Continuing its positive trajectory, Sri Lanka’s emerging financial conglomerate, JXG (Janashakthi Group), reported a consolidated net profit after tax (NPAT) of LKR 2.28 billion for the first quarter ended 30th June 2025. The group’s positive performance was fueled by a robust 41% year-on-year (YoY) growth in consolidated revenue, which reached LKR 8.36 billion. These results…
Another workshop in a series of special seminars planned for government executive officers on the use of artificial intelligence (AI) to turn the public service into an effective and efficient service was held at Temple Trees last Saturday(16). Organised by the Ministry of Digital Economy, with the support of the Presidential Secretariat, under the theme…
Group records Rs. 4.3 billion PAT in 1H 2025, marking strong turnaround from loss in 1H 2024 Group operating profit up 148% in Q2 2025, driven by disciplined execution and financial momentum Group finance cost down 18.9% in Q2 2025, reflecting prudent financial management SLT company PAT up 873%, reaching Rs. 2.6 billion from Rs….
Financial education must become a national priority if Sri Lanka is to overcome its debt challenges and avoid future crises, urged Robert Kiyosaki, the globally acclaimed author of Rich Dad Poor Dad. In an exclusive interview on HydePark, aired on Ada Derana 24, Kiyosaki said the country’s problems are not due to lack of resources…
hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the first quarter of FY2026, reporting stable topline performance and the continuation of profitability improvements seen in the prior quarter. Total revenue for the quarter reached LKR 471.7 million, with recurring subscription revenues growing 36 per cent year-on-year in LKR terms. A decline in professional…
The All Share Price Index (ASPI) of the Colombo Stock Exchange closed above 20,000 points for the first time today, marking a significant milestone in the capital market’s history. Accordingly, the ASPI closed at a new high of 20,218.36 points today (15), up by 289.69 points (1.45%) from the previous close. Although the index had…
New York, NY, August 14, 2025 – Fitch Learning, a global leader in financial learning and professional certifications, today announced it has signed an agreement with Moody’s to acquire two of their businesses, Moody’s Analytics Learning Solutions (MALS), a global provider of credit training and the Canadian Securities Institute (CSI), a leading provider of professional certifications…
The Sri Lanka Institute of Nanotechnology (SLINTEC) has reached a major milestone, with its Advanced Analytical Services Laboratory receiving ISO/IEC 17025:2017 accreditation from the Sri Lanka Accreditation Board (SLAB). This internationally recognized accreditation confirms the laboratory’s technical competence to perform critical food safety tests required by both domestic and global markets. SLINTEC is now officially…
The Central Bank released its second Monetary Policy Report for 2025 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The biannual Monetary Policy Report provides forward-looking insights about the economy, particularly inflation and economic growth outlook, and risks to projections. Through this Report, the Central Bank…
Aitken Spence PLC, a leading conglomerate with a diverse regional presence, recorded a strong EBITDA of Rs. 4.1 billion for the first quarter ended 30 June 2025. EBITDA reflects the Group’s earnings prior to interest expenses, taxation, depreciation, amortisation, and foreign exchange gains or losses, but incorporates the share of profits from equity-accounted investees. This…
Video Story
