Analysis: Asian, Sri Lankan equities attractive on GARY valuation, says CLSA
Nov 14, 2015 (LBO) - Some equities offer dividend returns as well as earnings growth. Called Gary stocks, these are an attractive value proposition in an Asian …
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Sri Lanka Telecom net down 70-pct in Sept
Nov 16, 2015 (LBO) - Sri Lanka Telecom said September 2015 quarter net profit fell 70 percent to 630 million rupees from 2014, interim accounts showed. The …
Sri Lanka’s Commercial Bank net down 2.4-pct in Sept quarter
Nov 13, 2015 (LBO) – Sri Lanka’s Commercial Bank group profit decreased 2.4 percent to 3.2 billion rupees for the three months ended September 30 compared …
Sri Lanka’s Dialog Axiata net down 60 pct to Rs679mn
Nov 11, 2015 (LBO) - Profits at Sri Lanka's Dialog Axiata, which has interests in mobile, fixed and pay television, declined 60 percent from a year earlier to …
Sri Lanka’s Hayleys profits up 6 pct to Rs629mn
Nov 11, 2015 (LBO) – Profits at Sri Lanka’s diversified Hayleys group rose 6 percent to 629 million rupees in the September 2015 quarter from a year ago …
Dunamis Capital to raise Rs1bn from listed debenture
Nov 09, 2015 (LBO) – Sri Lanka’s diversified investment holding company, Dunamis Capital is to raise 1.0 billion rupees from a listed debenture issue, the …
Sri Lanka Chevron lubricants unit profits up 11 pct
Nov 04, 2015 (LBO) - Sri Lanka's Chevron Lubricants Lanka Plc said profits in the September quarter rose 11 percent to 834 million rupees from a year earlier …
Sri Lanka’s JKH’s net up 31 pct in September quarter
Nov 04, 2015 (LBO) – Sri Lanka’s diversified conglomerate John Keells Holdings profits rose 31 percent to 3. online pharmacy buy spiriva inhaler with best …
Tea Smallholder Factories profit drops in Sept quarter
Nov 03, 2015 (LBO) - Sri Lanka’s Tea Smallholder Factories’ made a quarter net loss of 13 million rupees down from 3.4 million rupees profit in the same …
ICRA Lanka assigns A+ rating for Access debenture issue
Nov 03, 2015 (LBO) – ICRA Lanka has assigned a rating of A+ with a stable outlook for the proposed 5 billion rupees debenture issue of Access Engineering. …
Sri Lanka’s Sunshine Holdings Sept group net up 8-pct
Nov 03, 2015 (LBO) - Sri Lanka’s Sunshine Holdings group said September 2015 quarter net profit grew eight percent to 171 million rupees from a year ago …
Sewage line caused delay in construction: Nawaloka Hospitals
Nov 02, 2015 (LBO) – Sri Lankan health care provider Nawaloka Hospitals on Monday said a proposed construction work has been delayed due to a detection of an …
Sri Lanka’s Access Engineering to raise Rs5bn from listed debenture
Nov 02, 2015 (LBO) – Sri Lanka’s construction giant, Access Engineering is to raise 5. online pharmacy buy ciprodex with best prices today in the USA …
Sri Lanka’s Carson Cumberbatch to purchase Equity One shares
Nov 02, 2015 (LBO) – Sri Lanka’s diversified Carson Cumberbatch on Monday said it intends to make an offer to purchase remaining Equity One ordinary shares …
Interview: Three cases reopened, investigation division to expand in Nov, says SEC Chairman
Nov 02, 2015 (LBO) - The Securities and Exchange Commission of Sri Lanka has reopened three cases as part of probes that will be carried out by an expanded …
Norwegian sovereign fund invests in Sri Lanka equities
Oct 31, 2015 (LBO) - Norway's central bank, which manages the world's biggest sovereign wealth fund, has started buying shares in Colombo listed companies. …
Sri Lanka’s John Keells Hotels profits flat in September quarter
Oct 30, 2015 (LBO) - Sri Lankan hotel operator, John Keells Hotels Plc’s profits increased by only 2 percent to 350 million rupees in the September quarter …
Browns Capital invest Rs407mn in Sri Lanka’s solar power plant
Oct 29, 2015 (LBO) - Browns Capital PLC had invested 407 million rupees in Saga Solar power private limited who are in the business of solar power to acquire a …
Sri Lanka Watawala Plantation profits up; palm oil supports bottom-line
Oct 28, 2015 (LBO) – Sri Lanka’s Watawala Plantations said it made a profit of 141 million rupees in the September 2015 quarter, up 354 percent, compared …
Fitch Assigns Sampath Bank’s Subordinated Debt Final ‘A(lka)’
Oct 26,2015 (LBO) - Fitch Ratings has assigned Sri Lanka's Sampath Bank PLC's Base lI-compliant subordinated debentures of up to seven billion rupees , a …