Revenue up 14% YoY to Rs. 5.15 Bn Gross Profit up 29% YoY with GP margin increasing by 4% Local revenue up 23% YoY EV charger manufacturing revenue rises to Rs. 378 Mn (vs. Rs. 35 Mn YoY) Acquisition of Mirotone, a 90-year Australian brand and a market leader in industrial wood coatings JAT Holdings…
Emirates to offer free, super high-speed Starlink Wi-Fi for its customers starting with its first Boeing 777 commercial flight on 23 November Will debut the world’s first Starlink-equipped A380 aircraft, and lead the industry with the largest A380 Starlink fleet starting early 2026 Dubai Airshow visitors can experience Emirates’ ultra-fast Starlink Wi-Fi onboard the Boeing…
The Sri Lanka Export Development Board (EDB) and the Sri Lanka Institute of Marketing (SLIM) have recently signed a Memorandum of Understanding at the EDB head office to collaborate on organizing the Sri Lanka Expo 2026, a premier international trade and investment promotional event. The MOU was signed by Mr. Mangala Wijesinghe, Chairman and Chief…
The RMB Internationalization Forum 2025, organized by the Sri Lanka–China Business Council of the Ceylon Chamber of Commerce in collaboration with the Bank of China, was held recently at the Shangri-La Colombo. The event brought together distinguished policymakers, diplomats, and business leaders to discuss the future of bilateral trade and financial cooperation through the use…
Aitken Spence PLC, a leading conglomerate, with an extensive presence across the region, recorded revenue of Rs. 40.7 billion for the six months, ending 30th September 2025, reflecting operational resilience across its diversified businesses. The Tourism sector accounted for 64.3% of Group revenue, while the Maritime & Freight Logistics sector and Strategic Investments sector contributed…
The Teejay Group, one of South Asia’s leading multinational textile manufacturers, announced its financial results for the first half of the 2025/26 financial year, recording a steady position. The results underscore the Group’s disciplined working capital management and reduction in loan exposure, enabling it to remain resilient amid a challenging global market landscape. For the…
D P Logistics (Private) Limited (DPL), a member of the David Pieris Group of Companies, has entered into a Share Sale and Purchase Agreement for the acquisition of Logicare (Pvt) Ltd from Ceylon Tea Brokers PLC for an enterprise value of Rs.1.3 billion. The transaction includes a payment of Rs. 635.3Mn to Ceylon Tea Brokers…
99x, a global product engineering company, hosted an exclusive media event at Cinnamon Grand Colombo to unveil Agentri AI, the company’s latest innovation in advancing the future of Agentic AI. The event gathered 99x’s global leadership and media to discuss the company’s vision, its strategic expansion across new markets, and its continued commitment to positioning…
The David Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, has announced a strategic partnership with HelaGo, the revolutionary ride-hailing platform introduced by the Helakuru Superapp, to jointly advance a fair, transparent and locally empowered mobility ecosystem in Sri Lanka. The partnership agreement was officially signed between David Pieris Motor Company (Lanka)…
November 2025, Colombo: Sri Lanka’s one of the leading integrated financial services providers, HNB FINANCE PLC, announced strong financial performance for the First Half of the financial year 2025/26, ended September 30, 2025, demonstrating continued resilience and growth amid a challenging economic landscape. The Company achieved a remarkable turnaround, recording a 129% year-on-year (YoY) increase…
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