GRI: 2-6
PURPOSE
Building great businesses with a dare to do spirit
VALUES
To always follow ethical business principles in transacting and managing business
Caring for stakeholders' interests
Commitment to excellence
Innovation and entrepreneurship
Logistics
Spearheaded by EFL Global, a world-leading service-driven logistics player ensuring safe, transparent, and on-time delivery of millions of products to our customers, every single day.
- Contributed 98.4% of Group revenue in FY 2023
- Operational in 39 countries across 4 continents
- Ranked amongst the leading global air and ocean freight forwarders
- Asset-light and customer-focused
- Working with leading global retail brands in North America
- Serving major manufacturing hubs of Asia, Africa, and Latin America
- Partnered with the largest air and sea freight carriers
- Growing domestic logistics capabilities in North America and Sri Lanka
- Acquisitions strengthening expansion in largest consumer markets: USA, Europe, and Asia
Services
- Air Freight
- Ocean Freight
- Consolidation services - CFS
- Warehousing
- Cross Dock and Transloading
- Drayage
- Brokerage
- 3PL
Industry verticals
- Apparels
- Technology
- Home furnishing
- Auto spares
- Pharmaceuticals
- Perishables
Leisure
Led by Classic Travel, Sri Lanka's largest travel company.
Markets
- Sri Lanka
- India
- Bangladesh
- United Arab Emirates
Services
- Corporate travel
- Outbound leisure
- Inbound destination management
- Visa solutions
- Ground services
Investment
Operations centred on two key growth verticals: international trading and Information Technology services.
Markets
- Middle East
- United States
- Europe
Services
- Trading: Trading of fresh produce, dried foods, and value added exports.
- IT: end-to-end IT solutions that support digital transformation.
Stable performance
- Rs. 546 Bn. Revenue
- Rs. 105 Bn. Gross Profit
- GP Margin grew to 19.3%
- Strong returns with EPS of Rs. 15.88
Capabilities for the future
- Capabilities for the future
- Continued deployment of technology capabilities
- 564% growth in training investment
- 16.6% growth in workforce
- 02 acquisitions completed, valued at USD 106.6 Mn.
Sustainable operations
- 42.4% reduction in Gross GHG Emissions (Scope 1 to 3)
- 19% increase in renewable energy generation