Sri Lanka’s highest-grossing companies

Sri Lanka’s highest-grossing companies

Sri Lanka, a South Asian nation known for its strategic location and vibrant economy, is home to several prominent companies that contribute significantly to its GDP. These companies span diverse industries, including finance, telecommunications, manufacturing, and agriculture. Here are some of Sri Lanka’s highest-grossing companies:

1. John Keells Holdings (JKH)

John Keells Holdings is Sri Lanka’s largest listed conglomerate. With operations in diverse sectors such as leisure, transportation, retail, and real estate, JKH has a significant economic footprint. The company is particularly renowned for its leadership in the hospitality industry, owning several luxury hotel chains and resorts. Additionally, its supermarket chain, Keells, is one of the most recognized retail brands in the country.

2. Ceylon Tobacco Company (CTC)

As one of the oldest and most profitable companies in Sri Lanka, the Ceylon Tobacco Company dominates the tobacco industry. Affiliated with British American Tobacco, CTC contributes substantially to government revenue through taxes. Its flagship brands, such as Gold Leaf, are highly popular among Sri Lankan consumers.

3. Commercial Bank of Ceylon

The Commercial Bank of Ceylon is Sri Lanka’s largest private bank and one of the top contributors to the financial sector. It provides a wide range of banking services, including retail, corporate, and international banking. With a strong presence both domestically and internationally, the bank plays a crucial role in fostering economic growth.

4. Dialog Axiata

Dialog Axiata is Sri Lanka’s leading telecommunications provider. Part of the Axiata Group Berhad, Dialog offers mobile, broadband, and satellite TV services, making it a household name. Its investments in cutting-edge technology and nationwide coverage have made it a top revenue-generating company.

5. Hayleys PLC

Hayleys PLC is a diversified conglomerate with a history spanning over 140 years. Operating in sectors such as agriculture, manufacturing, transportation, and renewable energy, Hayleys contributes significantly to Sri Lanka’s export earnings. Its rubber products and activated carbon are particularly well-regarded in international markets.

6. Lanka IOC

Lanka IOC, a subsidiary of Indian Oil Corporation, is a major player in Sri Lanka’s energy sector. It manages fuel retail outlets and supplies petroleum products, contributing significantly to the country’s energy infrastructure and economy.

7. Hemas Holdings

Hemas Holdings operates in the consumer goods, healthcare, and leisure sectors. Known for its popular personal care brands and pharmaceutical distribution network, Hemas is one of Sri Lanka’s most trusted and profitable companies.

8. Sri Lanka Telecom (SLT)

As a leading telecommunication service provider, SLT offers fixed-line, broadband, and data services. It plays a vital role in connecting the nation through advanced communication solutions.

9. MAS Holdings

MAS Holdings is a global apparel manufacturer specializing in sportswear and lingerie. Partnering with international brands such as Nike, Victoria’s Secret, and Calvin Klein, MAS is one of Sri Lanka’s largest export-oriented companies.

10. Nestlé Lanka

A subsidiary of the global food and beverage giant Nestlé, Nestlé Lanka is a top contributor to Sri Lanka’s FMCG sector. Products like Milo, Maggi, and Nescafé are staples in Sri Lankan households.

These companies not only drive Sri Lanka’s economic growth but also contribute to employment generation, innovation, and global trade integration.