Richard Pieris and Company PLC (RICH)

Richard Pieris and Company PLC, through its subsidiaries, engages in the retail, plantation, tire, furniture, plastics, rubber, automotive, and electronic businesses. It engages in the retail of fast moving consumer and household goods, apparel, furniture, fashion, electronics, pharmaceuticals, wine and spirits, and bakery products, as well as provides value-added services, such as bank service points, ATM's, credit card and mobile bill payment facilities, etc. The company also offers rubber products, such as rubber and fabric floor mats, vehicle related mats, printing rollers, garden hoses, and industrial rubber ranges; rubber mats, crutch tips, tent rings, food jar seals, shoe soles, and shoe heels; and latex cores, latex toppers, latex pillows, latex fire retardants, latex medical ranges, baby crib mattresses, retail ready mattresses, and accessories. In addition, it provides conduit fittings and pipes, plastic garden hose, rainwater convey systems, and ball valves; PVC pipes, fittings, and solvent cement; spring and foam mattresses, pillows, and sheets and cushions; water tanks, septic tanks, garbage bins, green gas units, compost bins, and traffic accessories; and automotive products, including resistive and conductive inks, potentiometer elements and precious metal wipers, package sensors, and accelerator pedals. Further, the company offers black and green tea, flavored black and green tea, and organic teas plantation services; and tyre products, such as retarded tires for light and heavy vehicles, re-manufactured radial tires, tubes, flaps, traded tubes, and new tires. Additionally, it provides various services comprising construction, life insurance, stock broking, financial service, fund management, healthcare, logistic, interior decorating, information communication technology/business process outsourcing, pharmaceutical trading, and property and real estate development. The company was founded in 1932 and is headquartered in Maharagama, Sri Lanka.