John keells new hotel colombo
John Keells Holdings
Sri Lankan conglomerate company
John Keells Holdings PLC (JKH) is a Sri Lankan multinational conglomerate company. It has business interests in hotels and resorts management, port, marine fuel and logistics services, IT services, manufacturing of food and beverages, supermarkets, tea, stock broking, life insurance, banking, and real estate.[citation needed]
JKH is a full member of the World Economic Forum[2] and has issued Global Depository Receipts on the Luxembourg Stock Exchange, and was the first Sri Lankan company to be listed overseas.
Keells is reportedly the most valuable company in Sri Lanka since the s.[3]
History
Edwin and George John founded John Keells in the s. They incorporated the company in Colombo, Ceylon with the name & Co. In they changed the name to John Keells. It was initially set up as a manufacturer of tea and essential foods.
In E. John & Co. merged with two UK based companies including Thompson and White & Co. Ltd.[4]
During the s and s, the company mainly focussed on new opportunities in the tourist industry. In , the name was changed again, from John Keells Ltd to John Keells Holdings Ltd. In /87 John Keells went public.[5]
Shareholding
The number of shares of John Keells is approximately Billion.
History of john keells hotels Download as PDF Printable version. In they changed the name to John Keells. Development [ edit ]. John Keells Logisitics.In , the share price of JKH reached Rs. The promoter group, the SK Captain family, hold % of the total shares whereas the remaining % shares are held by public shareholders, including Citigroup.[6]
Listing
The company's equity shares have been listed on the Colombo Stock Exchange since the s. As of , JKH's market capitalization stood at Rs billion, making it the largest company in Sri Lanka.[3] In the Global Depository Receipts issued by the company were listed on the Luxembourg Stock Exchange.
Company has received domestic credit rating of AAA (lka) from Fitch.[7] It was to become the 10th most valuable brand in Sri Lanka worth Rs. US$ million in (excluding Elephant House).[8]
Businesses and investments
Transportation
John Keells' total revenue from logistics was 10%, from transporting 12% and 5% from supply chain management.
John Keells Logistics (Pvt) Ltd. is a logistic, supply chain management and transportation management company. It is a subsidiary of John Keells. It is a recipient of the ISO and ISO certifications.[9]
Mackinnons is one of the oldest logistic companies in Sri Lanka. It was founded by India Steamship Company in Mackinnons Group was acquired by John Keells in the s.[10]
Startup accelerator
John Keells Holdings launched John Keells X in to boost creative and intellectual business talent in Sri Lanka via a competitive programme conceptualized and administered by John Keells Holdings PLC.
It includes investment in Blue lotus , DirectPay, HeliosP2P, SenzAgro.[11]
Finances
| Year | Revenue in bil. LKR | EBIT in bil.History of john keells hotels plc Krishan Balendra Chairman. Associated Newspapers of Ceylon Limited. Retrieved 24 May Wikiwand for Chrome. LKR | Profit in bil. LKR | Equity in bil. LKR | Capital employed in bil. LKR | Earnings per share LKR |
|---|---|---|---|---|---|---|
Source: Annual Report, /23 (p.
)[1]