February 14, 2025
Arpico-Group-Financials-Image-LBN.jpg

2min16
Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, achieved a Profit Before Tax (PBT) of Rs. 5.4 billion during the first 9-month period ending 31st December 2024. The Group recorded a major profit growth of 137% over the corresponding period, demonstrating resilience in the continuity of its strong performance for the financial […]

July 25, 2023
Krishan-Balendra_Chairperson-JKH-LBN.jpg

8min1
        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 […]


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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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