NEWS & MEDIA

News & Media


ACL Cables partners Institute of Technology University of Moratuwa in special educational forum

2023-05-22

In a dedicated effort to enrich students' knowledge and understanding, ACL Cables PLC, Sri Lanka's No. 1 cable company partnered the Institute of Technology University of Moratuwa (ITUM), the centre of excellence in Technological Education, to conduct a special educational forum recently.

Organised in collaboration with the Electrical, Electronics and Telecommunication Technology Faculty of the University, ACL conducted the special lecture on the theme ‘Basic awareness o...

ACL Cables Group records stunning 270% YOY net profit growth with Rs. 5.1 Bln end of Q2 2022

2022-12-01

Continuing its landmark achievement of a mammoth 705% year-on-year (YOY) growth in Q1 2022, ACL Cables PLC, the nation’s No.1 cable manufacturer, posted a remarkable 270%, YOY growth in Q2 2022 for the period ended in September 2022, with Rs. 5.1 Bln as Net Profit after Tax as a Group, compared to Rs. 1.4 Bln the same period last year.

Furthermore, as a Company, ACL Cables PLC posted Rs. 1.9 Bln Net Profit for the same period with a growth of almost 250% in comparison to Q2 2021...

ACL Cables PLC shines in Sri Lanka's Top 40 Business rankings as sole cable brand

2022-11-23

Sri Lanka's No.1 cable company, ACL Cables PLC was ranked amongst Sri Lanka's Top 40 Corporates according to leading magazine Business Today’s Top 40 for the year 2021/2022.

Ranked in 32nd position, notably ACL Cables was the only cable company to be listed in the Top 40 and honoured by its first-ever listing in the prestigious rankings. Furthermore, ACL was among one of three companies in the building material industry to be recognised amongst the Top 40.

Annual...

ACL Cables PLC and Ceylinco General Insurance compensate the family of a deceased electrician with Rs. 1.2 million

2022-11-02

Helping those in the time of need, ACL Cables PLC awarded insurance compensation of Rs. 1.2 million to the family of a deceased electrician recently.

ACL Cables, the nation’s number one cable manufacturer, together with Ceylinco Insurance, Sri Lanka’s insurance giant, awarded compensation to the family of the deceased electrician who met with an accident while working. The electrician, who had been a member of a unique insurance scheme obtained by ACL Cables was residing i...

ACL Cables crowned as the Most Valuable Consumer Brand – Building material category & Most Loved Brand in building material – electric category by LMD Brands Annual Ranking 2022

2022-04-26

ACL Cables PLC, the nation’s No.1 cable manufacturer, has been ranked as the most valuable building material brand, according to LMD Brands Annual Ranking 2022 published by Brands Finance Lanka, the premier index of Sri Lanka’s most valuable consumer brands. Notably, this was the second consecutive year for the brand ACL, to achieve the celebrated milestone.

Reinforcing the company’s position, ACL was also ranked as the most loved brand in the category of building ma...

ACL Cables credit rating receives boost with AA- upgrade from ICRA Lanka

2022-03-07

Showcasing a strong financial position and dominant market share of the local cable industry with strong brand equity, ACL Cables PLC’s credit rating was upgraded with a [SL] AA- Stable outlook recently according to ICRA Lanka Limited, a Group Company of Moody’s Investor Services.

ACL Cables, Sri Lanka’s no.1 cable company in Sri Lanka, is the only cable company in the local industry to register an issuer rating of [SL] AA-. Previously, the company had been assigned ...

ACL Cables PLC posts phenomenal 189% profits and record revenues as a group at the end of Q2

2021-11-17

Creating history in its journey of six decades ACL Cables PLC, Sri Lanka's No.1 cable manufacturer has posted a phenomenal 189% year-on-year profit increase at the end of its second quarter demonstrating strong financial performance and stability as a group.

Noteworthy are the resounding strong figures despite challenging economic conditions seen locally as well as globally due to the Covid19 pandemic.

ACL Cables posted a revenue of Rs. 9 billion as a group for the financi...

ACL Cables partners CEB and ENSTO Finland in successful completion of fourth ‘ACL SAX’ conductor installation project

2021-07-12

ACL Cables PLC, Sri Lanka's No.1 cable manufacturer recently completed another significant milestone with the installation of its fourth ‘ACL SAX’ 80mm² 33KV medium voltage covered conductor electricity transmission project.

The installation took place at a site close to Sri Lanka's largest power station, the Lakvijaya Power Plant, commonly known as Norochcholai Coal Power Plant. This is an ongoing project and was carried out in partnership with the Ceylon Ele...





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