Hemas Holdings

Last updated

Hemas Holdings PLC
Company type Public
CSE:  HHL.N0000
ISIN LK0337N00002
Industry
FoundedDecember 10, 1948;75 years ago (1948-12-10)
FounderSheikh Hassanally Esufally
Headquarters,
Sri Lanka
Key people
RevenueIncrease2.svg LKR113.940 billion (2023)
Increase2.svg LKR10.963 billion (2023)
Increase2.svg LKR5.068 billion (2023)
Total assets Increase2.svg LKR98.498 billion (2023)
Total equity Increase2.svg LKR39.120 billion (2023)
Number of employees
Decrease2.svg 5,380 (2023)
Subsidiaries Hemas Hospitals
Rating Fitch: AAA(lka)
Website www.hemas.com
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]

Contents

History

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? ]

Operations

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]

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References

  1. 1 2 "Annual Report 2022/23" (PDF). cse.lk. Hemas Holdings PLC. Retrieved 24 May 2023.
  2. "Hemas wins Asia's Most Socially Responsible Company Award". dailymirror.lk. Retrieved 6 August 2020.
  3. LBO (25 June 2020). "Kasturi Wilson to succeed Steven Enderby as CEO of Hemas". Lanka Business Online. Retrieved 25 June 2020.
  4. "Kasturi to succeed Steven Enderby as Hemas Group CEO | Daily FT". ft.lk. Retrieved 27 June 2020.
  5. "Kasturi Chellaraja Wilson appointed as the Group ceo of Hemas Holdings plc". dailymirror.lk. Retrieved 25 June 2020.
  6. "Sri Lanka: Kasturi Chellaraja Wilson to succeed Steven Enderby as CEO of Hemas". colombopage.com. Retrieved 25 June 2020.
  7. "Sri Lanka's Hemas Holdings sells Serendib Hotels to LOLC". EconomyNext. 15 December 2020. Retrieved 16 December 2020.