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Abans demonstrates outstanding performance for Q1 FY22
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 posts PAT of Rs. 136 mn for Q1 2021/22
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…
Virtusa introduces QA Automation Module to local universities
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 –…
“Future success in exports driven on back of niche-product strategy”
EDB Chairman Suresh De Mel noted that Sri Lanka’s future success in exports would be driven on the back of a niche-product strategy. He noted multiple successes of export revenue generation companies and how they have successfully…
99x receives USD 20 mn investment from Private Equity
99x received investment as part of its Capital Restructuring program, an investment of USD 20 million towards its next phase of planned growth. The funds were through an investment from Herkules Deal-by-Deal, a Scandinavian private…
K.E.D Sumanasiri assumes duties as BOC’s GM
Veteran banker, K.E.D. Sumanasiri assumed duties as the General Manager of Bank of Ceylon, commencing from August 16, 2021. Sumanasiri assumed duties as the 22nd General Manager of the Bank of Ceylon General Manager’s office at the…