Markets

Sri Lankan Market Ends July with LKR 4.0 Bn Turnover Amid Broad Declines

  • August 1, 2024

July ended with a market turnover of LKR 4.0 billion as indices closed in the red due to price losses in key counters such as John Keells Holdings, Sampath Bank, and Melstacorp. The total turnover crossed Rs. 3.9 billion, with notable crossings in Overseas Realty accounting for 74.0% of the turnover. Mixed interest was observed

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Finance

Overseas Realty Reports Rs. 3.5 Billion Profit for H1 2024

  • July 26, 2024

Overseas Realty (Ceylon) PLC has announced impressive financial results for the six months ending June 30, 2024. The company recorded a Group Revenue of Rs. 3,605 million and a Group Profit Before Tax of Rs. 3,519 million. The appreciation of the Sri Lankan Rupee (LKR) contributed to a net exchange gain of Rs. 1,134 million,

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