JAT Holdings

Last updated
JAT Holdings PLC
Company type Public
CSE:  JAT.N0000
ISIN LK0469N00003
Industry Materials
FoundedJuly 1, 1993;30 years ago (1993-07-01)
FounderJoyce Gunawardene
Aelian Gunawardene
Tyrone Gunawardene
Headquarters
Thalawathugoda
,
Sri Lanka
Key people
  • Sivakumar Selliah (Chairman)
  • Aelian Gunawardene (Managing Director)
  • Nishal Ferdinando (CEO)
Products
  • WHITE by JAT
  • Sayerlack
  • Harris Brushes & Rollers
  • Herman Miller
  • SEA
  • Houros
RevenueIncrease2.svg LKR2.603 billion (2021/22)
Increase2.svg LKR1,186 billion (2021/22)
Increase2.svg LKR1,211 billion (2021/22)
Total assets Increase2.svg LKR11,544 billion (2021/22)
Total equity Increase2.svg LKR7,747 billion (2021/22)
OwnerAelian Gunawardene (65.014%)
Number of employees
Increase2.svg 386 (2021/22)
Website jatholdings.com
Footnotes /references
[1]

JAT Holdings PLC is a Sri Lanka based multinational paint company headquartered in Thalawathugoda, Sri Lanka. [2] [3] [4] The company is engaged in the business of manufacturing, selling and distribution of paints, wood coatings and products related to the retail and industrial sectors. [5] [6] [7] As of 2016, it has the largest market share with 75% in the Sri Lankan paint industry. [8] [9]

Contents

History

The company was started in 1993 by Joyce Gunawardene, Aelian Gunawardene and Tyrone Gunawardene [10] and named the company from the initials of the three founding brothers. The company first became the principal agent of the Italian multinational company Sayerlack and introduced polyurethane coatings in Sri Lanka. [11] In 2002, the company set up a large scale manufacturing plant in Kahathuduwa. [12]

In 2015, the company acquired Ceynox Networks, an information technology company and created the JAT Technologies. [13] In 2017, the company signed cricketer Rangana Herath as their brand ambassador. [14]

In 2020, JAT Holdings was ranked amongst the LMD's Top 20 Conglomerate Brands in Sri Lanka. [15]

In 2021 JAT Holdings was listed in the Colombo Stock Exchange (CSE), . [16]

Business

The company is a manufacturer of paints and coatings; [17] and also a distributor of brands including Sayerlack, Harris, BormaWachs, Norton, Brush Master, Masters, J CHEM. [18] [19] [20] JAT holdings also offer a furnishing range of brands such as Herman Miller, SEA and Houros. The company entered the real estate development in 1995 and developed residential colonies in the country. [21]

Sponsorships

The company is one of the major sponsor of sports in the country and has sponsored several events for cricket, [22] tennis, golf and other major sports. [23] [24] [25]

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References

  1. ↑ "Annual Report 2021/22" (PDF). cse.lk. JAT Holdings PLC. 2022. Retrieved 11 February 2023.
  2. ↑ "MAS teams up with JAT Holdings for chemical leasing deal". Lanka Business Online . 2017-10-02. Retrieved 2018-07-23.
  3. ↑ "JAT Paints launches revolutionary new paint using pigment from natural flowers". The Daily Mirror (Sri Lanka) . 14 May 2018.
  4. ↑ "JAT sponsor of Bangladesh - Sri Lanka cricket series". Daily News (Sri Lanka) . Retrieved 2018-07-23.
  5. ↑ "JAT Holdings makes paint from discarded flowers". Sunday Observer . 2018-04-28. Retrieved 2018-07-23.
  6. ↑ admin. "JAT Holdings adds colour to Sri Lanka – Australia Test as Title Sponsor with 'JAT Paints Cup'". Colombo Diary. Retrieved 2018-07-23.
  7. ↑ "JAT Holdings in Brands Finance top 10 'Strongest Conglomerate Brands'". The Daily Mirror (Sri Lanka) . Retrieved 2018-07-23.
  8. ↑ "JAT conferred Sri Lanka Best Employer Brand Award". Lanka Business Online . 2016-11-08. Retrieved 2018-07-23.
  9. ↑ "CH & FC Rugby powered by JAT Holdings". Daily News (Sri Lanka) . Retrieved 2018-07-23.
  10. ↑ "JAT rebrands, gears for growth and regional expansion". The Daily Mirror (Sri Lanka) . Retrieved 2018-07-23.
  11. ↑ "Jat Holdings joins hands with Touchwood Investments PLC". The Sunday Times (Sri Lanka) . Retrieved 2018-07-23.
  12. ↑ PressReader https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20140410/282355447721522 . Retrieved 2018-07-23.{{cite web}}: Missing or empty |title= (help)
  13. ↑ "JAT Technologies wins Flame Entrepreneur Award 2016". The Daily Mirror (Sri Lanka) . Retrieved 2018-07-23.
  14. ↑ "JAT signs Rangana Herath as Brand Ambassador | JAT Holdings". www.jatholdings.com. Retrieved 2018-07-23.
  15. ↑ "Brands Annual 2020". LMD . Media Services. 12 May 2020. Retrieved 11 February 2023.
  16. ↑ "Investor Relations". www.jatholdings.com. Retrieved 2021-12-31.
  17. ↑ "JAT இன் புத்தாக்கமான தயாரிப்புகளில் புதிய உள்ளடக்கமாக Master Plaster அறிமுகம் | Virakesari.lk". Virakesari . Retrieved 2018-07-23.
  18. ↑ "Don't just paint it, Crown it with JAT". The Daily Mirror (Sri Lanka) . 12 December 2017.
  19. ↑ "MAS teams up with JAT Holdings for chemical leasing deal". Lanka Business Online . 2017-10-02. Retrieved 2018-07-23.
  20. ↑ "JAT Holdings introduces revolutionary Master Plaster" . Retrieved 2018-07-23.
  21. ↑ "Sri Lanka's JAT launches 3rd luxury apartment development project". Lanka Business Online . 2017-09-28. Retrieved 2018-07-23.
  22. ↑ "JAT Holdings Stamps its Presence at the International Cricketing Arena". The Daily Mirror (Sri Lanka) . Retrieved 2018-07-23.
  23. ↑ "Sunday Times - Cricket: JAT Holdings synonymous with Sports Sponsorships". The Sunday Times (Sri Lanka) . Retrieved 2018-07-23.
  24. ↑ "JAT Holdings setting up world-class stadium for tennis". The Sunday Times (Sri Lanka) . Retrieved 2018-07-23.
  25. ↑ "Mithun leads Lankan charge | The Sunday Times Sri Lanka". The Sunday Times (Sri Lanka) . Retrieved 2018-07-23.
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