Associated Newspapers of Ceylon Limited

Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala, English and Tamil.^[2]

Associated Newspapers of Ceylon

Type	Government-owned corporation
Industry	Media
Founded	1926; 97 years ago (1926)
Founder	D. R. Wijewardena
Headquarters	Colombo, Sri Lanka
Area served	Sri Lanka
Key people	Krishantha Cooray^[1] (Chairman) Kavan Ratnayaka^[1] (Managing Director) Emerick Fernando^[1] (Director) Sirimewan Dias Piyasena^[1] (Director)
Products	Newspapers
Revenue	Rs 3.050 billion (2016)^[1]
Operating income	Rs 28.008 million (2016)^[1]
Net income	Rs 20.608 million (2016)^[1]
Total assets	Rs 1.920 billion (2016)^[1]
Total equity	Rs 542.388 million (2016)^[1]
Owner	Government of Sri Lanka (87%)^[1]
Number of employees	1,526 (2016)^[1]
Website	Official Website

Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the Government. Lake House is Sri Lanka's oldest publication company. Its Daily News English daily was the first Sri Lankan newspaper to be published on-line. At present Dinamina, Resa,^[3] Daily News, Thinakaran, Sunday Observer,^[4] Silumina, Budusarana and Sarasaviya publications are available on-line.

ANCL is in the process of introducing all publications to the ANCL website in the near future thus giving Sri Lankan expatriates as well as foreign communities opportunities of accessing news in Sri Lanka.^[2]

During the 2018 Sri Lankan Constitutional Crisis, the Lakehouse building was the site of many skirmishes between loyalists of former president Mahinda Rajapaksa and Prime Minister Ranil Wickremesinghe, due to the government-owned nature of the publications housed within the building.

References

1. "Associated Newspapers of Ceylon Limited 2016 Annual Report" (PDF). Parliament of Sri Lanka. pp. 7, 9, 12. Retrieved July 18, 2017.
2. . Archived from the original on 2009-05-22. Retrieved 2009-09-03.
3. "ඇස පාදන රැස | සුවහසක් එක දෙසට". www.resa.lk. Retrieved 2018-06-15.
4. Epitome of Sri Lankan journalism 2016-03-03 at the Wayback Machine.