Business

Insurer Janashakthi Insurance PLC, announced the appointment of Anil Tittawella as the company’s Chairman with effect from August 11, 2021. Anil Tittawella succeeds Prakash Schaffter, as he steps down from his role as the Executive…

Sri Lankan insurer Co-Operative Insurance, recently announced their plans to go for its first Initial Public Offering (IPO) in 2021 following a commanding financial performance for the past year. The IPO will be managed by the Merchant…

Access Engineering PLC, engineering company interim financial statements for the 3 months ended 30 June 2021 saw them record an impressive after tax profit of Rs. 550 million at the Company level for the quarter with a corresponding…

Abans PLC, has reported a commendable performance in Q1 FY22, despite the pandemic-induced economic slow-down intensified by a month-long island wide lockdown. Abans PLC generated revenue of Rs. 10.6 billion in Q1 FY22 against Rs. 6.7…

First Capital Holdings PLC (the Group), a member of the Janashakthi Group recorded a Profit after Tax of LKR 136Mnfor the first quarter of 2021 (1stQuarter of 2021/22) compared to LKR 1.46Bn in the corresponding period of the previous…

The formalization of the QA Automation Module (from left to right) Aniston Leo – Executive HR at Virtusa, Thilan Perera – Lead Consultant – HR at Virtusa, Sampath Thrimavithana – Associate Director – HR at Virtusa, Ajitha Wanasinghe –…

Sri Lanka is to receive over USD 2.65 billion foreign receipts in the next three months, said State Minister of Finance and Capital Market Development, Ajith Nivard Cabraal. In an interview with ‘CNBC Street Signs Programme’ he…

Amãna Bank Bank’s Profit Before Tax (PBT) doubled or grew by 102% YoY to reach LKR 505.7 million from LKR 250.5 million recorded in H1 of 2020. Profit After Tax (PAT) for the same period significantly grew by 70% to reach LKR 289.3…