November 18, 2024
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6min
First Capital Holdings PLC (the Group) recorded a Total Comprehensive Income of Rs. 904 million for the six months ended September 30, 2024, demonstrating resilience in a dynamic market environment, compared to Rs. 9.58 billion in the same period of last year.     The Group’s net income before operating expenses for the first half […]

November 18, 2024
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5min
Hela Apparel Holdings PLC has announced a significant improvement in its financial performance during the quarter ended 30th September, with a return to operating profit for the first time in eight quarters. This positive result highlights the recovery of demand conditions in its key export markets and underscores the successful outcomes of its ongoing restructuring […]

June 7, 2024
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3min
June 6th, 2024: Nawaloka Hospital Group, Sri Lanka’s leading private-sector healthcare provider and the country’s top healthcare brand, has announced an outstanding financial performance for the fiscal year 2023/24, showcasing its resilience and commitment to operational excellence.     For the year ending March 31, 2024, the company reported a consolidated net profit after tax […]

May 20, 2024
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6min
May 16, 2024: Softlogic Life recorded another quarter of robust financial performance in a challenging business environment, posting Gross Written Premium (GWP) of Rs. 7.2 billion during the first three months ending 31st March (1QFY24). The top-line growth is an increase of 20% compared to 3% during the corresponding period of last year. The burdens […]


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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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