22. December 2024
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Anglostratits
August 20, 2024
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Business & Economy

Hayleys PLC retains credit rating of AAA(lka) by Fitch Ratings showcasing financial strength and resilience

5min4
Hayleys PLC retained its national long-term rating of ‘AAA(lka)’ by Fitch Ratings, attesting to the Group’s strong financial stability and resilient earnings profile. The outlook on the rating is stable. The rating is upheld by the Group’s extensive operating scale, diversification across business verticals and geographies and globally leading market positions in several key businesses, […]
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March 14, 2024
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Business & Economy

Fitch Bumps Up Asia Asset Finance PLC to A+ (Stable)

2min3
Fitch Ratings Lanka recently upgraded Asia Asset Finance PLC’s (AAF) credit rating to A+ (Stable) from A- (Stable). This reaffirms AAF’s position as one of Sri Lanka’s premier licensed finance companies. This upgraded rating underscores the company’s strength, stability and trust, and serves as a testament to its ability to manoeuvre in a dynamic business […]
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July 12, 2023
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AchievementsBusiness & Economy

CEAT Kelani Holdings reaffirmed AA+ by Fitch for 3rd consecutive year

4min1
      CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Stable’ by Fitch Ratings for a third consecutive year, a rating the Agency says reflects the Company’s position as a leading domestic manufacturer of vehicle tyres and its strong financial profile. In its announcement, Fitch Ratings said: “The affirmation and […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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