Business

BusinessChairman Gihan Cooary and Director/CEO Hemantha D GunetillekeTags: Print EditionNations Trust Bank PLC recorded steady performance at the end of 1H2022, achieving Operating Income of LKR 16.6Bn at a year-on-year growth rate of…

Ranked among ‘Top 20 Most Respected Entities’BusinessTags: Print EditionNestlé Lanka was ranked Sri Lanka’s ‘Most Respected Food and Beverage Entity’ in LMD’s ‘Most Respected Entities’, issue 2022 released recently. The company was…

BusinessNew Corporate office Colombo 03Tags: Print EditionVallibel Finance records a pre-tax profit of Rs. 4.7 billion (a 67.1% increase) in comparison with Rs. 2.3 billion recorded in 2020/21. Profit after Tax rose to Rs. 2.9 billion…

From fifth position five years ago:BusinessChairman Ashok Pathirage and MD Iftikar Ahamed Tags: Print EditionSri Lanka’s fastest-growing life insurer Softlogic Life announced that the company had climbed its way to becoming Sri…

BOI inks USD 1.2 bn projects for first six monthsBusinessShirajiv SirimaneEravur Fabric Park in Batticaloa Tags: Print EditionDespite the current economic issues there is an overwhelming foreign and local investor response for the…

BusinessTags: Print EditionSeylan Bank recorded a Profit after Tax of Rs. 1,504 mn for the 6 months ended June 30, 2022 against Rs. 2,105 million reported in the corresponding period of 2021. This has been seen by financial analysts as…

BusinessTags: Print EditionFree Trade Zone Manufactures’ Association (FTZMA) in a letter to Minister of Power and Energy Kanchana Wijesekara says that the published electricity hike by the Public Utilities Commission of Sri Lanka…

BusinessThe inaugural meeting of the Stakeholder Engagement Committee in progressTags: Print EditionThe Central Bank of Sri Lanka (CBSL), with a view to broadening its engagement with key stakeholders of the economy, established the…

BusinessChairperson, Aruni Goonetilleke and MD /CEO Jonathan AllesTags: Print EditionHNB Group recorded a Profit Before Tax of Rs 6.7 Bn and a Profit After Tax of Rs 6.1 Bn during the first six months of 2022 amid extremely challenging…

BusinessChairman, Gunewardene and CEO, Pubudu De SilvaTags: Print EditionTeejay Lanka PLC has made a positive start to 2022-23 posting Group revenue of Rs 23.9 billion for the three months ending June 30, 2022. The Group achieved…