Industry Analysis

SLT-Mobitel Reports Moderate Revenue Growth and Improved Profitability in 1H 2024

SLT-Mobitel has demonstrated resilience in the first half of 2024, reporting moderate revenue growth alongside significant improvements in profitability. For 1H2024, the group’s.

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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.

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Economics

CEB Cuts Tariffs Due to Lower Generation Costs, IPP Payments Unaffected

Fitch Ratings-Colombo/Singapore-25 July 2024: Despite a 22.5% tariff cut effective from 16 July 2024, Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will remain.

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