Softlogic Holdings

Last updated

Softlogic Holdings PLC
Type Public
CSE:  SHL.N0000
ISIN LK0386N00009
Industry Conglomerate
Founded1998;25 years ago (1998)
FounderAshok Pathirage
Headquarters
Colombo
,
Sri Lanka
Key people
Ashok Pathirage (Chairman)
Products
RevenueIncrease2.svg LKR82.620 billion (2021)
Increase2.svg LKR6.389 billion (2021)
Decrease2.svg LKR(3.364) billion (2021)
Total assets Increase2.svg LKR162.915 billion (2021)
Total equity Decrease2.svg LKR18.246 billion (2021)
Owners
  • Asoka Pathirage (40.92%)
  • Samena Ceylon Holdings Limited (20.75%)
  • Haresh Kumar Kaimal (6.75%)
Number of employees
11,082 (2021)
Website www.softlogic.lk
Footnotes /references
[1]

Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, healthcare, retail, financial services, automobiles and leisure. [2] [3]

Contents

History

Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees. [4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications acquired the national dealership of Nokia in the year 2000. [3] [5] Softlogic went through a period of aggressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms islandwide. Softlogic became the authorised dealer for Panasonic, Samsung, Nokia, Dell, Apple, Candy, Russell Hobbs, Kelvinator adding the brand names within its fold of Consumer Electronics. The branded apparel sector was also growing with the authorised distributor status for the jeanswear brand ‘Levis’ in 2009. [3]

Later Softlogic acquired and renovated Ceysands Hotels and Resorts jointly with Centara chain of Hotels. They also acquired Asiri group of hospitals as well as a large stake in the retail chain ODEL and built a 5-star 24-storey hotel with Movenpick in Colombo. [3] [6] [7] [8]

Sectors

Healthcare

Softlogic Holdings is represented in the healthcare sector by Asiri Health chain of hospitals. [9] [10]

Retail

Financial

ICT

Automobile

Leisure

Sports

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References

  1. ↑ "Annual Report 2020/21" (PDF). cse.lk. Softlogic Holdings PLC. Retrieved 3 January 2023.
  2. ↑ "Mango opens first store in Colombo". Daily News . 27 December 2011. Retrieved 12 September 2016.
  3. 1 2 3 4 "Our History". www.softlogic.lk. Softlogic. Retrieved 12 September 2016.
  4. ↑ "Financial Times".
  5. ↑ "Simple Business Logic".
  6. ↑ "Softlogic Holdings PLC". www.softlogic.lk. Softlogic. Retrieved 12 September 2016.
  7. ↑ "Softlogic on target with new ODEL mall, Kandy hospital and Movenpick Hotel |". The Sunday Times . Retrieved 12 September 2016.
  8. ↑ "President launches Mövenpick's Five-Star Colombo Hotel" . Retrieved 16 February 2017.
  9. ↑ "Asiri Hospitals relaunches as 'Asiri Health'" . Retrieved 16 February 2017.
  10. ↑ "Healthcare sector". Softlogic.
  11. 1 2 3 4 5 "Softlogic Holdings PLC". www.softlogic.lk. Retrieved 8 April 2017.
  12. ↑ "Online Fashion Store | ODEL Sri Lanka | Online Shopping Sri Lanka". www.odel.lk. Retrieved 8 April 2017.
  13. ↑ "Security Check Required". www.facebook.com. Retrieved 8 April 2017.
  14. ↑ "Sri Lankan company snaps up Agora". tbsnews.net. Retrieved 6 March 2022.
  15. 1 2 "Softlogic Life". www.softlogiclife.lk. Retrieved 8 April 2017.
  16. ↑ "Stock Broking - Softlogic Stockbrokers". www.softlogicequity.lk. Retrieved 8 April 2017.
  17. ↑ "Softlogic Holdings PLC". www.softlogic.lk. Retrieved 8 April 2017.
  18. ↑ "Welcome to Daihatsu". www.daihatsu.lk. Retrieved 8 April 2017.
  19. ↑ "www.fordsrilanka.com". www.fordsrilanka.com. Retrieved 8 April 2017.
  20. ↑ www.centarahotelsresorts.com, Centara Hotels and Resorts in Thailand & International -. "Bentota Stays|Centara Ceysands Resort & Spa Sri Lanka". www.centarahotelsresorts.com. Retrieved 8 April 2017.
  21. ↑ "Mövenpick Hotel Colombo | 5 Star Hotel in Colombo City Center". www.movenpick.com. Retrieved 8 April 2017.
  22. ↑ "Softlogic Holdings to take ownership of Colombo Franchise for LPL 2021". The Papare. Retrieved 20 November 2021.
  23. ↑ "Softlogic Holdings to take ownership of Colombo Franchise for LPL 2021 | Daily FT". www.ft.lk. Retrieved 20 November 2021.
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