Sunday 17 August 2014

LMD releases ‘Most Respected’ rankings

* JKH leads the pack again, for 9th time in 10 years
* ComBank, MAS and Unilever make up top 4

The 10th edition of LMD’s Most Respected entities in Sri Lanka has been released, its publisher Media Services announced yesterday. John Keells Holdings (JKH) tops the list for a record ninth time.


The special annual edition notes: “In a bid to better reflect corporate perceptions – and in honour of this being the 10th issue of the special edition that measures peer perceptions of corporate admiration – the Most Respected rankings have been revamped by adopting the Olympic Ranking System, which is why Sri Lanka’s most admired organisations are being awarded gold, silver and bronze medals this year.”

   

The Most Respected edition states: “JKH takes the honours among the Most Respected entities for a record ninth time, with 294 gold, 124 silver and 55 bronze medals. Its aggregate medals tally (473) is almost double that of second-placed Commercial Bank, which has 80 gold, 93 silver and 76 bronze.

The only other corporates with more than 50 gold medals in the bag are MAS Holdings (64) and Unilever Sri Lanka (55).”

LMD’s 2014 movers and shakers are led by Bank of Ceylon (up six places – to No. 12), HSBC (up four spots – to No. 10), Unilever Sri Lanka (up three places – to No. 4), Sampath Bank and Singer (both two places higher, at No. 8 and 13 respectively), and Brandix Lanka (which gains one place, to No. 11).

“Sixty-four listed companies make the cut in the 2014 edition of the Most Respected, followed by 43 private entities, 20 multinationals and 11 State-owned enterprises. JKH, MAS, Unilever and BOC lead these categories respectively, just as they did in last year’s edition. So there’s no change to the status quo,” the glossy magazine reveals.

LMD’s Most Respected rankings are based on an exclusive survey conducted by leading research form Nielsen, of 800 working people from among the LMD 100 companies and other leading corporations in Sri Lanka. The survey was completed in April, says a spokesperson for Media Services.

Media Services says that the special edition is available at leading supermarkets and bookshops across the island and the main rankings appear on LMD’s website (www.LMD.lk). 
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