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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 ]
On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2] Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result. [3]
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]
In a note on Jan. 7, analysts at Jefferies estimated that Apple experienced a 30% decline in iPhone sales year on year in the first week of this month. Jefferies also said Apple saw a 3% year-on ...
Sri Lanka Telecom PLC (Sinhala: ශ්රී ලංකා ටෙලිකොම්, romanized: Śrī Laṃkā Ṭelikom, Tamil: ஸ்ரீலங்கா டெலிகொம்), doing business as SLT-MOBITEL, is the national telecommunications services provider in Sri Lanka and one of the country's largest companies [3] with an annual turnover in excess of Rs 100 billion.
In 2005, Dialog Telekom launched the largest IPO seen by the Sri Lankan capital markets in an attempt to finance expanding the network. The Dialog Telekom initial offer, which was launched on a book building structure at a price range of LKR 8 to LKR 12 per share, consists of 712.3 million ordinary shares, which is a 9.6% stake of the company. [18]