The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has secured a 14.73% stake in Sunshine Healthcare Lanka Ltd. for Rs. 3.27 billion. Originally announced earlier this year, Sunshine Healthcare confirmed on Friday that the transaction was completed with the issuance of 1.9 million shares on October 3, following the
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,
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