Ceylinco Life’s 9-month net profit up 62-pct to Rs3.28Bn
Nov. 15, 2018 (LBO) - Sri Lanka's Ceylinco Life has reported profit before tax of 3.734 billion rupees for the period nine months ending 30th September 2018. …
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Vallibel Finance pre-tax profits grow by 28.2-pct to Rs.1.03Bn
Vallibel Finance PLC returned yet another impressive report card with profits before tax (PBT) for the six months ending September, 2018 reaching a record high …
Central Bank warns public to be attentive to financial scams/ phishing emails
Nov 14, 2018 (LBO) - The attention of the Central Bank of Sri Lanka (CBSL) has been drawn to recent grievances received from the general public regarding …
Hayleys records turnover of Rs.103Bn for six months ending September
Nov 13, 2018 (LBO) - Hayleys PLC, a diversified conglomerate posted a 65 percent Year-on-Year (YoY) increase in turnover up to 103 billion rupees for the six …
Sri Lanka port volumes up
Nov 13, 2018 (LBO) - State owned Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA), witnessed the highest growth of 23.3 percent in …
Dipped Products posts PBT of Rs.553Mn in 1H 2018/19
Nov 13, 2018 (LBO) - Dipped Products Group, a subsidiary of the Hayleys Group reported a profit before tax of 553 million rupees for the 1H of 2018/19, a …
John Keells Holdings (JKH) makes Rs11bn stock buyback offer
November 12, 2018 (LBO) - Shares of Colombo Stock Exchange market bellwether John Keells Holdings (JKH) were halted this morning pending announcement of a …
Haycarb records turnover of Rs.8.9Bn with PBT of Rs.502Mn for H12018/19
Nov 09, 2018 (LBO) - Haycarb PLC, a manufacturer of coconut shell activated carbon reported revenue of 8.9 billion rupees and profit before tax of 502 million …
Sri Lanka’s Watawala Plantations records PAT of Rs.554Mn
Nov 09, 2018 (LBO) - Watawala Plantations PLC reported a profit after tax (PAT) of 554 million rupees for the six months ended 30 September 2018. The Company …
Sri Lanka tea prices mixed in Oct 2018
Nov 09, 2018 (LBO) - Sri Lanka's low growns teas continued to meet with good demand, whilst high and mid grown small leaf teas continued to witness downward …
Finance Minister revives Tax Appeals Commission to expedite dispute resolution
Nov 08, 2018 (LBO) – Sri Lanka's Tax Appeals Commission (TAC) which has been inactive for some time has now been revived with the reappointment of Justice …
Harry, Captains up stakes in John Keells Holdings (JKH)
November 8, 2018 (LBO) - Colombo Stock Exchange market bellwether John Keells Holdings (JKH) reported its quarterly results last night, which included an …
JKH PBT down 5-pct in 2Q: Revenue Rs.32.57Bn
Nov 08, 2018 (LBO) - Sri Lanka's John Keells Holdings (JKH) said the Group recorded a profit before tax (PBT) at 4.69 billion rupees in the second quarter of …
Nestlé opens third milk chilling centre in Mannar district
(PRESS RELEASE) - Continuing its strong dairy development drive in the country, Nestlé has opened its third milk chilling centre in the Mannar district, in …
CSE & GRI announce next round of workshops for listed companies
The Colombo Stock Exchange (CSE) announces the next round of workshops on corporate transparency and sustainability to be conducted in partnership with the …
Central Bank releases step by step guide to doing business in Sri Lanka
Nov 07, 2018 (LBO) – The Eighth edition of “A Step by Step Guide to Doing Business in Sri Lanka” has been published by the Central Bank. The guide has …
Allianz tops Dow Jones Sustainability Index 2018
Sector leader in prestigious sustainability rating with 85 out of 100 points, second time in a row Best in sector in climate strategy, human capital …
Sri Lanka explores tourism market potential in Switzerland
Nov 06, 2018 (LBO) - The Sri Lanka Mission in Geneva in collaboration with Sri Lanka Tourism Promotion Bureau organized the islands participation at a tourism …
Asiri buys Hemas Southern Hospital for Rs.450Mn
Nov 06, 2018 (LBO) - Asiri Hospital Holdings Plc, a subsidiary of Softlogic Group acquired Hemas Southern Hospitals for 450 million rupees, a statement said. …
Mangala says Singapore Platts price of refined petrol down 12-pct since Oct 10
Nov 05, 2018 (LBO) – Mangala Samaraweera says that the Rajapaksa administration is attempting to revert to the opaque, politicized regime of fuel pricing …