EASTERN MERCHANTS PLC

Eastern Merchants PLC was founded in 1945 through the endeavors of two brothers, Sumane and Winton Karunaratne, with an initial working capital of USD 50 accompanied by an incredible will to succeed. The first modest office of this export business was located in Fort, within the Central Business District of Colombo. Their primary export was cinnamon bark oil, a commodity that was traditionally traded by their father and grandfather. From its humble beginnings, Eastern Merchants has now developed into a major trading house. The level of integrity and dedication that the founders instilled is the standard of excellence still maintained by its employees today. The aspirations and ambitions of the founders have been realized through the Company’s growing success, and in 1981, Eastern Merchants became a Public Quoted Company trading on the Colombo Stock Exchange.