Analysis of ratios
Introduction to the companies.
Cargills (Ceylon) PLC
Cargills is Sri Lanka’s largest modern retailer. Its pioneer venture into modern trade was an innovation of the company’s trading legacy.
Thereafter Cargills Food City continued to challenge the norm by taking to the masses what was traditionally an affluent focused business and offering ‘higher value for the lowest price’.
Today the Cargills retail operation is spread across the island as ‘Cargills Food City’ supermarkets and ‘Cargills Food City Express’ convenience stores. Cargills Food City has been consistently featured among the top brands in the country, and was rated the 4th most valuable brand in Sri Lanka as per the Brand Finance Index ratings of 2013.
A glimpse in to the history of Cargills (Ceylon) PLC
In 1844, William Miller and David Sime Cargill commenced a general warehouse, import and wholesale business in Colombo-Fort. The establishment was named the ‘House of Cargills’. A successful bid by Sir Chittampalam A. Gardiner saw the House of Cargills being incorporated as a Public Limited Liability Company on 1 March 1946.
In 1981 Ceylon Theatres acquired controlling interest of the Company and Mr. Albert A. Page was appointed the Managing Director. Mr. Albert Page went on to become the Chairman of Cargills on 26 November 1982.
Under the new management, Cargills explored the potential of innovating on its trading legacy. As a result, in 1983 Cargills established the first supermarket chain in Sri Lanka with the opening of its first outlet at Staple Street.
Cargills ventured into the production of processed meats in 1993 when the Company invested in its first manufacturing facility Cargills Quality Foods, in Mattakkuliya. In 1996 Cargills acquired the franchise license for KFC and innovated on its secret recipe to deliver products that suited the local palate.
Cargills began sourcing fruits and vegetables directly from farmers in 1999 when it established its first
Cargills (Ceylon) PLC
Cargills is Sri Lanka’s largest modern retailer. Its pioneer venture into modern trade was an innovation of the company’s trading legacy.
Thereafter Cargills Food City continued to challenge the norm by taking to the masses what was traditionally an affluent focused business and offering ‘higher value for the lowest price’.
Today the Cargills retail operation is spread across the island as ‘Cargills Food City’ supermarkets and ‘Cargills Food City Express’ convenience stores. Cargills Food City has been consistently featured among the top brands in the country, and was rated the 4th most valuable brand in Sri Lanka as per the Brand Finance Index ratings of 2013.
A glimpse in to the history of Cargills (Ceylon) PLC
In 1844, William Miller and David Sime Cargill commenced a general warehouse, import and wholesale business in Colombo-Fort. The establishment was named the ‘House of Cargills’. A successful bid by Sir Chittampalam A. Gardiner saw the House of Cargills being incorporated as a Public Limited Liability Company on 1 March 1946.
In 1981 Ceylon Theatres acquired controlling interest of the Company and Mr. Albert A. Page was appointed the Managing Director. Mr. Albert Page went on to become the Chairman of Cargills on 26 November 1982.
Under the new management, Cargills explored the potential of innovating on its trading legacy. As a result, in 1983 Cargills established the first supermarket chain in Sri Lanka with the opening of its first outlet at Staple Street.
Cargills ventured into the production of processed meats in 1993 when the Company invested in its first manufacturing facility Cargills Quality Foods, in Mattakkuliya. In 1996 Cargills acquired the franchise license for KFC and innovated on its secret recipe to deliver products that suited the local palate.
Cargills began sourcing fruits and vegetables directly from farmers in 1999 when it established its first