Billion Archives - Page 5 of 5 - Lanka Business News

July 31, 2023

Colombo, Sri Lanka; 28th July 2023 NDB Wealth makes history by becoming the first and only unit trust management company to reach Rs. 100 billion in assets under management since the inception of the Unit Trust Industry. Licensed by the Securities and Exchange Commission of Sri Lanka as an Investment Manager and […]

July 25, 2023

EBITDA* (Rs.000) Quarter ending 30 June Q1 2023/24 Q1 2022/23 % Transportation 2,418,658 4,551,449 (47) Consumer Foods 719,706 1,233,225 (42) Retail 1,987,337 2,318,952 (14) Leisure 283,612 1,869,224 (85) Property 186,997 (139,767) 234 Financial Services 1,692,931 877,094 93 * EBITDA includes interest income and the share of results of equity accounted investees […]

June 21, 2023

Offers additional protection to policyholders by increasing life cover in event of a claim Ceylinco Life has distributed more than Rs 6 billion in annual bonuses, including a one-time special bonus to commemorate the Company’s 35th anniversary, to 197,131 loyal policyholders. An increase of Rs 1.7 billion or a whopping 37.27 per […]

March 20, 2023

Pays Rs 19 billion in net claims and benefits to policyholders Premium income improves by 14% to Rs 29.16 billion Total Revenue up 21% to Rs 49.2 billion Life Fund grows by 12.8% to Rs 134.9 billion Ceylinco Life policyholders received a mammoth Rs 18.9 billion in net claims and benefits in […]

May 31, 2022

Secured lending portfolio and management restructuring process yields early results Tuesday, May 31, 2022 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has posted a Net Interest Income of LKR 1.35 Billion year to date (YTD) as at March 31,2022 recording a 146% Year-on-Year (YoY) increase despite the challenging […]

NDB Wealth becomes the first in the Unit Trust Industry to reach the Monumental 100 Billion mark in Asset Under Management

JKH records EBITDA of Rs.9.23 billion in Q1 2023/24

Ceylinco Life policyholders receive Rs 6 billion in annual bonuses

Ceylinco Life retains market leadership for 19th consecutive year in 2022

Softlogic Finance Posts Record 146% Increase Year-on-Year in Net Interest Income