Softlogic Holdings

From Wikipedia, the free encyclopedia

Softlogic Holdings PLC
TypePublic
CSE: SHL.N0000
ISINLK0386N00009
IndustryConglomerate
Founded1991; 31 years ago (1991)
FounderAshok Pathirage
Headquarters
Sri Lanka
Key people
A. K. Pathirage (Chairman)
T. M. I. Ahamed (CEO)
ProductsICT, Healthcare, Retail, Financial services, Automobiles, Leisure
RevenueIncrease Rs 13.123 billion (2019)[1]
Increase Rs 2.603 billion (2019)[1]
Increase Rs 2.172 billion (2019)[1]
Total assetsIncrease Rs 20.682 billion (2019)[1]
Total equityIncrease Rs 8.219 billion (2019)[1]
Owner
  • Asoka Pathirage (40.78%)
  • Samena Ceylon Holdings Limited (20.75%)
  • Haresh Kumar Kaimal (6.74%)
Number of employees
Increase 3,723 (2019)[1]
Websitesoftlogic.lk
Footnotes / references
[2]

Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, healthcare, retail, financial services, automobiles and leisure.[3][4]

History[]

Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees.[5] 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.[4][6] 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.[4]

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.[4][7][8][9]

Sectors[]

Healthcare[]

Softlogic Holdings is represented in the healthcare sector by Asiri Health chain of hospitals.[10][11]

Retail[]

  • Consumer Electronics [12]
  • Branded Apparels - Galleria, ODEL[12][13]
  • Furniture [12]
  • Restaurants - Burger King, Baskin Robbins, Wan -ge - diya, Delifrance [12][14]
  • Softlogic Glomark Supermarkets [12]

Financial[]

  • Softlogic Finance PLC[15]
  • Softlogic Life Insurance PLC [15]
  • Softlogic Stockbrokers (Pvt) Ltd[16]

ICT[]

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

Automobile[]

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

Leisure[]

Sports[]

References[]

  1. ^ a b c d e f "Softlogic Annual Report 2019/20" (PDF). www.softlogiclife.lk. Soflogic PLC. 31 March 2020. Retrieved 15 December 2020.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Annual report 2019/20" (PDF). cse.k. Softlogic Holdings PLC. Retrieved 15 July 2021.
  3. ^ "Mango opens first store in Colombo". Daily News. 27 December 2011. Retrieved 12 September 2016.
  4. ^ a b c d "Our History". www.softlogic.lk. Softlogic. Retrieved 12 September 2016.
  5. ^ "Financial Times".
  6. ^ "Simple Business Logic".
  7. ^ "Softlogic Holdings PLC". www.softlogic.lk. Softlogic. Retrieved 12 September 2016.
  8. ^ "Softlogic on target with new ODEL mall, Kandy hospital and Movenpick Hotel |". The Sunday Times. Retrieved 12 September 2016.
  9. ^ "President launches Mövenpick's Five-Star Colombo Hotel". Retrieved 16 February 2017.
  10. ^ "Asiri Hospitals relaunches as 'Asiri Health'". Retrieved 16 February 2017.
  11. ^ "Healthcare sector". Softlogic.
  12. ^ a b c d e "Softlogic Holdings PLC". www.softlogic.lk. Retrieved 8 April 2017.
  13. ^ "Online Fashion Store | ODEL Sri Lanka | Online Shopping Sri Lanka". www.odel.lk. Retrieved 8 April 2017.
  14. ^ "Security Check Required". www.facebook.com. Retrieved 8 April 2017.
  15. ^ a b "Softlogic Life". www.softlogiclife.lk. Retrieved 8 April 2017.
  16. ^ "Stock Broking - Softlogic Stockbrokers". www.softlogicequity.lk. Retrieved 8 April 2017.
  17. ^ "Softlogic Holdings PLC". www.softlogic.lk. Retrieved 8 April 2017.
  18. ^ "Welcome to Daihatsu". www.daihatsu.lk. Retrieved 8 April 2017.
  19. ^ "www.fordsrilanka.com". www.fordsrilanka.com. Retrieved 8 April 2017.
  20. ^ www.centarahotelsresorts.com, Centara Hotels and Resorts in Thailand & International -. "Bentota Stays|Centara Ceysands Resort & Spa Sri Lanka". www.centarahotelsresorts.com. Retrieved 8 April 2017.
  21. ^ "Mövenpick Hotel Colombo | 5 Star Hotel in Colombo City Center". www.movenpick.com. Retrieved 8 April 2017.
  22. ^ "Softlogic Holdings to take ownership of Colombo Franchise for LPL 2021". The Papare. Retrieved 20 November 2021.
  23. ^ "Softlogic Holdings to take ownership of Colombo Franchise for LPL 2021 | Daily FT". www.ft.lk. Retrieved 20 November 2021.
Retrieved from ""