Future Outlook
Revenue Growth
Luminex PLC expects to achieve steady growth across all key industry segments, driven by increasing demand for reliable engineering and infrastructure solutions in Sri Lanka and beyond. The company continues to strengthen its position in Telecommunication, Electrical, Civil, Water & Sewerage, and Agriculture sectors through strategic planning and continuous innovation.
Ongoing investments by telecommunication companies in upgrading network infrastructure are expected to create strong opportunities for expansion. Luminex is well-positioned to support these developments with its proven expertise, skilled workforce, and commitment to delivering high-quality projects.
By staying aligned with emerging technologies and industry trends, Luminex aims to enhance operational efficiency, expand its service capabilities, and deliver long-term value to clients and stakeholders.
Diversification of Revenue
The company intends to follow a path of diversifying the revenue sources with the EMP and Civil engineering component of the revenue increasing from the current levels.
International expansion
The Company sees that the global presence as an important and inevitable part of its future as well as the growth. The company has already taken the initial steps to have fully Operational presence of Telecom sector in the Middle East.
Continuing to stay abreast with technology
Luminex will continue to keep up with the Emerging technology trends to become more competitive in the Industry and proficiency in all business segments.
Continuous training and development, international experience and knowledge share partnerships are expected to gear the company and staff for this effort .
Assumption Related to the Future Plans
In establishing future strategies, the company has considered following assumptions to evaluate both positive and negative possibilities.
– Gradual easing of the covid pandemic and related travel restriction and social distance and quarantine measures
– Telco market remains resilient despite the difficult macro environment
– Continue investment by telcos in upgrading their infrastructure in line with global technological trends
– Low interest rate scenario will ease access to capital
– Continued government policy of supporting IT, infrastructure investments and construction