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Business Philosophy

Richard Pieris & Company Plc has been touching the lives of Sri Lankans all over the island for
81 years. We have made an incredible mark in the industry and together with a team that is
focused on success, have taken our business to new heights. This year, as we celebrate myriad of
achievements, we look back on the illustrious years that have brought us to where we are today.
Vision
To be a market driven, technologically oriented diverse group.
We will organise and operate to continually focus on exceeding the expectations of our
customers, whilst excelling in profitability and we will attract, develop and retain talented people
to ensure the continued growth and viability of all our business ventures.
Mission
To continually exceed the expectations of our customers.
To optimise the contribution from our employees by providing career and personal development
opportunities, thereby creating an atmosphere that would motivate and internalise employee
aspirations with corporate objectives.
To provide a satisfactory return to shareholders whilst retaining sufficient funds for reinvestment,
thereby enhancing corporate wealth.
To ensure continuous growth by the planned expansion and diversification of business activities.
To continually strive for the upliftment of our community whilst adhering to high ethical
standards in business.
Richard Pieris & Company PLC
Search any household in Sri Lanka, from the highest to the most humble, and your chances of
not finding at least one product manufactured or sold by Richard Pieris and Company PLC are
slim indeed. From food products, medicines, general plastic and rubber household goods to foam
mattresses and furniture, Sri Lanka's consumers turn to us for an almost incredible variety of
products. In the process, they have turned the name of our Company and the Arpico brand into
household words across the country.
The beginning of this national institution was modest. The founding partners set themselves up in
business as 'commission agents, general import and export merchants and dealers in estate

supplies', and by doing so they were actually creating new dimensions for a Ceylonese
mercantile community to emerge. The Company's first business venture was a filling station.
Turnover grew by more than 500 percent in the first seven years. In 1940 the business was
converted into a limited-liability company with the founding partners as Directors. The issued
share capital of Rs. 50,000 was substantial for its day, and the new company boasted 70
employees.
When the world went to war, rubber became a precious commodity to the Allies and tyres were
reserved for military use. Seeing a business opportunity in the midst of those dark days, Richard
Pieris and Company PLC launched a tyre-rebuilding business to meet the demand for these
essential products. The Company's first manufacturing venture met with abiding success; today,
our Arpico and Arpidag brands remain leaders in the domestic rebuild tyre market.
Today, Richard Pieris and Company PLC can justifiably claim a place in the front rank of the
country's diversified business conglomerates. Our diversified manufacturing operations in rubber
and plastic products combined with our investments in Sri Lanka's largest retail super centres,
and in management of the plantations, make our company shares a secure and dependable longterm investment.
Our financial results for the current year display a step down in performance, but we want to
treat this year as a year of consolidation of all business operations. The company is consistent,
substantial and above all has shown continuous profitability over several decades. We have
gradually evolved into being the market leaders in almost every line of merchandise
manufactured and distributed by us. Today, the Group is well established, stable, diversified and
forward-looking.
We look forward to a bright future and enhanced shareholder returns by concentrating on our
core business operations that we now dominate.

HYBRID TANK
SAVE WATER SAVE LIFE
Arpico Hybrid's function oriented features include a state of the art monocoque
diagonal design for maximum strength. A screw lid seals the tank, preventing
insects and dirt from contaminating the water. The Hybrid's wide opening and
strong base ease the cleaning process whilst its strengthened shoulder lugs enable
easy lifting and anchoring of the tank. Aerodynamically designed, the tank can
withstand strong winds and maintains a moderate water temperature through
fluctuating weather patterns.

Incorporating the premium, multi-layer technology used in Arpico's Triple Layer


Tank, the Hybrid offers a threefold commitment to quality water storage. Each layer
serves a function beginning with the innermost white layer which determines the
freshness and purity of the water, providing a clear visual backdrop. The insulating
properties of the middle layer keep the water cool by minimizing the absorption of
heat, and plays the key role of preventing algae formation. The outer Layer protects
the water from harmful ultraviolet rays of the sun.

Garden Hoses
Water At Your Finger Tips
Richard Pieris Rubber Products Ltd has been manufacturing garden hoses since
1945. Also being the market leader in manufacturing rubber hoses under "Arpico"
brand name; it always assures a quality product.
Our quality hoses range from:
Light Duty Garden Hoses-Size
1'' (Available in 5m, 10m,
15m, 20m &30m)
Heavy Duty Garden Hoses
(Super Hose) - Size ''
(Available in 15m & 30m)
Agricultural Hoses - Size ''
(Available in 15m & 30m)
Size 1'' (Available in 15m & 30m)
Industrial Hoses - Size 1 '' & 2''
(Available in 15m only)

Arpico Mattress - Spring Mattress


Dont Just sleep.. Sleep well.

Spring Time Natural


The 5 Zone pocket spring mattress is made with natural latex foam. The mattress
consists of a latex foam layer, an ultra soft layer, a high density and a premium
quality 5 Zone pocket spring, which provides comfort while you sleep. The fabric is
made with Aloe Vera which makes the mattress fire retardant and resistant to dust
mites and fungus.

Available Sizes
72x36x10
72x48x10
72x60x10
72x72x10
75x36x10
75x48x10
75x60x10
75x72x10
78x60x10
78x72x10

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