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 revenue reached Rs.53.5 billion, reflecting a 1.6 percent increase from the previous year. Gross profit grew by 4.0 percent to Rs.20.9 billion, with the gross profit margin expanding to 39.0 percent. Despite

Read More
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,

Read More