List of largest public companies in Sri Lanka

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This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the Colombo Stock Exchange business magazines [1]

2022 list

This list is based on the Sri Lanka Parliament, which ranks the Sri Lanka's largest public companies. [2]

RankNameFinancial statistics in millions US$Industry
RevenueProfitAssets
1 Ceylon Petroleum Corporation 3,0169.91,477 Oil and gas
2 Bank of Ceylon 1,31641313,290 Banking
3 Ceylon Electricity Board 1,268-138.124,127 Electricity generation
4 SriLankan Airlines 1,017-230.281,273 Airline
5 People's Bank 1,0137010,320 Banking
6 National Savings Bank 672.4236.896,370 Banking
7 Sri Lanka Telecom 474.8534.921,154 Telecommunications
8 Sri Lanka Ports Authority 248.255.771,988 Commercial ports
9 Sri Lanka Insurance 242.528.55941.5 Insurance

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<span class="mw-page-title-main">Nawaloka Hospital</span> Hospital in Sri Lanka

Nawaloka Hospital, traded as Nawaloka Hospitals PLC, was established in 1985 by Deshamanya H. K. Dharmadasa. Nawaloka Hospital is one of Sri Lanka's largest private hospitals and has created a chain of hospitals across the country. It was founded by H.K. Dharmadasa in 1985. It is also the first hospital in Sri Lanka to introduce Intensive Care Units, Coronary Care Units, Laparoscopic Surgery and Thoracic Surgery.

John Keells Holdings PLC (JKH) is one of the largest conglomerate companies in Sri Lanka. From managing hotels and resorts in Sri Lanka and the Maldives to providing port, marine fuel and logistics services to IT solutions, manufacturing of food and beverages to running a chain of supermarkets, tea broking to stock broking, life insurance and banking to real estate, the Group of companies has made its presence felt in virtually every major sphere of the economy.

<span class="mw-page-title-main">Expolanka Holdings</span> Sri Lankan logistics company

Expolanka Holdings PLC is a diversified conglomerate with interests in logistics, leisure and ventures with a global presence in 20 countries and over 50 cities. As of May 2023, Expolanka Holdings PLC is the largest company by market capitalization on the Colombo stock exchange.

<span class="mw-page-title-main">Melstacorp</span> Sri Lankan conglomerate

Melstacorp PLC is a Sri Lankan diversified conglomerate. It is listed in the Colombo Stock Exchange. Melstacorp PLC is one of the 10 largest listed companies. It has a market capitalization of approximately USD 450 million. Deshamanya Harry Jayawardena is the Chairman of the company.

The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange. The 20 companies that make up the index is determined by Standard & Poor's global index methodology, according to which the index's listing is reviewed each year. All S&P SL20 listed stocks are classified according to S&P and MSCI's Global Industry Classification Standard, thereby enabling better comparison of performance of Sri Lanka's largest and most liquid stocks with other global indices.

<span class="mw-page-title-main">Ceylon Tobacco Company</span> Sri Lankan tobacco company

Ceylon Tobacco Company PLC (CTC) is a Sri Lankan tobacco company engaged in the manufacture, marketing and export of cigarettes. It is a subsidiary of British American Tobacco. CTC holds the monopoly of cigarette and tobacco sales in Sri Lanka. British Tobacco started selling cigarettes in 1904-1911. CTC has a primary listing on the Colombo Stock Exchange since 1980s.

<span class="mw-page-title-main">C T Holdings</span> Sri Lankan conglomerate holding company

C T Holdings PLC, formerly known as Ceylon Theatres Limited, is an investment holding company and one of the largest conglomerates in Sri Lanka. The company was incorporated in 1928 by Chittampalam A. Gardiner and quoted on the Colombo Stock Exchange ever since. In 2019, Brand Finance ranked C T Holdings eighth amongst the most valuable conglomerates in Sri Lanka with a brand value of LKR18,981 million. C T Holdings also ranked eighth in the LMD 100, a list of leading listed companies in Sri Lanka by the business magazine, LMD. The company holds a 71% stake in Sri Lanka's largest food company, Cargills (Ceylon).

Nestlé Lanka is a Sri Lanka–based foods company located in Colombo, Sri Lanka. Nestlé Lanka is a subsidiary of Nestlé, a Switzerland based company. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea. The company was founded by the Anglo-Swiss Condensed Milk Company in 1906 and incorporated under Nestlé Ceylon Company. Nestlé Lanka is Sri Lanka's largest food company by revenue, with Rs 36.355 billion in 2019. The whole company is controlled by the Nestlé Switzerland parent company. Nestlé S.A. owns over 90 per cent total shares. Nestlé Lanka PLC became the seventh most valuable brand in Sri Lanka worth approximately Rs 21 billion in 2017.

<span class="mw-page-title-main">Access Engineering</span> Sri Lankan civil engineering construction company

Access Engineering PLC is a Sri Lankan civil engineering company engaged in the construction industry and supply of construction-related services and materials. The company is one of the constituents of the S&P Sri Lanka 20 Index. The company was found in 2001 and in 2012 was listed on the Colombo Stock Exchange. In 2019, for the third consecutive year, the company was named amongst the ten "Best Corporate Citizens in the Country" by the Ceylon Chamber of Commerce. Currently, the company is constructing the largest condominium in Sri Lanka with 1,068 units. Following the news that the Cabinet of Sri Lanka has granted the LKR 9.34 billion housing project in Elliot Road, Borella, the company's share price rose by five-fold.

<span class="mw-page-title-main">Singer (Sri Lanka)</span> Sri Lankan holding company

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.

<span class="mw-page-title-main">Tokyo Cement</span>

Tokyo Cement Company (Lanka) PLC is a Sri Lankan cement manufacturing company headquartered in Colombo. The company is engaged in manufacturing Portland cement, Pozzolana cement, tile adhesives and other cement products. Sri Lankan entrepreneur, A. Y. S. Gnanam founded the company in 1982. Tokyo Cement Company is a quoted company on the Colombo Stock Exchange since 1984. The company was one of the components of the S&P Sri Lanka 20 Index until June 2022. The company is ranked 29th amongst the LMD 100, an annual list of top 100 listed companies in Sri Lanka by revenue for the 2020/21 period.

<span class="mw-page-title-main">WindForce</span> Sri Lankan renewable energy company

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.

<span class="mw-page-title-main">Overseas Realty</span> Sri Lankan real estate company

Overseas Realty (Ceylon) PLC is the largest listed real estate company in Sri Lanka. The company is the developer and the proprietor of World Trade Center Colombo and Havelock City. The company was incorporated in 1980 and was listed on the Colombo Stock Exchange in 1982. The company is ranked amongst the LMD 100, moving 17 positions up to number 76 for the fiscal year 2019/20.

L B Finance PLC sometimes spelt LB Finance, is a Sri Lankan non-bank financial institution. The company is incorporated in 1971 and initially, the majority of shares were held by Lewis Brown & Company. The company was listed on the Colombo Stock Exchange in 1997. In 2003, Dhammika Perera acquired the company and became a subsidiary of Vallibel One. Currently, the company is one of the components of the S&P Sri Lanka 20 Index. Brand Finance ranked the company 24th in the 100 most valuable brands in Sri Lanka. The company placed 39th in the LMD 100 for the financial year 2019/20.

<span class="mw-page-title-main">People's Leasing & Finance</span> Sri Lankan non-banking financial company

People's Leasing & Finance PLC, sometimes called People's Leasing Company or commonly abbreviated PLC, is a licensed non-banking financial company in Sri Lanka. The company is ranked 30th in LMD 100, an annual list of leading listed companies in Sri Lanka. Brand Finance placed the company 21st amongst the 100 most valuable brands in Sri Lanka. The company was incorporated in 1995 and in 2010 listed on the Colombo Stock Exchange. 75% of the shares of the company is held by the People's Bank, one of the two government-held banks of Sri Lanka.

Citrus Leisure PLC is a hotel chain in Sri Lanka. The hospitality company owns and operates Citrus Waskaduwa, Citrus Hikkaduwa and the Steuart by Citrus. The company was incorporated as Hotel Reefcomber Limited in 1973. In 2010, the company was rebranded as Citrus Leisure when Dilith Jayaweera and Varuni Fernando of Triad Advertising bought a stake in the company. In 1984, the company was quoted on the Colombo Stock Exchange.

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.

<span class="mw-page-title-main">Jetwing Symphony</span> Hospitality company in Sri Lanka

Jetwing Symphony PLC is a hotel chain in Sri Lanka. The company was incorporated in 2007. Following an oversubscribed Initial Public Offering in December 2017, the company started publicly trading on the Colombo Stock Exchange in January 2018. Jetwing Symphony is the holding company of the Jetwing Group's new hotels. As of 2022, Jetwing Symphony manages seven properties across the country.

<span class="mw-page-title-main">LAUGFS Gas</span> Energy company in Sri Lanka

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.

References

  1. "Largest public companies in Sri Lanka". www.cse.lk. Colombo Stock Exchange. Retrieved December 24, 2019.
  2. "Sri Lanka's largest public companies". www.parliament.lk. Sri Lanka Parliament. Retrieved June 30, 2020.