Hemas Holdings Posts Rs. 25.5 Billion Revenue for FY25 Q1 Amid Economic Challenges
Hemas Holdings PLC has reported a consolidated revenue of Rs. 25.5 billion for the first quarter of FY25, ending June 30, 2024. Despite.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Industry Analysis
Finance
Seylan Bank Profits Soar 50% in June Due to Lower Loan Loss Provisions
Seylan Bank PLC reported a significant profit increase for the quarter ending June, driven primarily by a reduction in loan loss provisions. The.
- August 1, 2024
Finance
DFCC Bank Offers 0.5% Additional Interest on Fixed Deposits via Online Banking
As a pioneer in the digital banking revolution in Sri Lanka, DFCC Bank is empowering its customers with an additional 0.5% interest on.
- July 31, 2024
Tech Industry
SLT-Mobitel Nebula Institute Becomes 10th IET On Campus Chapter
The SLT-Mobitel Nebula Institute of Technology has been recognized as the 10th IET On Campus Chapter through a partnership with the Institute of.
- July 31, 2024
Finance
Government to Issue New Gazette for Rs. 1,700 Wage for Plantation Workers
The government is set to implement the Rs. 1,700 daily wage for plantation workers by issuing a fresh gazette within the first two.
- July 31, 2024
Finance
JKH Reports Rs. 7.7 Billion EBITDA but Suffers Rs. 868 Million Loss in 1Q FY25
Top blue-chip company John Keells Holdings Plc (JKH) reported an EBITDA of Rs. 7.7 billion for the first quarter of FY25, marking a.
- July 31, 2024
Industry Analysis
Ceylon Cold Stores Reports Strong Q1 Results, Reflecting Consumer Spending Recovery
Ceylon Cold Stores PLC, a subsidiary of John Keells Holdings, has showcased robust financial performance for the April-June quarter of fiscal year 2025,.
- July 30, 2024
Industry Analysis
Commercial Bank of Ceylon Joins PCAF as Sri Lanka’s First Signatory
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to join the Partnership for Carbon Accounting Financials (PCAF), a.
- July 30, 2024
Industry Analysis
Thilak Piyadigama Appointed Chairman of WEBXPAY
WEBXPAY has announced the appointment of Thilak Piyadigama as its new Executive Chairman, marking a significant step forward in enhancing digital payment solutions.
- July 30, 2024
Industry Analysis
ALFT Packaging: South Asia’s Only Miraclon Lighthouse Project at Drupa 2024
ALFT Packaging, a leader in the flexible packaging sector, made a notable impact at Drupa 2024, the world’s largest trade fair for the.
- July 30, 2024