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Rainco is a privately held company in Sri Lanka which manufactures umbrellas, mosquito nets and rainwear.Starting as a home-based operation in 1977, as of 2015 the company counts four production factories across the island, a workforce of over 1200 and a dealer network of over 7000.
In 2009 the company was acquired by the UAE-based Onyx Group which is owned by the Sri Lankan businessperson Sri Lanka Investment Corporation and re-branded as "Ceylon Steel" Corporation Limited. [5] [6] On 2020 Lanwa Sanstha announced they plan to build massive cement corporation under the name of Lanwa Sanstha Cement Corporation. The company ...
Carson Cumberbatch PLC is one of the largest conglomerates in Sri Lanka which also has business interests in Indonesia, Malaysia, and India. The company has its origin in the colonial era, having been founded by merging two companies founded by R. B. Carson and Henry Cumberbatch (nephew of Robert William Cumberbatch).
The company is ranked 38th in LMD 100's second board for the financial year 2021/22. LMD 100 is an annual list of public companies in Sri Lanka by revenue compiled by the business magazine LMD. [11] Dankotuwa Porcelain was ranked among the 100 most valuable brands in Sri Lanka by Brand Finance in 2018.
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
In May 2014, SG Holdings, Japan's second-largest logistics firm, acquired a 30% stake in Expolanka Holdings PLC triggering mandatory offer requirements set by Sri Lanka's Securities and Exchange Commission. [5] In June 2014, SG Holdings confirmed that it has secured controlling interest in Expolanka with the acquisition of over 51% of total shares.
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
George Steuart Group of Companies (George Steuarts) is Sri Lanka's oldest mercantile establishment, having been established in 1835 during British occupation of Ceylon.It is the oldest surviving mercantile firm in the country, with a recorded history dating back to the early 19th century, and is the first on the register of companies in Sri Lanka [1] [2]