The Sri Lankan capital markets are recovering after a period of great change and a measure of controversy. Stocks boomed when the civil war ended, only to fall back as regulation and regulators were unable to keep up with the surge in activity, and manipulation and unfair dealing were alleged. With a new government in power, the apparent...
THE COMPANY: Established in 1969 Commercial Bank of Sri Lanka is the largest private sector commercial bank in the country, and the only Sri Lankan banking sector counter represented in the MSCI Frontier Market Index. With a total asset base of approximately LKR816bn ($5.9bn), it has the largest...
THE COMPANY: Dialog Axiata (Dialog), a subsidiary of Axiata Group was incorporated in 1993 and subsequently converted to a public limited liability company in 2005, listing its ordinary shares on the Colombo Stock Exchange (CSE). Dialog Axiata currently holds the market leadership position in Sri...
THE COMPANY: Hemas Holdings is a diversified conglomerate, established as a family-owned entity in 1948, and listed on the Colombo Stock Exchange in 2003. The group’s operations are aligned into four main business streams: Health care, with a 42% contribution to company revenues, fast-moving...
THE COMPANY: John Keells Holdings (JKH) is Sri Lanka’s largest conglomerate and holds diverse business interests. The group, which began operations as far back as the 1870s as a produce and exchange broking business, was incorporated as a public limited liability company in 1979 and obtained a...
THE COMPANY: LAUGFS Gas (LGL) is a subsidiary of LAUGFS Holdings. Established in 1994 the company entered into the liquefied petroleum gas (LPG) industry in Sri Lanka in 2001, in line with the Sri Lanka government’s move to liberalise the industry in the same year. Having consolidated itself as the...
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