Insurance

Ceylinco Life Retains No. 1 Spot in Life Insurance with Rs. 37.14 Bn Premium Income in 2024

Ceylinco Life has once again asserted its dominance in Sri Lanka’s life insurance sector, recording a gross written premium income of Rs. 37.14.

  • April 24, 2025
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Business

Seylan Bank’s Net Profit Surges 90% in Q4 2024 Amid ISB Restructuring

Sri Lanka’s Seylan Bank PLC reported a 90% increase in net profits, reaching 3.51 billion rupees in Q4 2024, driven by a reversal.

  • February 28, 2025
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Business

HNB Assurance Group Posts 21% GWP Growth and Strong Financial Performance in 2024

The HNB Assurance Group, consisting of HNB Assurance PLC (HNBA) and HNB General Insurance (HNBGI), recorded a 21% growth in Gross Written Premium.

  • February 25, 2025
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Uncategorized

Bond Yields Remain Broadly Stable with Minor Movements

Sri Lanka’s bond yields were broadly stable on Friday with minor fluctuations observed across maturities:

  • January 24, 2025
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Economics

Aitken Spence Reports 10.4% Growth in EBITDA to Reach Rs. 8.9 Billion in 1H25

Aitken Spence PLC, a leading diversified conglomerate, announced a strong financial performance for the first half of the fiscal year 2025. The company.

  • November 18, 2024
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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.

  • November 14, 2024
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Finance

JAT Holdings Posts 67% PAT Growth Despite Bangladesh Challenges, Expands Global Footprint

JAT Holdings PLC reported a robust 67% growth in Profit After Tax (PAT) for the first half of FY 2024/25, reaching Rs. 512.

  • November 7, 2024
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Industry & Analysis

Commercial Bank of Ceylon Ranks Second in LMD 100 for 2023-24

The Commercial Bank of Ceylon has achieved the remarkable feat of being ranked second in the ‘LMD 100’ for 2023-24, advancing five positions.

  • October 4, 2024
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Industry & Analysis

Amana Bank Declares Record Dividend for Seventh Straight Year

Amana Bank has declared its seventh consecutive annual dividend, marking its highest payout to date, totaling Rs. 661 million. This represents a significant.

  • October 3, 2024
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Business

JAT Holdings Achieves 77% Bottom Line Growth in Q1 FY25

JAT Holdings PLC has reported impressive financial results for the first quarter of FY25, with significant growth in both revenue and profit. The.

  • August 21, 2024
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