February 15, 2023
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5min13
      14th February 2023, Colombo: Hela Apparel Holdings PLC navigated an exceptionally challenging global operating environment during the third quarter of FY 2022/23. While the Group’s quarterly revenue of Rs. 21.8 Bn represented a 44.8% increase compared to the same period of the previous year, this primarily reflected the impact of the rupee’s […]

January 30, 2023
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4min3
      Expolanka Holdings PLC recorded a steady 9-month performance as at 31 December 2022 amidst declines in the overall global markets. Reflecting the underlying strength of its business and success in pursuing a consolidated strategy, the combined 9-month performance delivered a strong endorsement in overcoming challenges in the macro environment with Year-to-date Revenue […]

January 16, 2023
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4min0
      Huawei has earned a top rank from CDP for its actions on climate change and transparency of disclosures. The international environmental non-profit organisation placed the company among its Climate change “A List”, the only firm from mainland China to get the accolade. CDP also granted Huawei an “Excellent Environmental Leadership Award”. Huawei […]

November 17, 2022
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4min19
      Despite numerous macroeconomic challenges, the E. B. Creasy Group, once again, was resilient and posted a record performance in the first half of the current financial year, driven by outstanding results in its core segments of Homecare, Personal and Healthcare, and in industrial sales to the Foods sector. Group profitability, however, came […]

November 15, 2022
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5min6
      15th November 2022, Colombo: Hela Apparel Holdings PLC recorded a resilient performance in the second quarter of FY 2022/23, with revenue of Rs. 28.2 Bn representing an 88.5% increase compared to the same period of the previous year. While the significant growth was partly driven by the depreciation of the rupee, revenue […]


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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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