Softlogic Holdings

Last updated

Softlogic Holdings PLC
Company type Public
CSE:  SHL.N0000
ISIN LK0386N00009
Industry Conglomerate
Founded1998;26 years ago (1998)
FounderAshok Pathirage
Headquarters,
Sri Lanka
Key people
Ashok Pathirage (Chairman)
Products
RevenueDecrease2.svg LKR96.899 billion (2023)
Decrease2.svg LKR1.851 billion (2023)
Decrease2.svg LKR(23.657) billion (2023)
Total assets Decrease2.svg LKR184.237 billion (2023)
Total equity Decrease2.svg LKR(17.872) billion (2023)
Owners
  • Asoka Pathirage (41.35%)
  • Samena Ceylon Holdings Limited (20.75%)
  • Haresh Kumar Kaimal (6.75%)
Number of employees
11,092 (2023)
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

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