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LOLC Holdings PLC

Financial Services
+94 11 5 880880
Sri Jayawardenepura Mawatha, Sri Jayawardenepura Kotte, Western Province, Sri Lanka, Sri Jayawardenepura Kotte, Western Province
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About LOLC Holdings PLC

LOLC Holdings PLC is a prominent Sri Lankan conglomerate listed on the Colombo Stock Exchange. It has evolved from its origins as Lanka ORIX Leasing Company into a diversified group with significant presence in various sectors including financial services, agriculture, leisure, energy, construction, information technology, and manufacturing[1][3][5]. ### Key Features of LOLC Holdings PLC - Diversification: LOLC Holdings operates across multiple sectors, offering a wide range of services and products. This includes leasing, lending, insurance, microfinance, agricultural solutions, hotel management, construction, and IT solutions[1][3]. - Global Presence: The company has expanded its operations beyond Sri Lanka to countries like Cambodia, Myanmar, Indonesia, Pakistan, Philippines, Zambia, and Nigeria, among others[1][5]. - Financial Performance: LOLC Holdings has shown significant financial growth, with a market capitalization exceeding $1 billion by January 2021. It has been among the most profitable companies in Sri Lanka, although it has focused on expansion rather than dividend payments[1]. - Subsidiaries and Partnerships: LOLC has numerous subsidiaries across different sectors, including Seylan Bank, LOLC Finance, and Browns Investments PLC. It has also partnered with major companies like China Harbour Engineering Company Limited for significant projects[1]. - Sustainability and Social Impact: LOLC is committed to sustainable development and aligns its operations with the UN Sustainable Development Goals. It focuses on financial inclusion, green financing, and community development[5]. ### Leadership and Structure - Headquarters: LOLC Holdings is headquartered in Rajagiriya, Sri Lanka[3]. - Leadership: The company is led by a team of experienced directors and executives, including Waduthanthri Dharshan Kapila Jayawardena as the Group MD, CEO & Executive Director[3]. Overall, LOLC Holdings PLC is a dynamic and expanding conglomerate with a strong presence in both local and international markets.

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