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  LAUGFS GAS PLC Annual report -‘Every one wins’, wins Certificate of Compliance  
December 09, 2011  
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 (ICASL).
Accordingly Chairman of the LAUGFS Gas PLC, W.K.H. Wegapitiya received the Sector – Certificate of Compliance at the Annual Report Awards held last week.
In the year 2011, LAUGFS Gas PLC embarked on a journey of transformation after becoming a public quoted company in the previous year.
 
In doing so, LAUGS shared its business success with over 20,000 Sri Lankans across the island.  Its value  increased  two fold  and   the company continue  to build  upon its  strong foundations maintaining  its mission  to be the best  in class of local energy sector  and  the preferred  choice  in every  household  in the country. As one of the Nation’s largest diversified conglomerates, it believes in contributing to drive the economy forward and achieving the broader vision of the country. It is precisely why the theme of the annual report appropriately describes its operations as “Every One Wins”. LAUGSF Gas PLC is actively participate in four sectors namely energy, Leisure, services and property. Under the Energy sector LAUGFS Gas PLC engaged in the operations of importation, storage, filling, distribution and sale of LPG for domestic, industrial and auto gas users. The company has an island wide sales network of distributors and dealers and the total LPG market in the country is presently shared with one player. The company under its services sector engaged with the testing and certification of vehicle emissions. Under the leisure sector having managed the hotels all these years, the company currently engaged in constructing the state of the art small luxury hotel in Chilaw. Also in the property development sector it is now engaged in constructing a seven storied building complex at Maya Avenue Colombo 6 In the year 2011 LAUGFS Gas PLC recorded Rs.7.3 billion revenue, generating Rs.1.0 billion profits before tax. The company also declared dividend of Rs.1.50 per share for the financial year under review. The board of Directors of the LAUGFS Gas PLC, consist of Mr. W.K.H. Wegapitiya Chairman, Mr. U. Thilak De Silva Managing Director, Mr. Ariyaratne Director, Mr.T.K Bandaranayake Director, Mr. C.L.De Alwis Director and Mr. P.M. Kumarasinghe PC.
 
     
  First Annual General Meeting  
September 30, 2011  
The first ever LAUGFS Annual General Meeting was held on the 30th of September 2011 at the Mount. Lavenia Hotel
 
     
  LAUGFS sponsors University of Colombo athletic team  
www.ft.lk - August 10, 2011  
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 University. LAUGFS Gas Chairman W.K.H. Wegapitiya (second from right) presented the LAUGFS sponsorship to the athletic team captains of the Colombo University recently. Head of Corporate Communications LAUGFS Holdings Limited Deepal V. Perera was also present on the occasion No related content found....more>>
 
 
     
 
     
          
 
     
 
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