service. [24] [25] [17]
Established in 2014, LAUGFS International is the trading arm of LAUGFS Holdings. It is the authorised agent in Sri Lanka for Yamaha Motors, for their Power Products, and for AIRMAN products. [26] [17]
Lfinity (Pvt) Limited is LAUGFS's online retail arm, operating a range of e-commerce sites such as clicknshop.lk a virtual shopping mall and grocerypal.lk an online grocery store. Delivery services are free of charge within Colombo. [27] [17]
LAUGFS Engineering (Pvt) Ltd engages in steel fabrication operating a manufacturing facility, building construction, designing and erecting steel structures including pre-fabricated steel buildings as well as the designing and manufacturing of high capacity pressure vessels such as LP gas storage tanks. [28] [29]
LAUGFS Salt and Chemicals Ltd engages in the production of common salt and value added products. [28]
LAUGFS Corporation (Rubber) Ltd, established in 2008, produces various types of tyres as well as custom-designed tyres. LAUGFS tyres are exported to over 25 countries including the USA, Canada, Spain, Italy, France, Belgium, Germany, Russia, the Middle East, Singapore and India. [28] [30]
LAUGFS Eco Sri provides Vehicle Emission Testing (VET) services and eco-services to reduce emissions. It has a network of over 100 testing centres and 150 mobile locations and it also offers specialized emission testing for industrial clients to achieve high green standards. [31] [32]
LAUGFS Higher Education Services (LAHES) is the education and training arm of LAUGFS. It offers a range of undergraduate, postgraduate and skill development programs. LAHES is affiliated with several international universities such as the Executive MSc in HRM from the Asia e University, and Australian undergraduate programs offered in partnership with ATMC. [32]
LAUGFS Car Care is a subdivision of LAUGFS Lubricants Ltd. It is engaged in auto maintenance offering services from car washes to specialized services. [33] [32]
Laugfs Leisure Limited (LLL) operates as the leisure arm of Laugfs Holdings in the hospitality industry developing luxury resorts and hotels under the brand name "Anantaya" (infinity in Sinhala). The maiden luxury resort was launched in Chilaw in early 2014. [34]
LAUGFS Property Developers engages in the real estate development projects. Its first commercial property is at Maya Avenue, Colombo 6. The 10-storeyed office complex with a total floor area of 85,000 sq ft is also the head office of the majority of LAUGFS subsidiaries. [35] [36]
LAUGFS Maritime Services (Pvt) Ltd is a ship-owning and management company established in the year 2014 in Sri Lanka. It operates a fleet of LPG carriers providing Liquefied petroleum gas transportation & logistic services regionally. LAUGFS plans to increase the fleet to 20 LPG carriers [37] [38]
LAUGFS Terminals Ltd owns the largest LPG Transshipment Terminal in South Asia located at Hambantota International Port. The current terminal has a capacity of 30,000 MT which will be expanded to 45,000MT in the future. [39]
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai, and a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas, Government of India.
The Hambantota International Port is a deep water port in Hambantota, Sri Lanka, which has been leased to China on a 99-year lease. Opened in 2010, it is Sri Lanka's second largest port, after Colombo. In 2020, the port handled 1.8 million tonnes of cargo.
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 largest oil company in the 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. It is under the ownership of Ministry of Petroleum Resources Development headquartered in Colombo. It is the largest government owned company in the country, with an operational profit of Rs. 33.9 billion for the financial year 2020.
Deshamanya Dr. Tissaweera Nihal Jinasena is a Sri Lankan industrialist and sportsman. He is currently the Chairman of Lalin Michael Jinasena & Co. and the former Chairman of Loadstar(PVT) Limited, which was the largest export company in Sri Lanka.
Cargills Bank Limited is a licensed commercial bank in Sri Lanka. It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 17 branches island-wide with the head office based in Kollupitiya.
Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, healthcare, retail, financial services, automobiles and leisure.
Lanka IOC PLC is a subsidiary of Indian Oil Corporation which operates retail petrol and diesel stations in Sri Lanka. LIOC is Sri Lanka's only private sector organisation retailing fuels with an island-wide distribution network of 211 retail outlasts. Its headquarters in the Colombo City, Colombo.
Litro Gas is Sri Lanka's largest gas company. It controls 85% of Sri Lanka's gas market. The company is wholly owned by Sri Lanka Insurance Corporation.
Chevron Lubricants Lanka PLC is a manufacturer, distributor and marketer of Petroleum-based lubricants in Sri Lanka. The company is one of the constituents of the S&P Sri Lanka 20 Index and the Chevron Corporation holds a controlling stake (51.00%) of the company's stocks. The company offers engine oils, gear oils, transmission oils under the brand name Havoline while offering diesel vehicle engine oils, industrial lubricants, coolants, brake fluids under the brand name Delo. For the financial year 2019/20, Chevron Lubricants Lanka was ranked 67th in LMD 100, a list of listed companies by revenue in Sri Lanka.
Singer PLC is a Sri Lankan holding company engaged in retailing and wholesale marketing home appliances and furniture. The company is also taking part in financial services and manufacturing businesses. The company is listed on the Colombo Stock Exchange since 1981 and in 2017, the Sri Lankan conglomerate, Hayleys acquired the majority of the shares. Singer is ranked 17th in the LMD 100, an annual list of listed companies in Sri Lanka by revenue, in 2020/21 edition. Brand Finance ranked the company 15th most valuable brand in Sri Lanka in its annual list of top 100 brands.
WindForce PLC is the largest renewable energy private sector company in Sri Lanka. The company was incorporated in 2010 and in 2021 was listed on the Colombo Stock Exchange. The company commission, construct and operate power plants and generate power through wind, solar and hydropower.
Royal Ceramics Lanka PLC branded as Rocell, is a Sri Lankan holding company and is also engaged in manufacturing ceramic tiles and bath ware. The company was founded in 1990 and in 1994, it was listed on the Colombo Stock Exchange. The company is one of the constituents of the S&P Sri Lanka 20 Index. LMD, a Sri Lankan business magazine placed the company 38th in the LMD 100, a list of leading listed companies in Sri Lanka. Brand Finance ranked 74th amongst the 100 most valuable brands in Sri Lanka.
CIC Holdings PLC is a Sri Lankan conglomerate holding company engaged in merchandising and manufacturing chemical products. The company was incorporated in 1964 and listed on the Colombo Stock Exchange in the same year. Initially, the company was a part of Imperial Chemical Industries and prior to 2011, was known as Chemical Industries (Colombo) PLC. The company ranked 41st in LMD 100, an annual list of leading listed companies in Sri Lanka. The company also ranked 31st in Business Today's Top 40 for 2020–21 financial year.
Diesel & Motor Engineering PLC, commonly abbreviated as DIMO, is a Sri Lankan conglomerate company. The company engaged in vehicle sales, after-sales services, retail, construction and logistics solutions and agriculture sectors. The company was founded in 1939 and was listed on the Colombo Stock Exchange in 1964. DIMO is one of the LMD 100 companies, a list of quoted companies in Sri Lanka by revenue and ranked 39th in the 2020/21 edition.
Hela Apparel Holdings PLC branded as Hela Clothing is a holding company in Sri Lanka that is engaged in the apparel industry. The company supplies to a number of brands such as Tommy Hilfiger, Calvin Klein, and Michael Kors. Hela Apparel Holdings operates four design centres in Sri Lanka, the United States, France and the United Kingdom. The company have eleven manufacturing plants, seven in Sri Lanka, and two each in Ethiopia and Kenya. The company is one constituent of the S&P Sri Lanka 20 Index since June 2022.
Haycarb PLC is a coconut shell-based activated carbon manufacturing company in Sri Lanka. Haycarb was incorporated in 1973. The company controls 16% of the world's market share. Haycarb operates manufacturing plants in Sri Lanka, Thailand and Indonesia, while marketing offices are located in the United States, the United Kingdom and Australia.
Asiri Hospital Holdings PLC, doing business as Asiri Health, is the largest private healthcare provider in Sri Lanka. The company commenced operations in 1986 and was listed on the Colombo Stock Exchange in the same year. Asiri Hospitals operate six hospitals and collectively has over an 800-bed capacity. Softlogic Holdings is the parent company of Asiri Hospitals group. Asiri Hospital Holdings ranked 57th in the LMD 100, an annual list of listed companies by revenue, in the 2020/21 edition.
LAUGFS Gas PLC is a liquefied petroleum gas (LPG) company based in Sri Lanka. The company commenced operations in 2001 and in 2010, was listed on the Colombo Stock Exchange following an initial public offering. LAUGFS Gas expanded its operations to Bangladesh and the United Arab Emirates. In 2019, the company opened an LPG terminal at the Hambantota International Port, the largest of its kind in South Asia. LAUGFS Gas is ranked 33rd in LMD 100, an annual list of Sri Lankan listed companies by revenue. The Sri Lankan economic crisis heavily affected the operations of the company. Difficulties in securing foreign exchange have resulted in the disruption of LPG imports, shortages in the market and long queues. The company controls a number of subsidiaries but divested its Bangladesh operations in November 2022.