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Sunshine

Company Overview

Item Description
Name

Sunshine Holdings PLC

Brief

Sunshine Holdings PLC, a Sri Lankan conglomerate, operates in healthcare, consumer goods, and agribusiness. Established in 1973 and listed on the Colombo Stock Exchange in 1983, it ranked 45th in the LMD 100 for revenue in 2020/21. Originating in 1967 with Lanka Medicals pharmacy, it expanded with the opening of a 'super centre' in Kandy in 1977. Celebrating its 50th anniversary in 2017, Sunshine Holdings was the 16th largest conglomerate in Sri Lanka in 2019. The company diversified by acquiring Daintee, a confectionery manufacturer, for LKR 1.7 billion in 2020, aiming to expand beyond its flagship brand, Watawala tea. Additionally, it merged its healthcare business with Akbar Brothers healthcare division.

Industry

Conglomerate

Location

Sri Lanka

Founded

1973

IPO

1905-06-05 00:00:00

Main Stock Exchange

CSE Main Board

Website

https://www.sunshineholdings.lk/

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