Softlogic Holdings Plc operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Softlogic Holdings Plc with three other
department stores in Asia:
New World Department Store China Limited
sales of 2.02 billion Chinese Renmimbi [US$311.83 million]
of which 91%
was Department Stores),
T.O. Holdings Co Ltd
(35.63 billion Japanese Yen [US$343.16 million]
of which 38%
was Distribution), and
Daiwa Company Limited
based in JAPAN
(43.67 billion Japanese Yen [US$420.52 million]
of which 95%
was Department Store Business).
During the year ended March of 2020, sales at
Softlogic Holdings Plc were 73.19 billion Sri Lanka Rupees (US$379.86 million).
increase of 2.4%
versus 2019, when the company's sales were 71.47 billion Sri Lanka Rupees .
This was the fifth consecutive year of sales increases at Softlogic Holdings Plc
(and since 2015, sales have increased a total of 85%).
Sales of Healthcare saw an increase
that was more than double the company's growth rate: sales were up
15.1% in 2020, from
13.47 billion Sri Lanka Rupees to 15.51 billion Sri Lanka Rupees .
Softlogic Holdings Plc also saw significant increases in sales in
Finance Sector (up 14.4% to 15.60 billion Sri Lanka Rupees )
Information Technology (up 13.3% to 4.58 billion Sri Lanka Rupees )
Others (up 10.3% to 13.97 million Sri Lanka Rupees )
Not all segments of Softlogic Holdings Plc experienced an increase in sales in 2020:
sales of Automobiles and Home Appliances fell 73.4% to 835.74 million Sri Lanka Rupees .
(However, this segment's sales were only a very small portion of the company's overall sales).
Softlogic Holdings Plc also experienced decreases in sales in
Travel and Leisure (down 29.8% to 2.20 billion Sri Lanka Rupees )