Healthcare

Nawaloka Hospitals Wins Merit Award at 2024 NBEA

In recognition of its unwavering dedication to healthcare, Nawaloka Hospitals PLC has been honored with the Merit Award in the Hospital Sector at the 2024 National Business Excellence Awards (NBEA). Organized by the National Chamber of Commerce of Sri Lanka, the NBEA celebrates businesses that showcase excellence and contribute to the nation’s economic progress. As

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Business

Sunshine Holdings Reports 6.5% Revenue Growth Despite Lower Profit

Sunshine Holdings PLC (CSE: SUN) has reported a consolidated revenue of Rs. 14.2 billion for the first quarter of the 2024/25 financial year, marking a 6.5% increase year-on-year (YoY). However, Profit After Tax (PAT) fell by 3.6% YoY to Rs. 1.4 billion. The Group’s Healthcare sector remains the largest contributor, generating 53.1% of total revenue,

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Industry Analysis

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 facing a challenging economic environment, the Group achieved operating profits of Rs. 1.9 billion and earnings of Rs. 0.9 billion during this period. The revenue decline compared to the previous year was

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