Economics

WindForce Achieves Stellar Q1 Performance with 87% Surge in EBITDA

  • August 16, 2024

WindForce PLC has reported an exceptional financial performance for the first quarter of the 2024/25 fiscal year, showcasing significant growth across key metrics. The company’s EBITDA surged by an impressive 87%, reaching Rs. 1.95 billion, up from Rs. 1 billion during the same period last year, reflecting the company’s strategic advancements and robust market position.

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Industry Analysis

Richard Pieris Group’s Q1 Profits Surge 281% to Rs. 1.75 Billion

  • August 2, 2024

Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, reported a Profit Before Tax (PBT) of Rs. 1.75 billion for the first quarter of the 2024/25 financial year. This represents a 281% increase from the Rs. 459 million recorded in the same period last year. This impressive performance underscores the Group’s resilience

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