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The roots of State Trading Organization PLC, dates back 1964 when it was opened to finance the purchasing and importation of essential food items needed for the Maldivian community in bulk. Today STO has sustained this crucial responsibility to oversee the food security concerns of the government. STO group, with its subsidiaries, joint ventures and associates, is a national leader in business. It also focuses in petroleum, cooking gas, construction materials, medical supplies and pharmaceuticals, home appliances, electronics, supermarket products and insurance. STO has set new focus to make a splash in the tourism sector. Ongoing and upcoming projects in this sector are designed to ensure STO becomes a big player in hospitality.

View Top Employees from State Trading Organization plc
Website https://sto.mv
Revenue $781.2 million
Employees 400 (212 on RocketReach)
Founded 1964
Address No.137 (S.Hithadhoo) Ziyaaraiy Faanu Magu, Hithadhoo, Kaafu Atoll 20345, MV
Phone (960) 796-2788
Technologies
Industry Wholesale Import and Export
Web Rank 2 Million
Keywords Sto, Managing Director, State Trading Organization Plc, Nippon Paint Maldives

State Trading Organization plc Questions

The State Trading Organization plc annual revenue was $781.2 million in 2024.

Shahid Ali is the Managing Director of State Trading Organization plc.

212 people are employed at State Trading Organization plc.

State Trading Organization plc is based in Hithadhoo, Kaafu Atoll.

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