March 3, 2025
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5min15
1st March 2025, Colombo: Janashakthi Group (JXG), Sri Lanka’s emerging financial conglomerate, announced its financial performance for the period ending December 31, 2024, with group revenue reaching LKR 18.34 billion and Earnings Before Interest and Tax (EBIT) of LKR 6.18 billion.     Ramesh Schaffter, Managing Director/Group CEO at JXG said, “For over 30 years, […]

February 26, 2025
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3min43
HUNDRED, a worldwide performance-focused sports brand, has teamed up with Sri Lanka Badminton (SLB) to sponsor two major international tournaments, sanctioned by the Badminton World Federation ining(BWF) and Badminton Asia (BA) in Colombo. The HUNDRED Sri Lanka International Challenge 2025, which began on Tuesday, February 25th, at the St. Joseph’s College Indoor Complex in Darley […]

February 20, 2025
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4min22
February 17th, 2025 – Dentsu Grant Group reaffirmed its position as a leader in Sri Lanka’s advertising industry with an outstanding performance at the Effie Awards Sri Lanka 2024, securing 15 awards—the highest tally for a single agency this year. This achievement underscores the agency’s commitment to marketing effectiveness, strategic creativity, and deep consumer insight, […]

February 14, 2025
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6min25
-Consolidated Revenue growth of 12% y-o-y during the 9 months -Foreign exchange earnings from export-oriented sectors increase by 8% -94% y-o-y growth in Profit After Tax to Rs.13.88 bn The Hayleys Group maintained its strong growth momentum during the first nine months of the financial year ending 31st March 2025, recording a 53% y-o-y increase […]

February 13, 2025
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5min21
Consolidated revenue of LKR 45.2 billion, up by 6.7% Healthcare revenue up 17.8% YoY to LKR 24.8 billion Consumer Brands recorded a revenue of LKR 14.4 billion, down 3.1% YoY February 10, 2025: Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of LKR 45.2 billion for the nine months ending 31 December 2024 […]


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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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