Sunshine Healthcare Lanka Ltd - Sri Lanka's First Integrated Healthcare Company
*Healthcare revenue up 36.3% YoY to Rs. 17.6 b
Pharma Manufacturing Segment Performance
*Lina Manufacturing delivers the first ever locally-produced Metered Dose Inhalers to Ministry of Health*
• Achieved over LKR 300 million in revenue in 3QFY23, demonstrating continued growth and success.
• Operating 24/7 from December 2022.
• Achieved break-even in operating profit for 9MFY23, marking a significant milestone towards sustained profitability and growth.
In December 2020, Sunshine Holdings announced its healthcare business’s strategic merger consisting of Sunshine Healthcare Lanka and Healthguard Pharmacy with Akbar Pharmaceuticals, Lina Manufacturing and Lina Spiro—the business units of Akbar Healthcare. The merger’s finalisation elevated Sunshine Healthcare as Sri Lanka’s first fully integrated healthcare company, starting from manufacturing up to retailing healthcare products, including last-mile distribution across the country for all healthcare products. The company now operates in all five segments of the healthcare supply chain, namely research and development (R&D), manufacturing, importation, distribution and retail.
The company is committed to investing in expanding its production capabilities to facilitate and decrease exposure to imports and international supply chains, ensuring the resilience of Sri Lanka’s national healthcare systems.