assignment on john keells

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John keells

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Vilani Sachithra

Sri Lanka stands at important crossroads as it makes a decisive transition into a middle-income economy. Within the competitive market, Sri Lanka should focus on strengthening its foreign exchange earning capacity through the export of goods and services. Considering the export goods, Sri Lanka had the extraordinary years of trading experience for tea with the rest of the world. There is a vital need to analyze Sri Lankan tea export performance in global competitive market. The main purposes of this study are to comparatively examine the tea export performance of Sri Lanka and identify the main challenges of it. Trade statistics in International Trade Center (ITC) and statistics related to Sri Lankan tea industry used as secondary data sources and industry expert’s ideas gathered to identify main challenges. This paper clearly highlighted that last decade tea export performance of Sri Lanka has turned down when comparing other tea exporting countries. It is further validated that volume of the tea exported from Sri Lanka to the top 6 tea importers in the world has come down from 2001 to 2013. If this behavior is extended to the rest of the key markets, Sri Lanka’s export revenue may be in trouble. In sum, all is not lost. The recipe is not found in the past. The country can learn lessons from past mistakes. It is required to identify the factors affecting on tea export competitiveness of Sri Lanka. Further study will focus to conduct a study to find out the factors affect on export competitiveness of tea industry of Sri Lanka. Key words: Tea Industry, Competitiveness, Market Share

Amali Silva

In the slowly growing global tea market Lanka has not performed as well relative to its competitors in recent times as it did in the past. Sri Lanka needs to improve the efficiency of its industry to remain competitive in world tea market. Improving efficiency and international competitiveness in the Sri Lanka tea industry requires that the high costs of production, associated with low productivity, be reduced. Tea producers have the main responsibility for this. However, for improving efficiency and achieving international competitiveness, it is necessary that government policies for the tea industry are consistent with correction of market failures. This is not the case at present, with government policies for the tea industry directed partly to correcting market failures but more to achieving political goals.

Saseela Balagobei

The relevant literature suggests that ownership structure is one of the main corporate governance mechanisms influencing the scope of financial performance. The aim of this study is to investigate the relationship between ownership structure and financial performance of listed beverage food and tobacco companies for the period of 2010-2015. This study also examines the impact of ownership structure on financial performance. The sample consists of 10 listed beverage food and tobacco companies in Sri Lanka. In this study, data was collected from secondary sources and hypotheses are examined by using Pearson's correlation and regression analysis. The results reveal that ownership concentration and foreign ownership structure are positively correlated with financial performance of listed beverage food and tobacco companies while institutional ownership structure isn't significantly correlated with financial performance. It is also found that there is a significant impact of foreign ownership structure on financial performance. Higher the foreign ownership structure in listed beverage food and tobacco companies, the higher the financial performance which is preferable for the shareholders and it improves the wealth of companies.

Miyuki Peiris

This study examines the impact of capital structure together with their industry influence on financial performance of the companies listed in the Land and Property, Plantation, Beverage Food and Tobacco sectors of the Colombo Stock Exchange (CSE) for a period of five years from 2011 to 2016. Data for the study was collected from published annual reports and the sample consists of 51 companies in these sectors. Regression based capital structure models were employed to investigate the phenomenon. The results reveal that the return on assets ratio is significantly correlated with all the capital structure proxies and the net profit margin has significant correlations with the long term debt to funds ratio and total debt to funds and short term debt ratio. The long term debt to funds ratio and the total debt to funds ratio are significant in determining the return on assets ratio. The long term debt to funds ratio has a significant relationship with the return on equity ratio. Moreove...

Advances in Social Sciences Research Journal

Joseph David Ariko

Chitra S De Silva Lokuwaduge

Edimon Ginting

Dr Bongani Ngwenya

This study was conducted quantitatively to evaluate the factors influencing the financial performance of selected Tea manufacturing companies in Malawi. The following constructs or dimensions were used as the basis of the theoretical framework: budgetary control, exports market strategy, information technology (IT) use and the efficient management of assets. The data collected from the 103 respondents was analyzed using the statistical package for social sciences (SPSS). The descriptive statistics such as mean and standard deviations as well as the regression analysis were employed. The major findings of this study are that while the selected Tea manufacturing companies applied the profitability factors of budgetary control, export market strategy, information technology use, and efficient management there is no significant correlation between these factors and the profitability of the selected companies. The correlation is significantly weak as only two variables entered the regression: efficient management of assets and budgetary control. The conclusion is that there could be other latent factors or dimensions of profitability that influenced the profitability trends of the selected Tea manufacturing companies over the period 2010 to 2014. A recommendation for a further future study employing factor analysis to extract these latent dimensions is made thereto. KEYWORDS financial performance, budgetary control, export market strategy, information technology use, efficient management of assets, tea manufacturing companies.

Hemal de Silva

Velnampy Thirunavukkarasu

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John Keells IT concludes 2021; recognised as award-winning industry leader

Thursday, 30 December 2021 01:00 -     - {{hitsCtrl.values.hits}}

John Keells IT CEO and John Keells Holdings Group CIO Ramesh Shanmuganathan, John Keells IT Head of Customer Success and Business Development Shehantha Dias, and John Keells IT Software Solutions and Services Chief Operating Officer Dilini De Alwis 

As 2021 draws to its conclusion, it is in retrospect that we begin to understand the enormity of the challenges that have been overcome. From the reverberating effects of the extended COVID-19 lockdowns to the unpredictability of the pandemic itself, there has been much to contend with. Yet, throughout this time, John Keells IT has not only remained resilient and adaptable, but it has also managed to fortify the tangible value-driven to its customers and partners while doubling down on its commitment to excellence. It became a core mission for the John Keells IT team to further strengthen the relationships established between its strategic partners while ensuring that the company consistently exceeded customer expectations. For its long-lasting, strong track record of success, several strategic partners made sure to include John Keells IT into their selection for recipients of awards and recognition. Amongst its many achievements, John Keells IT was recognised as a ‘game changer’ at SAP’s brand-new King of Cluster programme 2021. Through this program, SAP has recognised John Keells IT as a partner that’s established an exemplary brand presence and driven fantastic customer success stories and built-up significant industry experience. John Keells IT has had a remarkable year, with several achievements. Its success at the annual Microsoft Inspire Awards saw it recognised with the Partner of the Year award for Azure Tech Intensity, SAP on Azure & Azure Migrate which cemented John Keells IT as a trailblazer in accelerating digital revolutions across various sectors in 2021 was a particularly strong achievement. John Keells IT Customer Success and Business Development Head Shehantha Dias said, “The awards JKIT has received from Microsoft is a testament to the amount of work the team has put in over the last year. We will continue this journey in 2022 so that everyone in our ecosystem can thrive together.” Furthermore, John Keells IT also obtained two advanced specialisations from Microsoft. The Windows Server and SQL Server Migration to Microsoft Azure advanced specialisation showcases its expertise in migration of Windows Server and SQL Server to Microsoft Azure. The SAP on Microsoft Azure Advanced Specialization recognises the company’s capability to deliver high-quality services to enable its clients to get the most value of the SAP ecosystem. Continuing its streak of excellence, John Keells IT was recognised as a Gold Partner of UiPath. This status is given by UiPath to partners who have an Automation Center of Excellence (COE), strong RPA business practice, and a certified pool of UiPath experts with a proven track record. At the recently held UiPath Automation Excellence Awards, John Keells IT was recognised as a Gold Implementation Partner for the work it did with its customer Keells that received the Automation Excellence Award 2021. Commenting on these achievements, John Keells IT Software Solutions and Services Chief Operating Officer Dilini De Alwis stated, “John Keells IT is greatly humbled to be acknowledged as a partner who has helped our customers leverage their true potential by helping them to digitally transform themselves. It is a great achievement for John Keells IT, we have proven that we have the capability and a strong practice to provide services to our customers to enable them in their digital transformation journey.” With these many accolades, it has been a hugely gratifying year that has recognised and consolidated John Keells IT as a leading partner of choice for driving digital transformation across industry verticals. It’s a position that the company takes pride in, as it remains committed to its customers as the brand-new year dawn upon us.

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