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In 2020, Singer (Sri Lanka) emerged as the market-leading seller for Dell laptops in Sri Lanka. [9] Due to the COVID-19 pandemic , increased incidences of remote work and distance education arrangements, the demand for consumer electronics rose and the company posted LKR16.7 billion in sales in the second quarter of 2020. [ 10 ]
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
Diesel & Motor Engineering PLC, commonly abbreviated as DIMO, is a Sri Lankan conglomerate company. The company engaged in vehicle sales, after-sales services, retail, construction and logistics solutions and agriculture sectors. The company was founded in 1939 and was listed on the Colombo Stock Exchange in 1964.
Inrush current, input surge current, or switch-on surge is the maximal instantaneous input current drawn by an electrical device when first turned on. Alternating-current electric motors and transformers may draw several times their normal full-load current when first energized, for a few cycles of the input waveform.
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
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 company was founded as Drivek in Milan, Italy in 2010 [6] [7] as a car comparison website. [8] [9] [10]In 2016, it raised the venture capital with €9 million in equity funding.
It was the seventh oldest operating company in Sri Lanka. Today, the name operates as an investment holding company under the umbrella of the MTD Walkers group, but ceased operations in its original form in the 1980s. John Walker was born 24 August 1819 in Doune, Scotland the seventh child of James Walker, a cobbler, and Christina née Strang. [1]