The Sri Lankan multinational Haycarb PLC reported a revenue growth of 6% to Rs. 5.5 billion and profit before tax of Rs. 417 million for six months ending 30th September 2015. The profit after tax stood at Rs. 351 million. Haycarb PLC Managing Director, Mr. Rajitha Kariyawasan said, “Even though the raw material prices in…
Sri Lanka Telecom PLC (SLTL) opened trading on the Colombo Stock Exchange (CSE) today (November 2). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Chairman Mr. P.G. Kumarasinghe Sirisena, Group Chief Executive Officer Mr. Dileepa Wijedsundera, Chief Marketing Officer Mr. Ajantha Seneviratne, Chief…
The TJL Group who had successfully concluded the acquisitions of Quenby Lanka Private Ltd. (QBL), on 1st September 2015 completed its second takeover of Ocean India Private Ltd. (OCI), recorded a consolidated revenue of Rs. 4.0 billion with a net profit of Rs. 468 Million for the quarter ending 30th September 2015. The record achievement…
For Every Miss call given to 1357, when you see any Insurance Advertisement, will help SLIC donate Rs10/- towards Paediatric Ward of NICM Sri Lanka Insurance (SLIC) is committed to protecting not only today but also tomorrow. The nation’s future is dependent on children and from its onset SLIC has been involved in projects that…
World-renowned Swiss hair care specialist brand Valera is now available in Sri Lanka through Atom Technologies, the sole agent for Valera hair care appliances. Valera is sold in over 80 countries and offers three categories of products – Valera Swiss Hair Specialists (for personal use), Valera Professional and Valera Hospitality. The wide range of products…
~ Valuable cash prizes of up to Rs. 100,000 given to loyal tilers ~ Lanka Walltiles PLC and Lanka Tiles PLC, the pioneers of wall and floor tile manufacturing in Sri Lanka, recently celebrated the 1st anniversary of the Lanka Tiles Tilers Club. The grand event was held at the Nelum Pokuna in Colombo where…
Group turnover for the 1st half of the financial year was Rs. 10.9 billion, compared to Rs.15.1 billion for the same period of the previous year. The Hand Protection sector contributed a modest Rs 6.18 billion to the Group’s top line, while the Plantation sector recorded a turnover of Rs. 5 billion for the period….
Tech Pacific Lanka’s SAP implementation arm, vCentric Technologies were awarded three SAP Partner Awards at the recently concluded SAP Partner Summit 2015, held in New Delhi-India. The awards received were “Partner of the Year Award for General Business”, “Award for Best Customer Engagement-Post Sales” and “SAP Business Suite powered by SAP HANA Initiative Award”, of…
Creativity and fun marked this year’s Children’s Day celebrations at the Etisalat Lanka Head Office in Colombo 03, when the organization opened up its doors to host the children of employees to a special event filled with a series of fun and engaging activities. The event was attended by more than 30 children and kicked…
Trillion Investments Limited (Trillion), a licensed investment manager, regulated by the Securities and Exchange Commission of Sri Lanka, advised and lead managed Sri Lanka’s first “green” asset backed securitisation. Pan Asia Banking Corporation PLC (Pan Asia Bank), who is making a concerted effort to positively contribute to reducing carbon footprint in Sri Lanka, fully subscribed…
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