Mission and Vision
Mission
To be committed in providing customers with reliable products and services at affordable prices through an efficient distribution network, whilst ensuring the security of essential commodities and maximizing shareholder returns.
Vision
Be a leading business creating enduring value for all stakeholders, whilst being a catalyst of economic growth and supporting sustainable development.

By the year 2014 STO will become the most successful and the most efficient parent company (of a diversified group of subsidiaries) in the Maldives. By then, we will be a diverse multinational company that would become the first Maldivian company to be listed in an internationally recognized stock exchange. We will never stop diversifying and would reach a stage where we will be manufacturing our own brands in our own manufacturing facilities. We will be renowned in the region as one of the most innovative companies in South Asia. We will make every Maldivian associate themselves with STO and will make them proud of the association with us. We will become one of the best companies to work for where one will have room to excel and grow. We will never lose sight of our core purpose and our contributions to society will come in many forms. Last but not least, investing in our shares will make you a happy investor. Year 2014 will not be a means to an end. It will be merely a beginning.

Core Purpose

The core purpose of STO since its inception in 1964 has been to import and supply staple foods and fuel on a sustainable basis. STO also plays a key role in stabilizing market prices. STO will move forward to expand and provide its services in a socially responsible manner, while ensuring that the core purpose is achieved.

Core Values

  • Nation first - National interest is number one priority
  • Customer focus - Delight each and every customer
  • Employee well-being - Pleasant workplace, learning and growth
  • Leadership - Excel with reliability, integrity, honesty and transparency
  • Social responsibility - Care for the society and the environment