Cable Solutions which has its main production facility at the Flinth Industrial Park, is a BOI enterprise with a state-of-the-art industrial environment set up by Swedcord Development, Sweden. The company exports to India, Australia and countries in Europe, and has recently begun exports to China. Locally, Cable Solutions supplies many leading businesses that have hitherto depended on imported cables. The company’s latest achievement is becoming the first cable manufacturing company in Sri Lanka to be granted the prestigious Underwriters Laboratories (UL) Certification for its products.
The Finance Company has been placed on a vigorous recovery platform and set to breakeven in the second quarter of 2016.
The company within one year has achieved a 300 % growth, company Managing Director Aruna Prasad Lekamge said at its 75th year celebrations held in Colombo.
The most remarkable achievement for the company during the recent past is its recovery after facing the results of the Ceylinco collapse. The Finance remained the leader among all financial companies until it faced a sudden descend as a result of the Ceylinco debacle in 2008.
However underpinning the strengths of the...