Finance

Hela Apparel Holdings Reports 36.5% Revenue Growth in Q2 FY25

Hela Apparel Holdings PLC has reported a remarkable financial turnaround for the second quarter ending 30 September 2024, marking the return to operating.

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Finance

Fitch: Economic Recovery to Boost Growth in Sri Lanka’s Finance and Leasing Companies

Fitch Ratings announced that Sri Lanka’s ongoing economic recovery, combined with moderating inflation and lower interest rates, is set to drive the growth.

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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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Economics

Sri Lanka CPC Oil Imports and Sales Decline with New Market Players

Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) spent 648.7 million US dollars on oil imports in the first four months of 2024, down.

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