:: About Us...

Singer has been in Sri Lanka since 1877, when the first Singer sewing machines went on sale at a Colombo store.

Today, Singer (Sri Lanka) PLC. is a large, diversified company with unmatched presence throughout Sri Lanka. It remains a member of the worldwide franchise of Singer.

Beginning with the sewing machine, Singer’s product portfolio has diversified to encompass a highly successful multi-brand strategy combining products of top world marques with the company’s own products across a range of household, industrial and financial categories.

:: About Us...
Singer (Sri Lanka) PLC. Registered Office...
Singer (Sri Lanka) PLC, No.80,
Nawam Mawatha,
Colombo 2.
+94-011-5400400
Fax: 094-011-2423544
Bankers:
  • Commercial Bank of Ceylon Ltd.
  • Nations Trust Bank
  • Sampath Bank Ltd.
  • Seylan Bank Ltd.
  • Bank of Ceylon
  • The Hongkong & Shanghai Banking Corporation Ltd.
  • Union Bank
  • Deutsche Bank AG
  • Hatton National Bank Ltd.
  • People's Bank
  • Pan Asia Bank Ltd.
  • NDB Bank Ltd.
  • Standard Chartered Bank Ltd.
Auditors:
KPMG Ford, Rhodes, Thornton & Co.
Chartered Accountants
32A, Sir Mohamed Macan Markar Mawatha,
P.O. Box 186,
Colombo 03.
Registrars:
Business Intelligence Limited
No. 201, De Saram Place,
Colombo 10.
Secretary:
H. A. Pieris
Lawyers:
Murugesu & Neelakandan
Attorneys-at-Law
No. 2, Deal Place, Colombo 3
:: Financial Information
Annual Reports 2010
Highlights 2010 :
Rs. ' 000
Group Revenue - Net:
16,028,534
Profit before Tax :
 1,167,862
Profit after Tax :
668,819
Issued Share Capital :
626,048
Stated Capital :
626,048
Revenue Reserve :
2,578,325
Shareholder's Funds :
4,103,897
Property, Plant & Equipment - Net :
1,564,240
Investments :
40,586
Net Current Assets :
1,846,308
Gross Dividends :
281,722
Dividend per Share :
Rs. 4.50
Earnings per Share :
Rs. 10.67
Net Assets per Share :
Rs. 61.97
Market Value per Share :
Rs. 195.00
Net Income to Net Turnover :
4.17%
Return on Average Net Revenue :
18.79%
Our Vision
To be the foremost appliance retailer in Asia Pacific.
Our Mission
To improve quality of life by providing comforts and conveniences at fair prices.
Our Values

Consumers

We live up to the expectations of a responsible organisation by contributing to the improvement in the quality of life of our customers through outstanding products & services.

Employees

We respect each other as individuals and encourage cross functional teamwork while providing opportunities for career development.

Shareholders

We provide a reasonable return while safeguarding their investment.

Suppliers

We develop our suppliers to be partners in progress and we share our growth with them.

Competitors

We respect our competitors and recognise their contribution to market value.

Community

We conduct our business by conforming to the ethics of our country and share the social responsibility of the less fortunate.

Our Objectives
  • To be the Market Leader in our Product and Market Segment.
  • Provide our Consumers with the Best Service and Shopping Experience in the Island.
  • Provide our Consumers with Products of latest Technology.
  • Develop our Employees to achieve their real Potential.
  • Provide our Shareholders with steady Asset Growth and Return on Investment above our industry norm.
  • Grow our Revenue and Profits at a rate above the current Industry Norm.