Company type | Public |
---|---|
CSE: HHL.N0000 | |
ISIN | LK0337N00002 |
Industry | |
Founded | December 10, 1948 |
Founder | Sheikh Hassanally Esufally |
Headquarters | , Sri Lanka |
Key people |
|
Revenue | LKR113.940 billion (2023) |
LKR10.963 billion (2023) | |
LKR5.068 billion (2023) | |
Total assets | LKR98.498 billion (2023) |
Total equity | LKR39.120 billion (2023) |
Number of employees | 5,380 (2023) |
Subsidiaries | Hemas Hospitals |
Rating | Fitch: AAA(lka) |
Website | www |
Footnotes /references [1] |
Hemas Holdings PLC is a diversified corporation with a focused interest in consumer, healthcare, and mobility. Hemas is a publicly listed company with 5,380 employees. [1]
In 1948, Hemas started with a simple intent: to empower families to aspire for a better tomorrow. As of 2021, Hemas operates in Sri Lanka, Bangladesh, India and Myanmar, bringing healthful living to life through its offerings.[ promotion? ]
Over the past 70+ years, Hemas has created daily moments of joy through a portfolio of products and services that delights in its utilitarianism; practiced a more robust version of health that moves beyond the absence of illness; and championed a more inclusive world that celebrates equal opportunity, integration and harmony. These actions have enabled the Group to offer meaningful interventions to all the stakeholders they serve and to showcase Sri Lankan products on the world stage.[ promotion? ]
Today, Hemas is a publicly quoted company listed on the Colombo Stock Exchange with over 4,000 shareholders and is regarded as one of the most respected and transparent companies in Sri Lanka and Asia's Most Socially Responsible Company. [2]
On 25 June 2020, Kasturi Chellaraja Wilson was appointed as the CEO of Hemas Holdings and will replace Steven Enderby as the CEO with effect from 1 October 2020 as a part of the company's succession plan. [3] [4] Kasturi also became the first female group CEO of a public quoted conglomerate in Sri Lanka. [5] She was also appointed as the deputy CEO of Hemas Holdings and will resume her duties as the deputy CEO with effect from 1 July 2020. [6]
On 15 December 2020, Hemas announced they will sell Serendib Hotels to LOLC Group for LKR792 million. [7]
Serendib may refer to:
Gajendrakumar Gangaser Ponnambalam is a Sri Lankan lawyer, politician and Member of Parliament. He is the leader of the All Ceylon Tamil Congress, a member of the Tamil National People's Front.
Kulappu Arachchige Don Dhammika Perera, commonly known as Dhammika Perera, is a Sri Lankan billionaire businessman and politician. A top corporate raider, he is one of the wealthiest people in Sri Lanka, controlling 23 listed companies on the Colombo Stocke Exchange. Perera owns a controlling stake in the conglomerates Hayleys and Vallibel One, a company he founded. Through Hayleys, Perera controls Amaya Leisure, The Kingsbury and Singer while Royal Ceramics, LB Finance, and Lanka Tiles are controlled by Vallibel One. Perera has been closely linked to the former President Mahinda Rajapaksa, having served as chairman of the Board of Investment of Sri Lanka from 2007 to 2010 and Transport Secretary from 2011 to 2015. He was appointed a Member of Parliament in the National List in June 2022, succeeding Basil Rajapaksa from the Sri Lanka Podujana Peramuna, briefly serving President Gotabaya Rajapaksa as his Minister of Investment Promotion from June to July 2022.
Kasturi Angela Chellaraja Wilson is the group chief executive officer and executive director of Hemas Holdings PLC. She is the first female Group CEO of a public quoted conglomerate in Sri Lanka.
Ishara Chinthaka Nanayakkara is a Sri Lankan entrepreneur and businessman. As of December 2019, he is the Richest man in Sri Lanka. He is currently serving as the deputy group chairman of the LOLC Holdings. His father Rajah Nanayakkara was also a prominent businessman and he died in 2017 at the age of 77.
Vallibel One PLC is one of Sri Lanka's largest conglomerate companies. The company controls a chain of subsidiaries and listed on the Colombo Stock Exchange since 2011. The company has controlling stakes in LB Finance, Royal Ceramics Lanka, and Delmege Group. The company was included in S&P Sri Lanka 20 Index in 2018. Vallibel One is one of the LMD 100 companies in Sri Lanka.
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
Carson Cumberbatch PLC is one of the largest conglomerates in Sri Lanka which also has business interests in Indonesia, Malaysia, and India. The company has its origin in the colonial era, having been founded by merging two companies founded by R. B. Carson and Henry Cumberbatch. The Selvanathan family, founders of the Sri Krishna Corporation, is the ultimate controlling shareholder of the company.
Amaya Resorts & Spas, trading as Hayleys Leisure PLC, is a Sri Lankan hospitality company. The company is listed on the Colombo Stock Exchange on 11 March 1996 and Sri Lankan conglomerate, Hayleys owns a controlling stake of 61.66% of the company's stocks. In 2020, Amaya Resorts & Spas ranked 87th amongst the top 100 most valuable brands in Sri Lanka by Brand Finance.
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.
Lankem Ceylon PLC is a chemicals, paints and consumer goods manufacturing company in Sri Lanka. The company also engaged in the hospitality industry by owning and operating resorts in Sri Lanka. The company is incorporated in 1964 by Royal Dutch Shell and listed on the Colombo Stock Exchange in 1970. Brand Finance ranked the company 88th most valuable brand in Sri Lanka. The company ranked 61st in LMD 100, an annual list of quoted companies by revenue in the financial year 2019–20.
Dipped Products PLC is a rubber glove manufacturer in Sri Lanka. The company also manages rubber and tea plantations. The company was incorporated in 1976 and listed on the Colombo Stock Exchange in 1983. The company is one of the components of the S&P Sri Lanka 20 Index. Sri Lankan conglomerate, Hayleys is the effective controlling shareholder of Dipped Products. The company was ranked 26th in LMD 100, an annual list of quoted companies in Sri Lanka by revenue.
Sunshine Holdings PLC is a Sri Lankan conglomerate holding company that is engaged in the healthcare, consumer goods and agribusiness sectors. Sunshine Holdings was incorporated on 16 June 1973, and listed on the Colombo Stock Exchange in 1983. Sunshine Holdings ranked 45th in LMD 100, a list of quoted companies in Sri Lanka by revenue in the 2020/21 edition.
Brown and Company PLC, sometimes called Browns Group, is a conglomerate holding company in Sri Lanka. The company was founded by James Brown, a 25-year-old engineer and mechanic from London who arrived in Ceylon in 1872. In 1892, the company was incorporated and in 1991 the company became a listed company on the Colombo Stock Exchange. The company was included in S&P Sri Lanka 20 Index in June 2021. Brown and Company is one of the LMD 100 companies, an annual list of Sri Lankan listed companies by revenue, having ranked 42nd in the 2020/21 edition.
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.
Ceylon Hotels Corporation PLC, often called Ceylon Hotels, is a hospitality company in Sri Lanka. The company was incorporated through an Act of the Parliament of Ceylon in 1966. The company was listed as a public company in the following year. Ceylon Hotel Holdings, a subsidiary of Galle Face Hotels Group is the holding company of Ceylon Hotels Corporation. Ceylon Hotels' subsidiary, Kandy Hotels Company owns and operates the Queen's Hotel and the Hotel Suisse heritage hotels.
ACL Cables PLC is a cable manufacturing company in Sri Lanka. ACL Cables manufactures and sells power cables, conductors, armoured cables and telephone cables. The company was established in 1962 as Associated Cables, a subsidiary of Associated Motorways. The company was publicly quoted in 1976. In 1980, the company moved out of Associated Motorways Group and was renamed ACL Cables in 1990. ACL Cables is one of the LMD 100 companies in Sri Lanka.
Capital Alliance PLC, abbreviated as CALT, is a primary dealer in Sri Lanka. The company is a subsidiary of Capital Alliance Holdings Ltd. Capital Alliance Holdings Group is an investment bank. The company was incorporated in 2000 as Capital Asia Markets Ltd, a subsidiary of Asia Capital Ltd. The company changed its name to Capital Alliance Limited two years later. In 2003, Capital Alliance obtained a primary dealer licence from the Central Bank of Sri Lanka. Following an initial public offering, the company was listed on the Colombo Stock Exchange in December 2021. Capital Alliance is ranked among the 100 most valuable brands in Sri Lanka.