Exchange Rates on 16.08.2021
BusinessTags: Print Edition
Tuesday, August 17, 2021 - 01:00
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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…
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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…
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Access Engineering records Rs. 550 mn profits in 1Q22
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…
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Co-Operative Insurance announces IPO
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…
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Anil Tittawella Chairman, Janashakthi Life
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…
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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…
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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…
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