List of largest companies in Sri Lanka facts for kids
Sri Lanka is home to many important companies that help the country grow and provide jobs. This article will tell you about some of the biggest companies in Sri Lanka. We will look at how much money they make, how much profit they get, and how many valuable things they own. This information comes from business magazines like Fortune, Forbes, and a local magazine called LMD.
Contents
What Makes a Company "Big"?
When we talk about the "biggest" companies, we usually mean companies that are very successful and have a lot of influence. There are a few ways to measure how big a company is:
- Revenue: This is the total amount of money a company earns from selling its products or services. Think of it as all the money that comes in before paying for anything.
- Net Profit: This is the money a company has left over after paying all its expenses, like salaries, rent, and taxes. It's the real profit they get to keep.
- Total Assets: These are all the valuable things a company owns. This can include buildings, land, machines, money in the bank, and even things like brand names.
Sri Lanka's Top Companies in 2022
The list below shows some of the largest publicly traded companies in Sri Lanka for 2022. "Publicly traded" means you can buy and sell parts of these companies (called shares) on a stock market. The numbers are in millions of Sri Lankan Rupees (LKR).
| Rank | Name | Revenue (millions LKR) | Profit (millions LKR) | Assets (millions LKR) | Market Cap. (millions LKR) | Industry |
|---|---|---|---|---|---|---|
| 1 | Hayleys PLC | 241,276 | 14,046 | 279,383 | 45,600 | Conglomerate |
| 2 | LOLC Holdings | 160,482 | 53,196 | 874,944 | 138,758 | Conglomerate |
| 3 | Hatton National Bank | 134,436 | 13,662 | 1,371,483 | 53,028 | Banking |
| 4 | Dialog Axiata | 120,142 | 12,003 | 187,693 | 106,260 | Telecommunications |
| 5 | Bukit Darah | 114,808 | 9,728 | 187,263 | 33,635 | Beverage |
| 6 | Expolanka Holdongs | 218,735 | 14,880 | 68,184 | 87,385 | Logistics |
| 7 | Commercial Bank of Ceylon | 151,966 | 17,087 | 1,762,496 | 96,140 | Banking |
| 8 | John Keells Holdings | 127,676 | 3,951 | 536,794 | 195,969 | Conglomerate |
| 9 | Carson Cumberbatch | 114,836 | 9,711 | 197,074 | 54,694 | Conglomerate |
| 10 | CT Holdings | 112,941 | 3,321 | 92,154 | 34,239 | Retail |
What These Companies Do
- Conglomerates: Companies like Hayleys PLC, LOLC Holdings, and John Keells Holdings are called "conglomerates." This means they own many different businesses that do different things. For example, they might own hotels, farms, and factories all at once!
- Banking: Banks like Hatton National Bank and Commercial Bank of Ceylon help people and businesses manage their money. They offer loans, savings accounts, and other financial services.
- Telecommunications: Dialog Axiata is a big telecommunications company. They provide services like mobile phone networks and internet access, helping people stay connected.
- Beverage: Bukit Darah is involved in the beverage industry, which means they produce and sell drinks.
- Logistics: Expolanka Holdings works in logistics. This involves managing how goods are transported, stored, and delivered around the world.
- Retail: CT Holdings is a retail company. This means they operate stores where people can buy products directly.
These large companies play a big role in Sri Lanka's economy by creating jobs and contributing to different industries.
See also
- List of companies of Sri Lanka
- List of government-owned companies of Sri Lanka
- List of largest public companies in Sri Lanka
- List of Sri Lankan public corporations by market capitalisation
