Shivani Hegde, Managing Director receiving the BT TOP 30, 2017-2018 award from Honourable Nimal Siripala de Silva, Minister of Transport & Civil Aviation
Our Company was recognised as one of Sri Lanka’s top corporate performers in the ‘Business Today TOP 30’. We were ranked No. 19 amongst Sri Lanka’s top thirty leading corporates for the year 2017-2018, in recognition of our enduring commitment to the country; enabling growth, providing economic and social opportunities, and enhancing the quality of life of the Sri Lankan people. We were also the highest ranking company amongst Food & Beverage companies in the list.
The awards ceremony was held under the patronage of His Excellency the President, Maithripala Sirisena.
This marks our fourth 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; No. 9 in BT TOP 30, 2015-2016; and No. 11 amongst Sri Lanka’s top thirty leading corporates for the year 2016-2017.
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.