FINANCIAL PROFILE
EXPLANATORY NOTES The LMD 100 has been compiled from information contained in the annual reports of…
ELPITIYA PLANTATIONS
Since its inception, the company has undergone a vast transformation, strategically investing in technology and diversifying its operations to create long-term value
JAT HOLDINGS
Over the past two decades, JAT has embarked on an impressive journey of expansion, establishing itself as a prominent player in the market. Beginning in Bangladesh
PRINTCARE
The foremost trend in packaging over the last decade is the demand for sustainable packaging solutions. Consumers are increasingly looking
FIRST CAPITAL HOLDINGS
FIRST CAPITAL TREASURIES
The fact that interest rates went up significantly – to over 30 percent, due to fears of domestic debt restructuring
PRIME LANDS RESIDENCIES
Several issues must be mitigated, starting with talent migration, which will lead to a shortage of talented workers in most industries. Sri Lanka must also address
PAN ASIA BANKING CORPORATION
Our bank has been strong in business banking – especially SME and retail banking. These were the areas we have been targeting
CIC HOLDINGS
CIC Holdings has a rich legacy spanning almost six decades in Sri Lanka, incorporated as part of Imperial Chemical Industries (ICI) of the UK in 1964 to supply chemicals
SEYLAN BANK
Seylan Bank experienced a favourable year, performing well despite economic challenges. Our focus this year centred on preserving our net interest margins
AITKEN SPENCE
Aitken Spence has expanded its business presence in 10 countries; and through those different biz ventures, we have given Sri Lanka a platform to promote
NATIONAL DEVELOPMENT BANK
It is emerging from major setbacks over the past several years at a gratifyingly fast pace. It’s encouraging to see macroeconomic stability being regained
JOHN KEELLS HOLDINGS
Sri Lanka remained resilient and made notable progress in implementing difficult but much needed economic and structural reforms. In response, domestic
COMMERCIAL BANK OF CEYLON
Commercial Bank counts a strong history and heritage as a trade bank in Sri Lanka since its inception as Eastern Bank in 1920. Today, 103 years later, it is the largest
LANKA IOC
Over the last two decades, Lanka IOC (LIOC) has powered the nation whilst traversing myriad external challenges. We played a pivotal role in Sri Lanka’s business
HAYLEYS
Hayleys is a leader in sustainable innovation; an essential stakeholder in Sri Lanka’s export led economic revival; and above all, an ethical, purpose led organisation
LMD 100 SECOND BOARD | 2022/23
At the end of October 2023, the Colombo Stock Exchange (CSE) consisted of 290 companies – categorised as 20 Global Industry Classification Standard
SUPPORT SERVICES | 2022/23
For the sixth consecutive year, Ernst & Young (EY) continues to dominate the LMD 100 auditors league with 46 sign offs to its credit, marking an increase
POST BALANCE SHEETS | 2023/24
The Economic and Social Statistics 2023 report – compiled by the Central Bank of Sri Lanka – reveals that provisionally at the time of its release, year 2022 witnessed a GDP
BOARD BALANCE | 2022/23
“Women are more ambitious than ever and workplace flexibility is fuelling them. Yet, despite some hard-fought gains, women’s representation
