Mon, 29 Nov 2021 Today's Paper

Ishara’s LOLC becomes third one billion dollar company on CSE

26 January 2021 10:04 pm - 1     - {{hitsCtrl.values.hits}}

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Dynamic business leader Ishara Nanayakkara-controlled LOLC Holdings PLC today became the third US $ 1 billion company on the Colombo Stock Exchange (CSE), behind John Keells Holdings PLC and Ceylon Tobacco Company PLC.

As at yesterday’s market close, LOLC Holdings’ market capitalization was Rs.198, 277, 200, 000.00, accounting for 5.25 percent of the CSE’s total market cap.

When the Central Bank’s indicative rate of Rs.196.15 per a US dollar is applied, the market cap of LOLC Holdings amounts to US $ 1.01 billion.

LOLC Holdings share yesterday closed at Rs.417.25, up by Rs.36 or 9.44 percent. The company has 475.2 million issued shares.

 

 

 

 

 

 

 

  Comments - 1

  • Cuban Cigar Friday, 29 January 2021 04:04 PM

    How is Ceylon Tobacco a US $1bn company? Are Sri Lankans mad to smoke their way to the grave?


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