Shivani Hegde, Managing Director receiving the BT TOP 30, 2016-2017 award from Honourable Ranil Wickremesinghe, Prime Minister of Sri Lanka
Our Company was recognised as one of Sri Lanka’s top corporate performers in the ‘Business Today TOP 30’. We were ranked No. 11 amongst Sri Lanka’s top thirty leading corporates for the year 2016-2017, in recognition of consistent financial performance and contribution to the Sri Lankan economy through investment in rural development. We were also the highest ranking company amongst Food & Beverage companies in the list.
The awards ceremony was held under the patronage of Prime Minister, Hon. Ranil Wickremesinghe and Prof. Maithree Wickramasinghe.
This marks our third win in the BT TOP corporates ranking. We have been previously ranked No. 13 amongst Sri Lanka’s top twenty five leading corporates, 2012 -2013 and No. 9 in BT TOP 30, 2015-2016.
Business Today, a leading monthly business magazine in Sri Lanka, has been hosting the Business Today TOP 30 awards since 1997. The Business Today TOP 30 awards are judged based on the published information of listed companies on the Colombo Stock Exchange. It evaluates company performance recorded during the financial year ending December 31 and March 31, with the assistance of KPMG, Ford Rhodes, Thornton & Co in Sri Lanka.
In addition to considering the contending companies’ revenue as criteria for the selection, several other established criteria are also similarly considered. These include: share turnover, revenue, profit after tax, growth in sales turnover, growth in profit, return on equity, growth in earnings per share, market capitalisation, value of shares transacted and value addition.