Hemas Holdings

Hemas Holdings PLC is a diversified corporation with a focused interest in consumer, healthcare, and mobility. Hemas is a publicly listed company with 5,380 employees.[1]

Hemas Holdings PLC
TypePublic
CSE: HHL.N0000
ISINLK0337N00002
Industry
FoundedDecember 10, 1948 (1948-12-10)
FounderSheikh Hassanally Esufally
Headquarters
Colombo
,
Sri Lanka
Key people
RevenueIncrease LKR113.940 billion (2023)
Increase LKR10.963 billion (2023)
Increase LKR5.068 billion (2023)
Total assetsIncrease LKR98.498 billion (2023)
Total equityIncrease LKR39.120 billion (2023)
Number of employees
Decrease 5,380 (2023)
SubsidiariesHemas Hospitals
RatingFitch: AAA(lka)
Websitewww.hemas.com
Footnotes / references
[1]

History

In 1948, Hemas started with a simple intent: to empower families to aspire for a better tomorrow. As of 2021, Hemas operates in Sri Lanka, Bangladesh, India and Myanmar, bringing healthful living to life through its offerings.

Over the past 70+ years, Hemas has created daily moments of joy through a portfolio of products and services that delights in its utilitarianism; practiced a more robust version of health that moves beyond the absence of illness; and championed a more inclusive world that celebrates equal opportunity, integration and harmony. These actions have enabled the Group to offer meaningful interventions to all the stakeholders they serve and to showcase Sri Lankan products on the world stage.

Operations

Today, Hemas is a publicly quoted company listed on the Colombo Stock Exchange with over 4,000 shareholders and is regarded as one of the most respected and transparent companies in Sri Lanka and Asia's Most Socially Responsible Company.[2]

On 25 June 2020, Kasturi Chellaraja Wilson was appointed as the CEO of Hemas Holdings and will replace Steven Enderby as the CEO with effect from 1 October 2020 as a part of the company's succession plan.[3][4] Kasturi also became the first female group CEO of a public quoted conglomerate in Sri Lanka.[5] She was also appointed as the deputy CEO of Hemas Holdings and will resume her duties as the deputy CEO with effect from 1 July 2020.[6]

On 15 December 2020, Hemas announced they will sell Serendib Hotels to LOLC Group for LKR792 million.[7]

References
  1. "Annual Report 2022/23" (PDF). cse.lk. Hemas Holdings PLC. Retrieved 24 May 2023.
  2. "Hemas wins Asia's Most Socially Responsible Company Award". dailymirror.lk. Retrieved 6 August 2020.
  3. LBO (25 June 2020). "Kasturi Wilson to succeed Steven Enderby as CEO of Hemas". Lanka Business Online. Retrieved 25 June 2020.
  4. "Kasturi to succeed Steven Enderby as Hemas Group CEO | Daily FT". ft.lk. Retrieved 27 June 2020.
  5. "Kasturi Chellaraja Wilson appointed as the Group ceo of Hemas Holdings plc". dailymirror.lk. Retrieved 25 June 2020.
  6. "Sri Lanka: Kasturi Chellaraja Wilson to succeed Steven Enderby as CEO of Hemas". colombopage.com. Retrieved 25 June 2020.
  7. "Sri Lanka's Hemas Holdings sells Serendib Hotels to LOLC". EconomyNext. 15 December 2020. Retrieved 16 December 2020.
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