Janashakthi Life, the flagship brand of JXG (Janashakthi Group) closed Q3 2025 solidifying its performance and growth momentum as one of Sri Lanka’s fastest-growing life insurers. Building on the strong progress established in the second quarter, the Company continues its upward trajectory with exceptional gains in profitability and business expansion, surpassing industry benchmarks across key…
The All Share Price Index (ASPI) of the Colombo Stock Exchange closed above 23,500 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 23,502.59 points today (10), up by 164.34 points from the previous close. Meanwhile the S&P SL20 Index…
Aligning long-term growth with environmental stewardship and social impact Hayleys Fentons Limited unveiled ‘The Green Blueprint – ESG Roadmap 2030’ at the Hayleys Fentons Learning Centre on 29th September, aligning sustainability consciousness with its long-term business aspirations. As Sri Lanka’s first Solar EPC and MEP contractor to publish a detailed ESG roadmap, including its 2030…
David Pieris Aviation (Private) Limited continues to strengthen its presence in Sri Lanka’s domestic aviation sector following the receipt of its Air Operator Certificate (AOC) and Operations Specifications (Ops-Specs) from the Civil Aviation Authority of Sri Lanka (CAASL) recently. With full certification now in place, the company has been successfully operating charter flights across key…
SUMMARY – Performance review for the Six Months ended 30th September 2025 Overview Recording yet another strong quarterly performance, the Group’s earnings rose by 36.6% to Rs. 2.1 billion compared to the corresponding quarter of the previous year, driven by robust revenue growth across all its business sectors. This growth in revenue, together with sustained…
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) surpassed the 23,500-point mark for the first time in history, during Today’s (10) trading session. At that time, the index stood at 23,511.84 points.
hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the second quarter of FY2026, reporting robust topline performance and substantial margin expansion as the Company approaches a critical profitability milestone. Total revenue for the quarter reached LKR 516.9 million, reflecting year-over-year growth of 23 percent in both LKR and USD constant currency terms. The…
The Asian Development Bank (ADB) has approved a $100 million financing package to build on Sri Lanka’s progress toward macroeconomic stability and to help achieve sustainable growth following the economic crisis. This will be done by strengthening public expenditure management, improving revenue mobilization, and fostering private sector participation. “Sri Lanka has made commendable progress in…
Amber Adventure Pvt. Ltd. invests US Dollars 13.25 million for the project China National Machinery Industry Corporation (SINOMACH) is the contractor of the project Ambuluwawa Bio Diversity Center or the Ambuluwawa tower, is one unique place ideal for the passionate traveller; atop the mountain Ambuluwawa rising 3,567 feet above sea level in Gampola, nearly a…
Diversified conglomerate CIC Holdings PLC (CSE: CIC) reported a consolidated revenue of Rs. 41.6 billion for the first half of the financial year 2025/26 (1HFY26). The Group reported a solid top-line growth of 7.2% and an impressive bottom-line growth of 14.7% with Profit after tax (PAT) increased to a significant Rs.3.25 billion, compared to Rs….
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