performance Archives - Lanka Business News

January 9, 2025

Hambantota International Port (HIP) achieved an impressive growth rate of 22% in 2024, matching its performance from the previous year. With its sights set on even higher numbers in 2025, the port is implementing upgrades to its infrastructure, including the introduction of gantry and yard cranes in the container yard. These enhancements are part of […]

November 18, 2024

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

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 […]

November 14, 2024

Advances surpass LKR 100 billion milestone, with a growth of 16% Amãna Bank continued its strong financial performance as it closed the 9 months ending 30 September 2024 with a Profit Before Tax of LKR 1.98 billion, reflecting a 18% YoY increase compared to LKR 1.68 billion recorded for the corresponding period of 2023. Showcasing […]

November 13, 2024

November 11, 2024: BPPL Holdings PLC witnessed a significant improvement in its financial performance during the three months ended 30th September 2024, as compared to both the corresponding quarter in FY 2023-24 and the three months ended 30thJune 2024. The increase in revenue and gross margins was despite an appreciation in Sri Lankan Rupee rates […]

September 2, 2024

Orient Finance has achieved a significant turnaround in its financial performance for the year 2023/24, recording a Profit after Tax of LKR 348.53 million—an impressive growth of 584% compared to the previous year’s loss of LKR 72 million. Total assets increased by 17% to LKR 20,477 million, reflecting accelerated growth that has surpassed industry average […]

August 15, 2024

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Operating Income of LKR 24 Bn. up 8% YoY Profit After Taxes of LKR 8 Bn. up 31% YoY Total Capital Adequacy Ratio of 17.83%, Return on Equity 24.7% 12th August 2024, Colombo: Nations Trust Bank PLC reported a strong performance in the first half of 2024, achieving a Profit After Tax (PAT) […]

August 12, 2024

Group Net Operating Income, up by 36% to LKR 17 Bn Impairment charge for loans and receivables, reduced by 75% to LKR 1.9 Bn with the revival of the economic environment. Group Profit After Tax, up by 46% to LKR 5.7 Bn Group Total Capital Adequacy Ratio – 16.89% Leveraging improvements across several macroeconomic […]

June 7, 2024

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

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 […]

Hambantota International Port: Sustained Growth and Strategic Vision in 2024

First Capital Holdings PLC shows Strong Performance in the First Half of 2024/25, reflecting Business Resilience

Hela Apparel Holdings PLC Reports Significantly Improved Financial Performance in Q2 FY 2024/25

Amãna Bank Delivers Strong 9-Month Performance; Profits up 26% to cross LKR 1 Bn

BPPL Holdings PLC records stellar 85% growth in QoQ net earnings in Q2 ‘24

Orient Finance Achieves Remarkable Financial Turnaround in 2023/24

Strong 1H 2024 Performance from Nations Trust Bank PLC

Resilience Rewarded: DFCC Bank’s Strong Financial Performance Amidst the Ongoing Revival of the Economy

Nawaloka Hospitals, Sri Lanka’s Top Healthcare Brand, Reports Impressive Profit Growth in FY 2023/24

Softlogic Life grows 20% in 1Q 2024, posts 7.2Bn GWP