Melstacorp

Overview

Melstacorp PLC

type	Public
isin	isin: LK0450N00003
industry	Beverages Diversified Financial services IT/BPO Manufacturing Health Telecommunications Plantation Power Hospitality Logistics Media
founded	February 3, 1998
hq location city	Colombo
hq location country	Sri Lanka
key people	Hasitha Jayawardena (Chairman) Jude Fernando (Group CEO)
revenue	LKR182.990 billion
revenue year	2022
operating income	LKR22.651 billion
income year	2022
net income	LKR17.635 billion
net income year	2022
assets	LKR311.947 billion
assets year	2022
equity	LKR136.333 billion
equity year	2022
num employees	22,765
num employees year	2022
parent	Milford Exports (42.802%)
subsid	See text
website	https://melstacorp.com/
footnotes	‡R1R‡

Melstacorp PLC is a Sri Lankan diversified conglomerate. It is listed in the Colombo Stock Exchange.[2] Melstacorp PLC is one of the 10 largest listed companies. It has a market capitalization of approximately USD 450 million.

Hasitha Jayawardena is the chairman of the company[3] while Jude Fernando functions as the group CEO.[4]

History

Melstacorp PLC was originally formed as Beruwala Distillery (Private) Limited in 1995. Distilleries Company of Sri Lanka (DCSL) acquired the Company and renamed it Melstacorp Limited in order to subsequently make it the holding Company of the then DCSL group. All subsidiary companies of DCSL were transferred to the Company between 2010 and 2015. In 2016 through a 180-degree share swap, Melstacorp became the holding company of DCSL.[5]

Melstacorp

History

Subsidiaries

References