 In 1934 Cooray started distilling arrack and vinegar at his Anwil Distillery.He was also the owner of the Neboda Omnibus Company and the chairman of Free Lanka Finance Ltd.He also, as a board member of Global Films, produced several films including "Kalu Diya Dahara", which debuted Ravindra Randeniya, and "The God King", which was directed by Lester James Peiris.