Items filtered by date: July 2016

Healthcare arm of the diversified Sunshine Holdings conglomerate presents over 140 awards to staff at gala Sunshine Awards Night

Sunshine Healthcare Lanka Ltd. (SHL), the healthcare arm of diversified Sunshine Holdings PLC, paid rich tribute to the valuable contributions of its employees, by presenting them with more than 140 awards at the company’s gala Sunshine Awards 2016.

At the event, the senior management of Sunshine Holdings and Sunshine Healthcare, as well some of their healthcare principals joined more than 650 employees of the company who were present in applauding the many diverse employee achievements. Over 90 Excellence Awards (which recognized significant contributions towards achieving the company’s goals in 2015/16) and 24 Long-standing Service Awards were presented at the event held under the inspiring theme – ‘Passion to Win.’

Supported by the committed efforts of its employees, Sunshine Healthcare recorded several important achievements in 2015/16 – including exceeding targets set for the year – which were celebrated at the Sunshine Awards held at the Hilton Colombo Residences. The Zydus Cadila, 3M Healthcare and Johnson & Johnson Medical teams of the company were recognized by their principals for their outstanding performance at the International level in 2015/16. The network of stores of Healthguard – the country’s premier urban pharma, wellness and beauty retail chain – was also expanded to 24 stores during the year.

“Employee commitment is particularly essential in an industry such as healthcare – which makes a significant impact on the lives and wellbeing of thousands of people across the country,” Sunshine Healthcare Lanka Managing Director – Shyam Sathasivam said. “We therefore greatly appreciate the dedication and valuable contributions of our staff. Engagements seeking to strengthen ties with employees have clearly yielded good results – as reflected in zero turnover among our sales force. We hope to build further on these achievements to become the most preferred employer in the healthcare industry.”

The Chairman’s Awards – the most prestigious awards presented at the event – were presented to six individuals and two teams by Sunshine Healthcare Chairman – Vish Govindasamy. The Kelaniya team clinched the Chairman’s Award for the Best Sales Team while the Zydus Cadila team was recognized as the Best Marketing Team. The Chairman’s Awards presented to individuals were won by; Best Manager (Sales) – Ruwan Jayasooriya, Best Manager (Marketing) – Risidath Edirisuriya and Sameera Perera, Best Sales Representative – Sasindu Anuradha and Best Medical Marketing Executive – Thevarasa Gogulan and Tharindu Darshana Dias.

The Managing Director’s Awards recipients were; Best Performer (Support Services) – Nirmala Veluraj, Best Performer (Supply Chain) – Tharindu De Silva, Best Performer (Distributions) – Sarath Somasiri, Best Performer (Healthguard) – Amitha Pradeep, Best Senior Manager (Marketing) – Murugaverl Selvavinayakan, Best Senior Manager (Sales) – Joseph Santhirakasan, Best Delivery Coordinator – Arumugam Yoganathan and Best Pharmacist (Healthguard) – Amara Chandrakanthi. The ‘Passion to Win’ award was clinched by Sellathurai Logeswaran.

Sunshine Healthcare Lanka (SHL), a fully owned subsidiary of Sunshine Holdings PLC, has been involved in the healthcare business since 1967 – for nearly half a century – after commencing operations as a retail pharmacy. Today Sunshine Healthcare markets over 650 pharmaceuticals, wellness brands, medical diagnostic equipment and surgical products to all pharmacies and hospitals island wide and accounts for a significant share of the country’s private healthcare sector.

Published in Miscellaneous

John Keells Office Automation (Pvt) Ltd (JKOA) felicitated their top dealers, to reward their efforts and celebrate their successes at a dealer convention recently. 180 members of the network including dealers and their supporting teams attended the event held at the Oak Room, Cinnamon Grand Colombo.

JKOA is the market leader in office automation solutions, with a product portfolio that includes renowned global brands such as Samsung, Toshiba and Hitachi. Its service portfolio consists of warranty support, replacement of defective parts, operating system installation and optimization and hardware and warranty extension upgrades. JKOA is a subsidiary within the Information Technology sector of John Keells Holdings PLC, Sri Lanka’s most respected conglomerate.

The company’s extended markets are serviced by a growing base of office automation dealer’s located island wide. It was their performance that was recognized at the convention with awards given out to top performers from Colombo and outstation networks.

Awards were presented in the categories of Best Sales Representative, Best Dealer-Consumable Sales and Best Dealer Performance. Dealer performance in particular was adjudged based on a selection criteria such as achievement in consumable sales targets, year on year sales growth, market coverage, average payment settlement period, dedicated staff performance, customer relationships and promotional activities.

“Our strong dealer network is crucial to JKOA’s success,” stated Malik Edwin (Head of Marketing & Business Development JKOA /Assistant Vice President John Keells Group) “Over the last year they have boosted our market share with widespread promotional activities and a consistent and dedicated sales team, keeping JKOA at the top of the game when it comes to providing reliable office automation solutions, hand in hand with the best automation brands in the world.”

Top performers of the night from Tier 1 included North Link Engineering Vavuniya (Gold Award), K.T Office Automation (Pvt) Ltd Kurunegala (Silver Award) and Vanoj Office Automation Anuradhapura (Bronze Award) for the Best Dealer Performance.

The following are also some of the key award recipients of the night AMW Computers Negombo (Best Dealer-Consumable Sales Outstation Tier 1), TSP Management Services (Pvt) Ltd Moratuwa (Best Dealer-Consumable Sales Greater Colombo areas), Just Technologies Nugegoda (Best Dealer Performance Colombo and Greater Colombo areas), The Office Shop (Pvt) Ltd Kandy (Best Dealer Performance-Government Tenders All Island), Kent Business Systems Matara (Best Dealer Performance-Tier 2)and Copier Plus (Pvt) Ltd Maldives (Best Dealer Performance-Toshiba Copiers).

Published in Achievement

Colombo, 26th July 2016: The TJL Group (TJ), who closed the last financial year on a resounding note, continued its performance momentum in the new financial year, reporting eight straight quarters of strong quarterly profit growth. The Q1 2016/17 performance has proved to be the Group’s best first quarter recorded to date, posting a consolidated net profit of Rs. 399 Million, representing a YoY growth of 93 percent.

The Group has made significant progress in growing their product portfolio despite challenging market conditions last year. Chairman of the Group, Bill Lam said, that although the Company has shown immense resilience and commitment in pursuing new opportunities, leveraging their regional footing, the future of the textile industry is bound to become more challenging. “Our customers’ demand for low priced and innovative products, discounts and speed of service is increasing and this is true for the entire textile industry. We recognize the need to keep reinventing the wheel, with new technology and automation featuring in our reengineering process to come up with newer and cost effective ways to meet the demand.”

TJ recorded a 73 percent topline YoY growth and an even more impressive 125 percent gross profit growth. This was a direct result of consolidation, strategic overhead management and an output increase from changing some of its working models. This together with the vastly improved production efficiencies all round, contributed towards the topline growth and translated it to an impressive net profit of Rs. 399 Million; a YoY growth of 93 percent. The Coal plant continues to support the production engine providing additional leverage to the Group’s core operational margin improvements. The income tax saw an increase of 365 percent for the Group mainly generated by the consolidation of the deferred tax liabilities of the two acquired entities.

TJ's cash flow disciplines helped maintain a strong balance sheet from the start of the year, optimizing working capital and remaining unleveraged with a net cash surplus of Rs. 3.1 Billion. The consolidated Earnings per Share was Rs. 0.57, showing a growth of 83 percent; while the standalone Earnings per Share of Rs. 0.41 recorded a growth of 41 percent. TJL’s standalone performance during the period under review has been impressive with a net profit of Rs. 286 Million, representing a YoY growth of 52 percent. TJL’s bottom-line grew despite the loss of income due to the non-renewal of its operational technical service agreement with OCI. The standalone top line growth was 30 percent, yielding Rs 3.5 Billion, while gross profits grew by 58 percent. The Group’s performance growth strategies have been applied to TJL with equal rigor, bringing its net profit to a YoY growth of 52 percent, at Rs. 286 million.

Sriyan de Silva Wijeyeratne, MD/CEO of TJ said that it was rewarding to see the Synergies of the strategic acquisitions the company has made bear fruit. “The entire Group structure has gone through positive change, and the team has embraced the changes with passion and dedication which is a main part of our success. It is that very commitment which won us the best Dyer & Finisher of the Year title for the 2nd year running at the prestigious 'World Textile Awards.' Apart from our people, we have invested in cutting edge technology, seeking broader solutions and honing our innovation capabilities, so that we give of our best to the customer,” he said adding that operating in an increasingly competitive industry, both globally and locally, presents challenges that continues to test TJ’s resilience, constantly driving the company to achieve excellence.

Chairman Bill Lam says as the Group embarks on its new financial year it has already begun the groundwork for long range growth plans, commencing work for its future expansions in India, and setting the foundation for broadening its Printing and Synthetic solutions. “Whilst the roadmap to increasing growth and shareholder value have been charted out and are underway, we are conscious of the ever-changing global space and the economic challenges it presents,” he says adding that forward thinking, timely innovation, new synergies and a committed team were imperative to maintain the Group’s lead position in the future.

TJ was founded in Sri Lanka in 2001. Listed on the Colombo Stock Exchange, TJ is backed by two leading industrialists - Pacific Textiles Hong Kong and Brandix Lanka as its main shareholders. The company supplies to some of the best international brands including Marks & Spencer, Victoria’s Secret, Intimissimi, Tezenis and Calvin Klein.

Published in Finance

Colombo, July 25th 2016: No matter how beautiful or smart you are, a small imperfection in your skin might make you lose confidence in front of others. Everybody has a right to look perfect. Today, skincare has become a growing concern in the country more than ever. The answer to this matter lies in modern aesthetic technology, which has enabled people to experience safe, effective and long lasting results, when treated by professionals.

LUSH Skin Clinic propositions their significance by creating an environment in the form of professional and experienced clinicians utilizing the most advanced medical aesthetic technology, in a modern, non-hospital ambiance, where privacy is imperative. At LUSH Skin Clinic, treatments offered to clients are very safe, as they are always carried-out by trained and qualified medical professionals. The panel of medical professionals consists of leading dermatologists, plastic surgeons, facial surgeons and dentists to ensure maximum safety.

LUSH Skin Clinic encompasses a dynamic team with over 25 years of experience in the Sri Lankan healthcare industry and the clinic has grown immensely since its inception in 2014. The clinic specializes in offering a variety of non-surgical treatments in skin-care, anti-aging, hair-growth and slimming. The vision of the treatment center is to help clients deal with aesthetic imperfections and instill confidence by erasing their flaws and making them appear perfect. LUSH Skin Clinic is patronized by many clients including celebrities and the brand “LUSH” has been endorsed by thousands of clients as of today.

The treatment portfolio at LUSH Skin Clinic is quite extensive as it has been continuously growing since the inception. The treatments offered at the center include acne scar removal, permanent hair reduction, skin resurfacing, skin rejuvenation, skin toning, warts and skin tags removal, tattoo removal, PRP treatments, dermal fillers, Botox treatment, hair growth treatments, slimming treatments, teeth whitening, and many more aesthetic solutions.

The latest addition to the services offered at the clinic is the hair growth programme. This is very unique at LUSH Skin Clinic as they offer tailor-made solutions that are capable of catering to the needs of every single individual who suffer from different complications.

The fat reduction programme is also worth mentioning as they utilize a proven technology of cryo-lipolysis, which is used worldwide to get rid of excess fat. This is a non-invasive, safe and comfortable treatment, only available at the LUSH Skin Clinic in Sri Lanka.

LUSH Skin Clinics are conveniently located at 27, Vijayakumaratunga Mawatha, Polhengoda Road, Colombo 05 and 1100/4 Pannipitiya Road, Battaramulla. Please call 0112 889922 or visit www.lushlk.com for more information.

Published in Lifestyle

Tuesday (26 July) marked the launch of luxury condominium complex The Flemington, strategically located just 500 metres from Colombo in cosmopolitan Rajagiriya. The event was celebrated with evening cocktails attended by special invitees.

Evoking the luxurious decadence and elegant warmth of Melbourne’s prestigious racing culture, The Flemington’s 30 elegant condominiums are designed by award-winning architect Darnie Rajapakse of Jungle Beach by Uga fame. Darnie practiced her discipline in New Jersey and New York before moving to Sri Lanka to establish Studio Vivege as its Principal Architect. Heavily influenced by Australian living spaces, these condominiums designed by Darnie will espouse the idea of spacious living amidst bustling city life, with a distinctly Melbourne appeal in design.

Located on Nawala Road in Rajagiriya, a comfortable but stone’s throw of a distance from the city, The Flemington is in close proximity to leading schools, fine dining restaurants, hotels, and hospitals such as Asiri Surgical and Castle Hospital, as well as walking paths alongside several key roads connecting to Katunayake, Kandy and Galle. Key highway and overpass projects have been proposed for this area, thus making the neighbourhood a coveted investment in the city.

Each apartment, with an area ranging from 1,350 to 1,500 square feet is furnished with three bedrooms including a master bedroom with a walk in closet, bathrooms with en-suite, three balconies, and separate domestic entrance and bathroom. Apart from access to parking, 24 hour security and CCTV footage, residents will receive the best of luxury living amenities including a swimming pool, gymnasium, rooftop entertainment pods, BBQ facilities, a function room and a club house.

The Flemington is the brainchild of EliSh Development (Pvt) Ltd, a Melbourne based property developer committed to transforming property development into aesthetic symbols of modern living. Shamitha Ganegoda, Managing Director of EliSh Development noted that this landmark project in Colombo draws from EliSh’s Melbourne familiarity to bring modern Australian living paradigms to Colombo. “Each condominium has been designed to encapsulate everything you would need in terms of comfort, convenience and of course-style,” he noted. "Our estimated completion is in June 2018-by then, we're confident of reaching a sales target of Rs. 1 Billion."

Impressed with EliSh’s many successful developments in Melbourne, Bathiya Jayakody of BnS fame has been a firm proponent of the Developer’s expansion to Sri Lanka. Bathiya announced his investment in a luxury Flemington condominium at the launch event along with Santhush Weeraman who followed suit. Prior to its official launch, several apartments which are priced beginning at Rs. 29 Million per unit had already been purchased, with customers benefiting from an early bird offer available during the month of July.

EliSh partners with engineering consultant Dayananda Associates and NK Construction in transforming Darnie Rajapakse’s vision from paper to reality. Darnie herself finds a fine balance of content, aesthetics, innovation, functionality, technology and quality materials in her work. She also believes strongly in sustainable design. The Flemington, which finds its home amidst Rajagiriya’s unique blend of greenery and cityscapes, will embody this design ethic.

Published in Property & Building
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