About: Lanka Sathosa

An Entity of Type: Retail chain, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Industry and Commerce. The main function of Sathosa is to set prices of many essential items in the domestic retail market.

Property Value
dbo:abstract
  • Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Industry and Commerce. The main function of Sathosa is to set prices of many essential items in the domestic retail market. Nushad Perera was appointed as the chairman of Lanka Sathosa in January 2020. As of 2019, the retail chain expanded its branch of network beyond 400. Sathosa has also guaranteed to sell essential items at concessionary prices during tough times including the coronavirus pandemic in the country. However it has also been widely criticised in recent years for continuous loss making and defaulting on payments to suppliers. (en)
dbo:foundingYear
  • 2005-01-01 (xsd:gYear)
dbo:industry
dbo:locationCity
dbo:numberOfEmployees
  • 5000 (xsd:nonNegativeInteger)
dbo:numberOfLocations
  • 400 (xsd:nonNegativeInteger)
dbo:owner
dbo:owningCompany
dbo:product
dbo:type
dbo:wikiPageID
  • 63464249 (xsd:integer)
dbo:wikiPageLength
  • 5300 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1112065838 (xsd:integer)
dbo:wikiPageWikiLink
dbp:areaServed
  • Sri Lanka (en)
dbp:hqLocationCity
  • Slave Island, Colombo-02 (en)
dbp:hqLocationCountry
  • Sri Lanka (en)
dbp:industry
dbp:keyPeople
  • Nushad Perera (en)
dbp:name
  • Lanka Sathosa (en)
dbp:numEmployees
  • 5000 (xsd:integer)
dbp:numEmployeesYear
  • 2020 (xsd:integer)
dbp:numLocations
  • 400 (xsd:integer)
dbp:numLocationsYear
  • 2019 (xsd:integer)
dbp:owner
dbp:products
dbp:revenue
  • Rs. 41 billion (en)
dbp:type
  • retail chain, state owned company (en)
dbp:wikiPageUsesTemplate
dcterms:subject
rdf:type
rdfs:comment
  • Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Industry and Commerce. The main function of Sathosa is to set prices of many essential items in the domestic retail market. (en)
rdfs:label
  • Lanka Sathosa (en)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
foaf:name
  • Lanka Sathosa (en)
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License