performance Archives - Page 4 of 8

August 16, 2023

Huawei announced its business results for the first half of 2023 today. Overall performance was in line with forecast. In 2023 H1, Huawei generated CNY310.9 billion in revenue, with a year-on-year increase of 3.1% and a net profit margin of 15.0%. The company’s ICT infrastructure business contributed CNY167.2 billion, its consumer business […]

July 11, 2023

SLT-MOBITEL, the National ICT Solutions Provider was honoured with four prestigious awards at the National Business Excellence Awards 2023, held recently. The recognition demonstrates the outstanding achievements and commitment to excellence in the telecommunications industry by Sri Lanka Telecom PLC (SLT). SLT received accolades for Runner Up: Excellence in Local Market […]

June 29, 2023

With a promise of revving up performance for riders, Interocean Lubricants Pvt Ltd, recently introduced a new range of SINOPEC motorcycle lubricants to Sri Lanka. This cutting-edge technology lubricant, Sinopec is to revolutionize the riding experience for motorcycle enthusiasts across Sri Lanka. Imported to Sri Lanka as finished and packed products, Sinopec […]

May 29, 2023

May 26, 2023: Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) recorded resilient revenue growth in a challenging macroeconomic environment, reporting notable top-line growth during the year ended 31 March 2023. Group’s Healthcare and Consumer sectors led growth while healthcare segment remained the major contributor to total Group revenue in FY23. Sunshine […]

May 24, 2023

The Group reported a resilient performance during the year, amidst the unprecedented challenges in the operating environment, recording a recurring EBITDA growth of 17% to Rs.45.74 billion. This is despite the substantial EBITDA recognition of Rs.6.30 billion from the revenue of the handover of the residential apartment units and commercial floors at […]

May 15, 2023

Operating Income of LKR 11.4Bn, up 52% YoY Profit Before Tax LKR 5.8 Bn , up 124% YoY Profit After Tax of LKR 2.8 Bn, up 77% YoY Total Capital Adequacy Ratio of 18.25%, Liquidity Ratio of 41% Nations Trust Bank PLC reported a strong performance in the first 3 months of […]

April 26, 2023

Sri Lanka’s most innovative bank, HNB PLC’s commitment to banking excellence and its resilient performance over the past year, helped to secure a Top 5 position on Business Today Top 40 for 2022. “Over the past 4 years, Sri Lanka has been challenged and tested like never before. HNB’s performance in that […]

March 17, 2023

With a notable quarterly profit of Rs. 959 million for the third quarter of the financial year 2022/23, People’s Leasing & Finance PLC’s (People’s Leasing/PLC) Profit After Tax (PAT) for the period ended 31, December 2022 reached Rs. 1,637 million, demonstrating the Company’s sustained ability to manage its core drivers in the […]

March 13, 2023

As more and more people enjoy high-end mobile games that have become comparable to PC and console games, optimized smartphone performance for handling mobile games has become increasingly important. In line with this trend, the Galaxy S23 Ultra is meeting the needs of avid mobile gamers, offering powerful performance, faster reaction speeds, […]

February 27, 2023

Commercial-Bank-Chairman-Prof.-Ananda-Jayawardane-Managing-Director-and-CEO-Mr-Sanath-Manatunge-Composite-LBN.jpg

Income grows 71% to Rs 280.4 Bn. for the year and 94% to Rs 84.8 Bn. in Q4 Record impairment provisioning for the year – up 186% to Rs 71.9 Bn.; Rs 46.8 Bn. increase for 2022 for US$ denominated Government Securities and Stage 2 & 3 loans Assets approach Rs 2.5 […]

Huawei Announces 2023 H1 Business Results

SLT-MOBITEL’s exceptional performance wins four awards at National Business Excellence Awards 2023

SINOPEC X series motorcycle lubricants to empower SL riders with enhanced performance.

Healthcare, Consumer and Agri propel Sunshine Holdings’ strong FY23 performance amidst macroeconomic challenges

“JKH recurring EBITDA grows by 17% to Rs.45.74 billion for 2022/23”

Nations Trust Bank PLC delivers a strong 1Q2023, further strengthening Capital Adequacy and Liquidity

HNB ranked among Sri Lanka’s Top 5 Corporates by Business Today for 2022

Despite unforeseen challenges, People’s Leasing closes the Third Quarter of the Financial Year 2022/23 on a commendable note

Galaxy S23 Ultra: Smartphone Game Changer

ComBank Group consistent with solid topline growth in 2022, increases provisioning