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The fourth annual version of the Most Awarded ranks the nation’s most embellished companies
LMD’s first of its type particular version celebrates the ‘Most Awarded’ organisations in Sri Lanka by tabulating the variety of awards and accolades gained by enterprise entities throughout calendar yr 2023. These main company entities are persistently recognised for his or her exceptional achievements, each regionally and internationally, contributing to the delight of the enterprise neighborhood and certainly, the nation.
On this fourth iteration of the pioneering annual rankings, Business Financial institution of Ceylon (ComBank) stands tall because the Most Awarded entity in Sri Lanka, having additionally secured the highest place within the inaugural version. ComBank accrued a powerful 106 awards throughout the yr – a notable enhance from the 78 awards conferred in 2022.
Following the chief is Nationwide Improvement Financial institution (NDB), which slipped to second place after two consecutive years on the helm. NDB garnered 83 awards throughout the calendar yr, which is 9 lower than the 92 awards it accrued in 2022. Talawakelle Tea Estates follows in third place, having gained 66 accolades – that is the primary time the regional plantation firm has damaged into the highest 50 because the inaugural version in 2020 when it debuted in fourth place.
Aitken Spence Lodge Holdings maintains fourth place for the second consecutive yr, securing 52 awards – a rise of 11 from the earlier version. In the meantime, Jetwing Motels climbs up the ladder with a tally of 44 awards (2022 – 21 awards), transferring up from 16th place within the 2022 rankings to No. 5.
Lanka Hospitals Company claims sixth place with 37 awards, adopted by Folks’s Financial institution (36 awards) at No. 7 whereas Amana Takaful and SLT-MOBITEL share the eighth spot with 34 awards every. Cinnamon Motels & Resorts rounds off the highest 10 with 33 awards gained throughout calendar yr 2023.
Main this version’s movers and shakers within the high 50 Most Awarded entities is WSO2, securing 20th place in comparison with its No. 153 rating within the 2022 version – a exceptional climb of 133 spots. It’s adopted by Teejay Lanka (No. 27 with 17 awards) and Hela Attire Holdings, which moved from No. 93 to 48 in 2023.
And the highest 50 rankings see the addition of 4 new entrants – viz. Talawakelle Tea Estates securing the third spot, Horana Plantations, Elpitiya Plantations and Phoenix Industries.
By way of sectoral illustration, the banking sector emerges because the dominant pressure within the 2023 Most Awarded rankings, boasting 427 awards – that’s greater than double the full of the second positioned manufacturing sector (173). Following the 2 leaders intently are the insurance coverage (155), hospitality (144) and plantations (133) sectors.
Notably, a considerable variety of the organisations featured within the rankings, totalling 1,258 awards, are listed on the Colombo Inventory Alternate (CSE). Moreover, there are 202 personal companies, together with 170 multinational companies and 104 state-owned entities (SOEs).
– LMD
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