Business

Grand Ward Place handover by year endBusinessTags: Print EditionPrime Lands Residencies PLC (PLR) has posted a record profit before tax of LKR 1,848 million for FY 2021/22 while maintaining a profit after tax of LKR 1,682 million. The…

BusinessSome of the participants at the event.Tags: Print EditionColombo Dockyard PLC (CDPLC) launched “Misje Vita”, a 5000DWT EcoBulk Carrier being built for Misje Eco Bulk AS, Norway (Misje). This is the first Vessel of a series and…

BusinessTags: Print EditionThe Bourse ended the week on a mixed note this week with ASPI increasing by 49.94 points (or 0.60%) to close at 8,315.55 points, while the S&P SL20 Index decreased by 17.87 points (or 0.65%) to close at…

BusinessChairman A. R. RasiahTags: Print EditionAmidst a host of global and local challenges, Hela Apparel Holdings PLC recorded a landmark year of growth in FY 2021/22, with revenue increasing by 75% to LKR 56 billion. Profits…

BusinessSTF Corporate Advisory MD Sanjana T. FernandoTags: Print EditionSTF Corporate Advisory has successfully managed to source and secures a US$ 15-Million-dollar loan from Washington based United States International Development…

BusinessTags: Print EditionSDB bank recently entered into a joint initiative together with the Asian Development Bank (ADB), to provide a line of credit (LoC) to selected small and medium-sized enterprises (SMEs) in Sri Lanka,…

BusinessTags: Print Edition26th May 2022, Colombo: Eric Rajapakse Opticians, Sri Lanka’s leading eyecare specialist with over 100 years of expertise, is celebrating its 105-year journey by organizing free eye and hearing checkup camps…

BusinessTags: Print EditionColombo bourse continued its declining trend amidst the market fear over tax hikes shortly after Prime Minister Ranil Wickremesinghe was appointed. Thus, The All-Share Price Index decreased by 50.6 points…

BusinessTags: Print EditionRasoda Dairies (Pvt) Ltd. a leading dairy products manufacturing company in Sri Lanka, was awarded the Gold Award in the medium and large dairy products category at the National Industrial Excellence Awards…

BusinessTags: Print EditionappiGo, an e-commerce service provider powered by hSenid, has relocated to its new head office at 100, Ward Place, Colombo. Against the backdrop of the C-19 pandemic when the businesses were desperately…