Singer (Sri Lanka) PLC

Singer (Sri Lanka) PLC

CCSELK:SINS.N0000
68.00
LKR
-2.90
(-4.09%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Mahesh Hiranya Wijewardene
Full Time Employees
3,689
Sector
Retail trade
Industry
Electronics/Appliance stores
Address
Colombo Sri Lanka
IPO Date
Jan 1, 1981
Business
Singer (Sri Lanka) PLC is a Sri Lanka-based retailer, distributor, and manufacturer of consumer electronics, home appliances, IT and digital media products, furniture, sewing machinery, and industrial equipment. Operating as a subsidiary of Hayleys PLC, the company serves retail, commercial, agricultural, and industrial customers across Sri Lanka through an extensive nationwide network of Singer Mega, Singer Plus, and Singer Homes retail outlets, as well as an authorized dealer network and direct digital channels. The company offers a comprehensive portfolio of products organized across several key business lines: Consumer electronics and home appliances, which includes smart televisions, audio systems, home entertainment systems, refrigerators, bottle coolers, deep freezers, automatic and semi-automatic washing machines, split-type and inverter air conditioners, microwave ovens, gas and electric cookers, built-in kitchen hobs, air fryers, blender units, food processors, rice cookers, electric kettles, water heaters, and domestic fans marketed under proprietary brands such as Singer, SISIL, and UNIC, alongside partner brands including Samsung, Sony, Hitachi, TCL, Beko, Whirlpool, Tefal, Moulinex, and Sharp; Digital media and information technology products, comprising laptops, desktop computers, gaming notebooks, enterprise workstations, tablets, smartphones, feature phones, computer peripherals, printers, and connectivity solutions representing international technology brands such as Dell, ASUS, Acer, Apple, and Honor; Sewing and craft machinery, consisting of domestic mechanical and computerized zigzag sewing machines, heavy-duty artisan machines, industrial garment-manufacturing machinery, computerized embroidery units, overlockers, and haberdashery accessories; Furniture and home living solutions, featuring modern and contemporary bedroom suites, dining suites, living room sofas and recliners, ergonomic office desks and seating, modular pantry systems, and orthopedic spring and foam mattresses; Industrial and agricultural machinery, covering farm tractors, power tillers, diesel and petrol water pumps, electric generators, lawnmowers, brush cutters, mist blowers, and light construction apparatus; Financial and after-sales support services, providing hire purchase consumer financing, extended warranty programs, technical maintenance, and genuine spare parts replacement through a dedicated islandwide service center network. In recent corporate developments, Singer (Sri Lanka) PLC completed the corporate amalgamation of its key manufacturing subsidiaries, Regnis (Lanka) PLC and Singer Industries (Ceylon) PLC, consolidating its refrigerator, washing machine, and sewing machine manufacturing operations directly under the parent entity to streamline operational efficiency, eliminate structural redundancies, and optimize supply chain synergies. The company has expanded its authorized technology distribution partnerships, notably broadening its portfolio with Honor mobile devices and expanding ASUS consumer and commercial computing lineups. Additionally, Singer has diversified its product architecture into renewable energy and energy-management solutions, introducing residential and commercial solar photovoltaic systems, smart hybrid inverters, and high-efficiency inverter appliances. The group has also accelerated its omnichannel modernization by revamping its Singer.lk digital commerce infrastructure, integrating real-time store inventory visibility, nationwide fulfillment logistics, and digital installment-payment platforms, while simultaneously reformatting its physical retail stores into modern experiential lifestyle and tech retail centers across major metropolitan and suburban commercial hubs. Singer (Sri Lanka) PLC traces its origins to 1877 as a branch office of the Singer Sewing Machine Company, was incorporated in Sri Lanka in 1974, and is headquartered in Colombo, Sri Lanka.