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  • 06
    Jan

    LAUGFS imports metal cutting gas

    The Sri Lankan metal cutting gas industry is a sizeable market which can make further cost effective and safe than current acetylene mixed with oxygen used for metal cutting. LAUGFS Gas Ltd., signed a...

  • 06
    Jan

    LAUGFS Gas ties up with Bharat Petroleum

    LAUGFS Gas Plc just one month after concluding its Initial Public Offering (IPO) announced that it had signed an agreement with India’s number one energy giant Fortune 500 Company Bharat Petrol...

  • 06
    Jan

    LAUGFS enters JV with Bharat Petrolium

    news

    LAUGFS Gas Ltd. has entered into a joint venture agreement with Bharat Petrolium Corp. of India to introduce innovative metal cutting gas in Sri Lanka under the brand name LAUGFS Bharat Metal Cutting ...

  • 06
    Jan

    LAUGFS goes hydro

    LAUGFS Gas distributor has decided to enter the country’s mini hydro power generation sector with an initial investment of Rs.500 million, a Stock Exchange disclosure filed by the company said....

  • 07
    Jan

    LAUGFS enters into hydropower

    LAUGFS Power Limited, a subsidiary of LAUGFS Gas Limited will invest Rs 500 million on a mini hydro power plant and acquiring existing two mini hydro power plants. There are many potential mini hydro ...

  • 07
    Jan

    Big trades in LAUGFS, Richard Pieris & P

    he upward movement on the Colombo bourse continued yesterday with a turnover of Rs.4.14 billion, down from the previous day’s Rs.4.2 billion, with both indices gaining tidily – the All S...

  • 09
    Jan

    LAUGFS sparks

    * On debut voting share soars by 35% before closing up 15.2% or Rs. 3.50 to Rs. 26.50 * 41% of IPO volume and 9% of issued shares trade on opening day * Bear run persists at Colombo bourse LAUGFS Ga...

  • 11
    Jan

    LAUGFS Gas up by Rs.36

    LAUGFS Gas Limited said yesterday that the Consumers Affairs Authority (CAA) had granted approval to the company to increase the retail price of its 12.5kg domestic gas cylinder by Rs.36....

  • 13
    Jan

    LAUGFS ups nine month net profit by 96%

    Re-energised LAUGFS Gas Ltd., yesterday announced a Group after tax profit of Rs. 750.3 million, for the first nine months of 2010/11 up by 96% over the corresponding period of last year. The impressi...

  • 13
    Jan

    LAUGFS posts solid growth Rs 750 m net

    LAUGFS Group has posted a revenue of Rs 5.32 billion which is 32 percent increase over the corresponding year for the nine months ended in December 31. The Profit After Tax (PAT) of the group was Rs 7...

  • 13
    Jan

    LAUGFS surpasses profit forecasts

    LAUGFS group has posted Rs.750 million Profit After Tax (PAT) for the nine months ended December 31, a 96 percent increase from a year ago, surpassing profit forecasts for the period, group Chairman W...

  • 24
    Feb

    LAUGFS introduces 5 kg gas cylinder

    LAUGFS has presented to Sri Lankan consumers, the first-ever 5kg gas cylinder, which has now been introduced to the market. The 5 kg, LAUGFS cylinder is the latest member to join 12.5kg and 2kg gas cy...

  • 27
    Feb

    STOCKS - Colombo bourse sees buying inte

    The market made up for lost ground with buying interest returning to the bourse, while bargain hunters were seen active on oversold counters, analysts said. LAUGFS gas voting and non-voting was the mo...

  • 03
    Mar

    SME development and access to finance

    news

    Representing the backbone of a country’s economy, the Small and Medium Enterprises (SME) segment plays an important role in augmenting the growth and development of a country. Categorised as a ...

  • 03
    Mar

    LAUGFS gas goes up by Rs. 96

    Price of a 12.5Kg LAUGFS gas cylinder has been increased by Rs. 96 from today. The revised priced of a cylinder is Rs. 1652, LAUGFS Gas officials said....

  • 04
    Mar

    LAUGFS lights up Bourse

    What is believed to be its first equity investment, LAUGFS Holdings yesterday entered the market by picking up shares in Citrus Leisure and Ceylon Grain Elevators whilst shares in it were bought by tw...

  • 07
    Mar

    Looking South…..07th March 2011

    The All Share Price Index dipped 82.2 points to close at 7,582.5 points (-1.1%), whilst the Milanka Price Index also dipped 13.5 points to close at 7,015.8 points (-0.2%). The total turnover was LKR3,...

  • 08
    Mar

    Correction Continues in Colombo bourse

    The All Share Price Index (ASPI) was uneasily in green during early trading hours yesteday while the Milanka was more in red. However, profit taking across the board closed the ASPI deeper in the red....

  • 10
    Mar

    LAUGFS Eco Sri donates 10,000 books

    LAUGFS Eco Sri (Pvt.) donated 10,000 school exercise books, to be distributed among school children, displaced due to recent floods in the North Central Province. The Chairman of the LAUGFS Holdings L...

  • 10
    Mar

    LAUGFS Eco Sri donates 10,000 books

    LAUGFS Eco Sri (Pvt.)Limited a company directly involved in protecting the environment by conducting emission tests on motor vehicles has come forward today, undertaking the task of donating 10,000 sc...

  • 11
    Mar

    LAUGFS Gas strengthens Eastern operation

    LAUGFS Gas PLC in a bid to give a fully-fledged service to the Eastern Province declared open its 12th distributor point in Trincomalee yesterday, under the patronage of Chief Executive Officer(CEO) L...

  • 11
    Mar

    LAUGFS Gas strengthen operations in the

    LAUGFS Gas PLC yesterday in a bid to give fully pledge service to the Eastern Province declared open its 12th distributor point in Trincomalee. Chief Executive Officer Mohan Perera and Group General M...

  • 16
    Mar

    LAUGFS SunUp to go hyper

    Modern trading in Sri Lanka is to get a new look with the establishment of hypermarkets in Colombo by LAUGFS Holdings by the end of this year......

  • 01
    Apr

    LAUGFS moves to new premises

    LAUGFS Holdings Ltd., the country’s fastest growing and highly diversified business group, yesterday moved into its own premises, accommodating its subsidiaries under one roof. LAUGFS Holdings ...

  • 02
    Apr

    LAUGFS gas price also up

    LAUGFS also announced an increase in the price of a 12.5 kg gas cylinder by Rs. 238 to match the price revision by Litro Gas. The price of petrol, diesel and kerosene was also increased by the governm...

  • 02
    Apr

    LAUGFS gas up by Rs. 238

    The price of 12.5 kg cylinder of LAUGFS gas has been increased by Rs. 238 with immediate effect, officials said. The new price of a 12.5 kg cylinder of LAUGFS Rs. 1890.....

  • 03
    Apr

    LAUGFS to diversify

    news

    LAUGFS Holdings will expand into three more sectors this year with substantial investments to provide more services to its customers, company sources said. LAUGFS has diversified to over 15 sectors an...

  • 04
    Apr

    LAUGFS lights up Bourse

    What is believed to be its first equity investment, LAUGFS Holdings yesterday entered the market by picking up shares in Citrus Leisure and Ceylon Grain Elevators whilst shares in it were bought by tw...

  • 05
    Apr

    Last LAUGFS Private Player assured 50% o

    news

    President Mahinda Rajapaksa has given directions to the officials of the Ministry of Petroleum Industries to instruct Ceylon Petroleum Corporation to supply 50 percent of the entire LP Gas output of t...

  • 06
    Apr

    President orders CPC to sell 50% of LPG

    PRESIDENT Mahinda Rajapaksa has given directions to the officials of the Ministry of Petroleum Industries to instruct the Ceylon Petroleum Corporation (CPC) to supply 50% of the entire LP gas output o...

  • 12
    Apr

    LAUGFS Leisure eyes more hotels

    LAUGFS Leisure is looking forward to take over the management or to buy hotels. It has a five year plan to aggressively enter the leisure sector by building hotels in the Cultural Triangle and in attr...

  • 03
    May

    LAUGFS eyes education sector

    LAUGFS Holdings will diversify into the education sector in the phase of tremendous opportunities in higher education. “We will be consolidating our presence in the Sri Lankan market and will be...

  • 03
    May

    Brands Annual names ‘LAUGFS’ leader

    Sri Lanka’s brand almanac better known as Brands Annual published by LMD has named “LAUGFS” brand as the leader in the new emerging brands category better known as ‘new brigad...

  • 03
    May

    LMD’s Brands Annual: LAUGFS leads char

    Brands Annual published by LMD has named the ‘LAUGFS’ brand the leader in the new emerging brands category better known as ‘new brigade’ which managed to show a vibrant impac...

  • 12
    May

    EPF, LAUGFS taste chicken

    Employees provident Fund (EPF) and the LAUGFS Gas (LGL) have emerged among top seven shareholders of Ceylon Grain Elevators (GRAN), replacing Perpetual Capital Ltd and Perpetual Asset Management Ltd, ...

  • 24
    May

    LAUGFS records strong profits growth, bu

    Smiling, but not laughing yet… The Board of Directors of LAUGFS Gas PLC are seen here after reporting impressive results for the year ended March 31, 2011. After tax profits grew 90 percent but ...

  • 25
    May

    LAUGFS lights up Rs. 1.2 b Group pre-tax

    LAUGFS Gas PLC and its subsidiaries yesterday announced that the Group surpassed Rs. 1.2 billion profits before tax for the financial year ended 31 March 2011, reflecting a 107% increase. The Group, a...

  • 25
    May

    LAUGFS records Rs 1.2 b PBT

    LAUGFS Gas PLC and subsidiaries announced yesterday that the group surpassed Rs 1.20 billion profits before tax PBT for the financial year ended March 31, 2011 and it is a phenomenal increase in profi...

  • 29
    May

    LAUGFS to enter education sector

    LAUGFS Holdings further diversifying its business in the country plans to enter the education sector. Chairman LAUGFS Holdings, W.K.H. Wegapitiya said that the the company plans to enter the education...

  • 30
    May

    MTI to pump up LAUGFS

    The fast growing Sri Lankan conglomerate LAUGFS Holdings has retained MTI Consulting to work with the Group and guide them through a comprehensive strategic planning process, in pursuit of taking the ...

  • 06
    Jun

    LAUGFS mulls rights issue, listing subsi

    :: May list most of itssubsidiaries to raise funds :: Aiming to catch post-war growth in auto industry Reuters: Sri Lanka’s energy-led conglomerate LAUGFS Gas said it may go for rights issue o...

  • 05
    Jul

    LAUGFS Sunup introduces money changing f

    LAUGFS Sunup Supermarkets private Limited, a subsidiary of LAUGFS Holdings Limited breaking yet another milestone in modern trade, introduced Foreign Money Changing facilities in its outlets. Governor...

  • 19
    Jul

    LAUGFS to venture in to education

    Sri Lanka’s energy conglomerate, LAUGFS Holdings will shortly venture in to the education sector, Mirror Business learns. Speaking to Mirror Business LAUGFS Holdings Chairman W.K.H. Wegapitiya ...

  • 26
    Jul

    LAUGFS opens regional campus

    Centre for Customs & Excise Studies, University of Canberra (CCES) launched its regional campus in Sri Lanka in partnership with LAUGFS Australia Higher Education Services (Private) Limited (LAHES), a...

  • 01
    Aug

    LAUGFS glows at Culinary Expo

    LAUGFS Gas Plc in its bid to promote the use of the LPG among the general public participated at the three-day Culinary Art exhibition which concluded yesterday at the Sirimavo Bandaranaike Convention...

  • 04
    Aug

    C F Loyalty Card holders get bonanza at

    Central Finance Co Ltd (CF), a leading financial institution, joins hands with LAUGFS SunUp to offer discounts on selected items to their loyalty card holders. CF has introduced a Loyalty card to rewa...

  • 10
    Aug

    LAUGFS sponsors University of Colombo at

    news

    Youth being the future leaders of the country, LAUGFS Gas PLC, having identified the importance of the role of youth and their wellbeing , came forward to sponsor the athletic team of the Colombo Univ...

  • 11
    Aug

    LAUGFS to venture overseas in energy sec

    LAUGFS Holdings Limited will focus on consolidating its presence in Sri Lanka with an aggressive marketing strategy. The company has many plans for the future. It aims at becoming the number one energ...

  • 04
    Oct

    LAUGFS Group profit soars

    The financial performance of LAUGFS Gas PLC for the period under review is very impressive and the physical growth achieved in terms of sales is phenomenal. LAUGFS Group has earned a profit before tax...

  • 13
    Oct

    LAUGFS Eco Sri gets ISO 9001

    Sri Lanka Standards Institution (SLSI), the national standard body in the country, awarded ISO 9001-2008 certificate to LAUGSF Eco Sri Private Limited, a subsidiary of the LAUGFS Gas PLC, one of the d...

  • 28
    Oct

    LAUGFS comes out with 1H results sans qu

    Releasing first half results in one go instead of quarterlies, LAUGFS Gas Plc yesterday reported a 5% increase in its bottom line to Rs. 403 million in the six months ended on 30 September 2011 whilst...

  • 15
    Nov

    LAUGFS Gas to invest Rs. 150 m in solid

    LAUGFS Gas (LGL) has decided to invest Rs. 150 million in the parent’s export-oriented solid tyre manufacturing venture. LGL said that investment will be via its subsidiary LAUGFS Eco Sri Ltd. ...

  • 12
    Nov

    LAUGFS into solid rubber tyres

    LAUGFS Gas PLC is investing Rs.150 million in a group company engaged in manufacturing solid rubber tyres for the export market, LAUGFS announced in a Stock Exchange filing. The filing made on Friday ...

  • 26
    Nov

    LAUGFS Supermarkets now offer Dialog bil

    LAUGFS Supermarkets Limited, one of the leading supermarket chains based in Colombo and suburbs, recently signed an agreement with Dialog Axiata Plc, offering Dialog utility payment facilities at all ...

  • 09
    Dec

    LAUGFS GAS PLC Annual report -‘Every o

    news

    The annual report of the LAUGFS Gas PLC for the year 2011, has won Sector -Certificate of Compliance at the 2011 Annual Report Awards organized by the Institute of Charted Accountants of Sri Lanka (IC...

  • 22
    Dec

    LAUGFS Car Care free service campaign be

    news

    LAUGFS Car Care Limited a subsidiary of the LAUGFS Holdings Limited, specialising in motor vehicle cleaning and maintenance, said that its 11 year celebrations events were successfully completed recen...

  • 22
    Dec

    THE LMD 50

    Q: What is your assessment of the prevailing business environment? A: The Sri Lankan economy is extremely conducive for business presently and things are looking promising overall. Unfortunately, we ...