LAUGFS wins Gold at CA Sri Lanka’s 56th Annual Report Awards

Tuesday, 28 December 2021 03:00 - - {{hitsCtrl.values.hits}}

LAUGFS Gas PLC held up the prestigious Gold Award in triumph in the ‘Power and Energy’ sector at the 56th Annual Report Awards organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). Being the eighth consecutive award received by the company, this year’s victory extends LAUGFS Gas’s winning streak at this elegantly prestigious event.

LAUGFS Gas, a forerunner in Sri Lanka’s power and energy sector, aims to provide profitable and valuable returns to its customers as well as its stakeholders. Using the globally recognised Global Reporting Index (GRI) Sustainability Reporting Standard, LAUGFS Gas creates a clear and consistent framework that promotes effective financial reporting.

“We, at LAUGFS, are honoured to receive this dignified Gold Award in the Power and Energy sector at the 56th Annual Report Awards, organised by the Institute of Chartered Accountants of Sri Lanka. Achieving such recognition was only possible due to the hard work and commitment of the LAUGFS team, who supported and strengthened us to reach this height. Being awarded this high-profile recognition for eight consecutive award ceremonies, we are committed to continue the equitable and sustainable service to our customers in the coming years,” LAUGFS Gas CEO Chaminda Ediriwickrama said.

Having entered the local LPG industry in 2001, LAUGFS Gas has grown exponentially to power the nation with LPG solutions, as a trusted brand that is synonymous with quality and consistency, with an expansive network of over 8,200 dealers and 31 distributors. The nationwide sales and distribution network is supported by a modern fleet of LPG tankers and a state-of-the-art 33,150 MT storage and filling facility in both Hambantota and Mabima, operated with the highest international safety standards.

LAUGFS Gas, a subsidiary of the diversified business conglomerate LAUGFS Holdings Ltd., was the first energy company to be listed on the Colombo Stock Exchange.

LAUGFS Holdings is one of the largest diversified business conglomerates and a trusted and well-loved home-grown business in Sri Lanka. Founded in 1995, today, LAUGFS has expanded across 20 industries in Sri Lanka and overseas, establishing a strong presence as a leader and pioneer in the power and energy, retail, industrial, services, leisure, and logistics sectors. With over 3,500 employees and an annual turnover exceeding Rs. 60 billion, LAUGFS continues to expand and empower millions as a trusted Sri Lankan brand.