Hemas Holdings

Hemas Holdings PLC is a diversified corporate with focused interest in consumer, healthcare, mobility and leisure. Hemas is a publicly listed company with over 8000+ employees.[2]

Hemas Holdings PLC
CSE: HHL.N0000
IndustryDiversified Corporate; Consumer, Healthcare, Leisure, and Mobility
Founded1948 (1948)
FounderSheikh Hasannally Esufally (MBE)
Headquarters75 Braybrooke Place,
Colombo 2,
Sri Lanka.
Key people
Husein Esufally (Chairman)
Steven Enderby (CEO)
Revenue Rs 61.632 billion (2020)[1]
Rs 3.561 billion (2020)[1]
Rs 1.363 billion (2020)[1]
Total assets Rs 64.390 billion (2020)[1]
Total equity Rs 31.474 billion (2020)[1]
OwnerA Z Holdings (15.79%)
Saraz Investments (15.03%)
Blueberry Investments (Pvt) Ltd (14.92%)
Amagroup (14.92%)
JPMLU-Franklin Templeton Investment Funds (5.73%)
Number of employees
 6,895 (2020)[1]
Websitewww.hemas.com

In 1948, Hemas started with simple intent: to help families live healthfully. Today, 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.

Today, Hemas is a public 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.[3]

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.[4][5] Kasturi also became the first female group CEO of a public quoted conglomerate in Sri Lanka.[6] 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.[7]

On 15th December 2020, Hemas announced they sells Serendib Hotels to LOLC Group for Rs. 792 million.[8]

References
  1. "Hemas Holdings Annual Report 2019/20" (PDF). CSE. Colombo Stock Exchange. 6 July 2020. Retrieved 16 December 2020.
  2. "Hemas Holdings Annual Report 2019/20" (PDF).
  3. "Hemas wins Asia's Most Socially Responsible Company Award". www.dailymirror.lk. Retrieved 6 August 2020.
  4. LBO (25 June 2020). "Kasturi Wilson to succeed Steven Enderby as CEO of Hemas". Lanka Business Online. Retrieved 25 June 2020.
  5. "Kasturi to succeed Steven Enderby as Hemas Group CEO | Daily FT". www.ft.lk. Retrieved 27 June 2020.
  6. "Kasturi Chellaraja Wilson appointed as the Group ceo of Hemas Holdings plc". www.dailymirror.lk. Retrieved 25 June 2020.
  7. "Sri Lanka : Kasturi Chellaraja Wilson to succeed Steven Enderby as CEO of Hemas". www.colombopage.com. Retrieved 25 June 2020.
  8. "Sri Lanka's Hemas Holdings sells Serendib Hotels to LOLC". EconomyNext. 15 December 2020. Retrieved 16 December 2020.
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