C T Holdings

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C T Holdings
TypePublic
CSE: CTHR
ISINLK0041N00000
Industry
Founded1928; 94 years ago (1928)
FounderChittampalam A. Gardiner
Headquarters
Colombo
,
Sri Lanka
Key people
  • Anthony Page (Chairman Emeritus)
  • Louis Page (Chairman)
  • Ranjit Page (Deputy Chairman/Managing Director)
RevenueIncrease LKR112,940 million (2021)
Increase LKR4,312 million (2021)
Increase LKR3,321 million (2021)
Total assetsLKR92,150 million (2021)
Total equityLKR31,310 million (2021)
Owner
  • Odeon Holdings (Ceylon) (42.09%)
  • Anthony Page (8.69%)
  • Ranjit Page (8.34%)
Subsidiaries
Footnotes / references
[1]

C T Holdings PLC formerly known as Ceylon Theatres Limited, is one of the largest conglomerate companies in Sri Lanka. The company is incorporated in 1928 by Chittampalam A. Gardiner and quoted in the Colombo Stock Exchange ever since. In 2019, Brand Finance ranked C T Holdings eighth amongst the most valuable conglomerates in Sri Lanka with a brand value LKR18,981 million.[2] C T Holdings also ranked eighth in the LMD 100, a list of leading listed companies in Sri Lanka by the business magazine, LMD.[3]

History[]

Empire Residencies building is completed in 2009

Ceylon Theatres Limited was founded by Sir Chittampalam A. Gardiner in 1928 mainly focusing on the entertainment industry.[1] In 1981, under the leadership of Albert A. Page the company acquired Millers and Cargills venturing into retailing and distribution. In 1991 the company build the Majestic City shopping complex and cineplex. Empire Residencies, a 37 and 33 storeyed residential apartment twin-tower completed in 2009. In 2010, the company name was changed from Ceylon Theatres to C T Holdings. Kotmale Holdings, a dairy products manufacturing company is acquired in 2011. The company acquired a license to operate a commercial bank, and Cargills Bank was launched in 2014. In the same year Cargills Square was established in Jaffna. In 2015, Empire Cineplex was established in Arcade Independence Square.[1]

Operations[]

The company operates cinemas such as Regal Colombo, Empire, and Majestic cinemas. The company has been described as one of the most traditionally managed family-held businesses in the country.[4] C T Holdings operates KFC and TGI Fridays franchises in Sri Lanka.[5]

See also[]

References[]

  1. ^ a b c "Annual Report 2020/21" (PDF). cse.lk. C T Holdings PLC. Retrieved 30 December 2021.
  2. ^ "Sri Lanka 100 2019" (PDF). brandfinance.com. Brand Finance. Retrieved 14 September 2021.
  3. ^ "LMD 100". lmd100.lk. LMD. Retrieved 14 September 2021.
  4. ^ "16. CT Holdings". businesstoday.lk. Business Today Online. Retrieved 26 February 2021.
  5. ^ "C T Holdings PLC". ft.com. Financial Times. Retrieved 26 February 2021.

External links[]

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