Market share expands from 6.8% to 7.2% HNB General Insurance Limited (HNBGI) announced its financial results for the nine months ended 30 September 2025, continuing its growth trajectory with robust performance across key business lines and a solid expansion of its market position. During the period, Sri Lanka’s general insurance market grew 14.8%, while HNBGI…
Group records Rs. 6.5 billion PAT in 9M 2025, heralding strong turnaround from 2024. Group operating profit surges 64% YoY to Rs. 11.8 billion in 9M 2025, showcasing disciplined execution and sustained financial momentum. Group finance cost down 21% YoY in 9M 2025, highlighting prudent financial management. SLT company PAT rises 238% YoY to Rs….
LKR 131Bn Loan Growth, up 45% YoY Profit After Tax of LKR 14.9Bn, up 23% YoY Net Stage 3 Ratio of 1.03% Tier I Capital at 18.90% Total Capital Adequacy Ratio of 20.03% Return on Equity 23.20% Nations Trust Bank PLC reported strong financial results for the 9 months ending 30th September 2025, reporting a…
SriLankan Airlines’ Airport and Ground Services, the sole ground services provider at Bandaranaike International Airport (BIA), is rolling out its self-check-in service for passengers of customer airlines ahead of the winter travel high season, which is expected to bring over 300,000 tourists to the island in December alone. The initiative, made possible by the airline’s…
In Colombo, a new era of modern office infrastructure is set to begin at Port City Colombo with the development of Colombo Gateway Tower One, led by a consortium of investors spearheaded by Canary Wharf Holdings Pte Ltd based in Singapore. Canary Wharf is the development arm of Investment Advisory firm Platinum Advisors Pte Ltd,…
Achieves Revenue and PBT growth of 13% and 7% during the 2nd quarter of the year supported by both domestic and export-oriented businesses Ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100 Accelerates growth through strategic expansion in new verticals The Hayleys Group sustained its strong growth trajectory during…
Revenue: Rs133.1Bn, up 6% YTD; Core Revenue up 18% YTD EBITDA: Rs62.9Bn, up 40% YTD; EBITDA margin at 47.3% up 11.3pp YTD NPAT: Rs14.9Bn up over 100% YTD Taxes Paid to GoSL: Rs41.9Bn (Rs9.3Bn in Direct, Rs32.6Bn Indirect) Capex: Rs14.2Bn; OFCF: Rs37.1Bn up 90% YTD Dialog Axiata PLC announced its consolidated financial results for the…
The Food and Agriculture Organization of the United Nations (FAO), in collaboration with the Ministry of Fisheries, Aquatic and Ocean Resources and the National Aquaculture Development Authority (NAQDA), launched the Shrimp Industry Information System (SIIS) – Sri Lanka’s first-ever integrated digital platform for the aquaculture sector. Developed under the FAO-led project “Smart and Sustainable Aquaculture…
Reuters – Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy’s health. All three major U.S. stock indexes posted their steepest daily percentage declines in over…
Financial Performance Sampath Bank reported a Profit Before Tax (PBT) of Rs 35.3 Bn and a Profit After Tax (PAT) of Rs 21.5 Bn for the nine-month period ended 30th September 2025, reflecting consistent year-on-year growth of 18% and 21% respectively. Furthermore, the Group delivered a strong financial performance, recording a PBT of Rs 38.0…
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