Diversified Conglomerate concludes 1st Quarter on a high with 30% Profit growth, boosted by turnaround in Agribusiness Achieving its highest-ever Group Revenue and Earnings Per Share (EPS) for a single quarter, diversified conglomerate Sunshine Holdings PLC has concluded the first quarter of its 2017 Financial Year (1Q 2016/17) on a high note. For the quarter…
Takes top honours winning 11 awards at Presidential Export Awards The Brandix Group won a remarkable 11 awards including the Exporter of the Year awards for 2014 and 2015 at the Presidential Export Awards last evening, taking the top honours at this prestigious event conducted by the Export Development Board (EDB). The awards presented by…
SriLankan Airlines underlined its position as an employer of choice among Sri Lanka’s corporate houses by winning two important accolades – the ‘HR Strategy In Line With Business’ and the ‘Training Excellence Award’ – at the Asia Best Employer Brand Awards 2016 in Singapore on 4th August. Captain Suren Ratwatte, CEO of SriLankan Airlines, said:…
Hayleys PLC, posted Rs.1.03 billion in Profits Before Tax (PBT) for the first quarter of the 2016/17 financial year. Revenue reached Rs. 24.13 billion, continuing the topline growth momentum from the last financial year. The Agriculture, Purification Products, Construction Material,Eco Solutions, and Power & Energy Sectors saw appreciable profit growth over the same period in…
Plans to hold a briefing seminar at the Chamber The Ceylon Chamber of Commerce is calling applications from corporate firms to compete in the “Best Corporate Citizen Sustainability Award 2016”, an annual competition which recognises the corporate sustainability champions in Sri Lanka. The competition, which commenced 12 years ago is aimed at encouraging the corporate…
Amãna Bank was awarded the Gold Award for the Islamic Finance Entity of the Year at the recently concluded inaugural Islamic Finance Forum of South Asia (IFFSA) Awards Night, cementing its leadership status in the Non-Interest based banking and finance industry in Sri Lanka. Held for the first time on an international level, this award…
The 9th Woman Entrepreneur of the Year Awards concluded on a high note, crowning 18 woman entrepreneurs for their outstanding efforts in the business categories Large, Medium, Small and Micro. Lakmini Wijesundara, CEO of IronOne Technologies claimed three awards at the ceremony including the coveted Woman Entrepreneur of the Year Award, Gold Award in the…
The first Sri Lanka national broadband forum, themed “a Better Connected Sri Lanka” co-hosted by Ministry of Telecommunication and Digital Infrastructure and Telecommunications Regulatory Commission, co-organized by Huawei was held in Colombo today. The forum served as an industry dialogue platform, bringing together senior policy makers of the government, local operators, service operators, and industry…
IFC, a member of the World Bank Group, has partnered with leading local apparel manufacturer Hela Clothing (Pvt.) Limited to boost trade opportunities for Sri Lanka’s apparel industry through a trade-supplier finance facility. Hela Clothing is the latest apparel company in Sri Lanka to join IFC’s Global Trade-Supplier Finance program. Through this facility, IFC will…
Investment of Rs 3 billion on capacity enhancement Piramal Glass Ceylon PLC has announced its results for the 1st Quarter of F2017 with Rs. 1,656 Million of Revenue & Rs. 110 Million of Profit After Tax. The total revenue during the first quarter of FY 2017 showed an overall growth of 11%. The positive momentum…
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