📈 Sumathi Holdings Celebrates 70 Years of Diversified Growth

Sri Lankan conglomerate Sumathi Holdings marked its 70th anniversary, tracing its origin back to a single 1956 betting shop on Maliban Street. The Group has now expanded into a multi-sector enterprise employing over 2,000 people. • Core Figures & Operations • Footprint: Operates 11 principal businesses supported by a workforce of 2,000+ employees. • Footprint Expansion: Over 200 Sporting Star outlets islandwide, alongside its online platform BetSS.com (launched 2019). • Key Sector Milestones & Diversification • ICT/BPM & Technology: Sumathi IT marks 25 years in network infrastructure, geospatial engineering, and enterprise drone solutions. Software arm Mainframe handles in-house tech and digital systems. • Healthcare: LifeServ marks 25 years as a market leader in drug-eluting stents, having expanded into an oncology division in 2025. • Renewable Energy: Sumathi Energy portfolio includes a 5MW solar plant and battery storage projects at Monaragala and Wewila. • Services & Hospitality: Great Wall Restaurants marks 35 years in operations. Additional arms include Lokx Security Services, InPrint Solutions (printing), gems, and film production. • Corporate Legacy & Leadership • Transitioned to third-generation leadership alongside Chairman Jagath Sumathipala following a 2017 Group restructuring, focusing on long-term expansion across tech, energy, and health sectors.