| Company type | retail chain, state owned company |
|---|---|
| Industry | Retail, Wholesale |
| Founded | 2005 |
| Defunct | September 30, 2023 |
| Successor | Sathosa |
| Headquarters | Slave Island, Colombo-02 , Sri Lanka |
Number of locations | 441+ (2023) |
Area served | Sri Lanka |
Key people | Samitha Perera - Chairman S S Senawatte - Chief Executive Officer |
| Products | Supermarket Hypermarket Superstore |
| Brands | LSL |
| Revenue |  Rs. 5.5 billion Per month |
| Owners | Ministry of Trade, Commerce and Food Security Public float |
Number of employees | 4,000+ (2023) |
| Website | www.lankasathosa.org(People's) www.lankasathosa.lk(State) |
Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005.[1] Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Trade, Commerce & Food Security. The main function of Lanka Sathosa Limited is to set prices of many essential items in the domestic retail market.
Pasanda Yapa Abeywardena was appointed as the chairman of Lanka Sathosa in August 2022.[2] As of 2023, the retail chain expanded its branch of network beyond 441.[3] Lanka Sathosa has also guaranteed to sell essential items at concessionary prices during tough times including the coronavirus pandemic in the country.[4]
- ^ LBO (2017-05-26). "Sri Lanka to retain public ownership of Lanka Sathosa". Lanka Business Online. Retrieved 2020-03-24.
- ^ "New Chairman appointed to Lanka Sathosa". Daily News. Retrieved 2020-03-24.
- ^ "Sri Lanka : State-owned Lanka Sathosa retail network expands beyond 400 outlets". www.colombopage.com. Retrieved 2020-03-24.
- ^ "Package of essential food items to be provided at concessionary rates". Sri Lanka News - Newsfirst. 2020-03-23. Retrieved 2020-03-24.