March 11, 2024
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7min
• Topline increases by 14% • Foreign revenue up by 87% • Bangladesh Alkyd Manufacturing Plant commences operations • Sri Lanka Binder Manufacturing Plant near completion • Expansion into Australia through the furnishing sector Sri Lanka’s market leader in wood coatings and paint brushes, and emerging regional conglomerate, JAT Holdings PLC recently released its financials […]

February 14, 2024
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5min
Consolidated revenue of Rs.42.4 billion, up 9.9% Healthcare revenue up 19.3% YoY to Rs.21 billion February 13, 2024: Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) has recorded a consolidated revenue of Rs.42.4 billion during the first nine months of the current financial year (9MFY24). Amidst the backdrop of a moderately stable macroeconomic conditions, […]

February 8, 2024
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20min
Financial Year 2023/24 – First Nine Months Performance Chief Executive Officer’s Review LKR Mn                                   Quarterly Financial Snapshot FY24 Q3 Vs FY23 Q3 Vs FY24 Q2 Consumer Brands 15,433.1 13.2% 34.0% Healthcare 15,326.0 -2.7% -14.4% Mobility 460.4 19.8% 22.4% Other 3.2 462.1% -83.9% Revenue 31,222.7 4.9% 4.7%       Gross Profit 9,851.3 23.5% 13.8% Gross […]

January 26, 2024
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5min
Expolanka Holdings PLC announced its financial results for the third quarter ending 31 December 2023, delivering a resilient performance, and leveraging its strengths despite global economic headwinds and uncertainty.     The Group reported a Revenue of Rs. 66.8 billion for the quarter and Rs. 183.9 billion for the nine months ending 31 December 2023. […]

November 17, 2023
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6min
      People’s Leasing & Finance PLC (PLC) reported strong financial performance for the second quarter of the financial year 2023/24, recently, demonstrating unwavering resilience and a commitment to excellence, achieving significant year-on-year increases in Profit After Tax (PAT) for both the company and the Group. For the first six months of FY 2023/24, […]


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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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