Finance

CIC Holdings Posts Rs. 64.6 Billion Revenue with Strong Sectoral Performance in 9MFY25

CIC Holdings PLC, a leading diversified conglomerate, reported a 7.49% year-on-year (YoY) increase in consolidated revenue, reaching Rs. 64.66 billion for the nine.

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Finance

Sunshine Holdings’ Revenue Reaches Rs. 45.2 Billion in 9MFY25 Amid Strong Healthcare Performance

Diversified conglomerate Sunshine Holdings reported a consolidated revenue of Rs. 45.2 billion for the nine months ending 31 December 2024 (9MFY25), marking a.

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Finance

HNB Investment Bank Set to Transform Sri Lanka’s Financial Landscape

Hatton National Bank PLC (HNB) has successfully acquired full ownership of Acuity Partners Ltd., rebranding it as HNB Investment Bank. This move aims.

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Finance

ACCA Sri Lanka Presents Budget Proposals for 2025 to Deputy Minister of Finance

The Association of Chartered Certified Accountants (ACCA) Sri Lanka recently submitted its comprehensive proposals for the 2025 National Budget to Deputy Minister of.

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Finance

Sri Lanka’s Central Bank Net Foreign Reserves Turn Positive in October 2024

Sri Lanka’s net foreign reserves moved into positive territory in October 2024, with reserves exceeding reserve-related liabilities by approximately 63 million US dollars,.

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Finance

People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance

People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.

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Finance

Sri Lanka Bondholders Incentivized to Join Exchange, Says CB Governor

Holders of Sri Lanka’s defaulted sovereign bonds have been given sufficient incentives to participate in the exchange launched this week, according to Central.

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Finance

Vallibel Finance Raises Rs. 3 Billion Through First-Ever Listed Debenture Issue

Vallibel Finance PLC has successfully raised Rs. 3 billion through its inaugural listed debenture issue, which concluded last week. The issue attracted overwhelming.

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Finance

Hela Apparel Holdings Reports 36.5% Revenue Growth in Q2 FY25

Hela Apparel Holdings PLC has reported a remarkable financial turnaround for the second quarter ending 30 September 2024, marking the return to operating.

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Finance

NDB Reports Strong Profit Growth Amid Improving Economic Conditions in Sri Lanka

The National Development Bank PLC (NDB) has announced robust financial results for the nine months ending 30 September 2024, highlighting its resilience and.

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