Softlogic Holdings

Sri Lankan conglomerate From Wikipedia, the free encyclopedia

Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, healthcare, retail, financial services, automobiles and leisure.[2][3]

Quick facts Type, Traded as ...
Softlogic Holdings PLC
TypePublic
CSE: SHL.N0000
ISINLK0386N00009
IndustryConglomerate
Founded1998; 28 years ago (1998)
FounderAshok Pathirage
Headquarters,
Sri Lanka
Key people
Ashok Pathirage (Chairman)
Products
RevenueDecrease LKR96.899 billion (2023)
Decrease LKR1.851 billion (2023)
Decrease LKR(23.657) billion (2023)
Total assetsDecrease LKR184.237 billion (2023)
Total equityDecrease LKR(17.872) billion (2023)
Owners
  • Asoka Pathirage (41.35%)
  • Samena Ceylon Holdings Limited (20.75%)
  • Haresh Kumar Kaimal (6.75%)
Number of employees
11,092 (2023)
Websitewww.softlogic.lk
Footnotes
[1]
Close

History

Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees.[4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications acquired the national dealership of Nokia in the year 2000.[3][5] Softlogic went through a period of aggressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms islandwide. Softlogic became the authorised dealer for Panasonic, Samsung, Nokia, Dell, Apple, Candy, Russell Hobbs, Kelvinator adding the brand names within its fold of Consumer Electronics. The branded apparel sector was also growing with the authorised distributor status for the jeanswear brand ‘Levis’ in 2009.[3]

Later Softlogic acquired and renovated Ceysands Hotels and Resorts jointly with Centara chain of Hotels. They also acquired Asiri group of hospitals as well as a large stake in the retail chain ODEL and built a 5-star 24-storey hotel with Movenpick in Colombo.[3][6][7][8]

Sectors

Healthcare

Softlogic Holdings is represented in the healthcare sector by Asiri Health chain of hospitals.[9][10]

Retail

Financial

ICT

  • Softlogic Information Technologies[17]
  • Softlogic Computers
  • Softlogic Communications
  • Softlogic International
  • Office Automation
  • Softlogic Australia
  • Softlogic Mobile Distribution
  • Softlogic BPO Services

Automobile

  • Softlogic Automobiles[18]
  • Future Automobile [19]

Leisure

Sports

References

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