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An 80 US gal (300 L; 67 imp gal) electric storage tank water heater was able to have a minimum energy factor of 86% under the pre-2015 standard, while under the 2015 standard, the minimum energy factor for an 80-gallon electric storage tank water heater is now 197%, which is only possible with heat pump technology. This rating measures ...
The company is listed on the Colombo Stock Exchange since 1981 and in 2017, the Sri Lankan conglomerate, Hayleys acquired the majority of the shares. Singer (Sri Lanka) is ranked 17th in the LMD 100, an annual list of listed companies in Sri Lanka by revenue, in 2020/21 edition. [4]
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. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
The current chairman of Aitken Spence is Harry Jayawardena.He is the founder director and current chairman/managing director of the Stassen Group of Companies – a diversified group in exports and import trade, the chairman of Lanka Milk Foods (CWE) PLC, Browns Beach Hotels PLC, Balangoda Plantations PLC, Madulsima Plantations PLC, Melstacorp PLC, Ambewela Livestock Company Ltd, Lanka Bell ...
The company was the first in Sri Lanka to introduce Near Field Communication (NFC) technology for fuel retailing to corporate clients, currently supporting over 300 companies with 25,000 NFC cards. LAUGFS Petroleum's fuel stations offer nitrogen and digital air services, lubricants, domestic gas cylinders and accessories, and car care items.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
Thus, MDPC became the first ever management training institute of Sri Lanka. In 1972, the center began to function under the name of National Institute of Management (NIM). NIM commenced its first Diploma programme in 1975 in Business Management and in the following year, the institute was incorporated as the National Institute of Business ...