performance Archives - Page 8 of 10

November 14, 2022

• Records Commendable financial results for Q2 results which resulted in a turnaround performance for the first half of the financial year • Aggressive pricing strategies which contributed towards improving the product margins together with the cost optimization initiatives which were adopted across all segments is said to have enabled the […]

November 2, 2022

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* PBT- 197.5% * CAR- 25.44% * Gold Loan Growth- 71.63% * New branch total 65 Asia Asset Finance PLC, Sri Lanka’s only gold-focused financial solutions provider with a history spanning 52 years, posted an impressive 328.57% growth in Profit After Tax (PAT) Year on Year . Accordingly, the Company recorded […]

October 31, 2022

Expolanka Holdings PLC delivered a resolute performance amidst a challenging operating environment for the quarter ending 30th September 2022 with a Revenue of Rs. 161.7Bn (YoY +7%), Gross Profit of Rs. 28.3Bn (YoY +25%) and Profit after tax of Rs.9.0Bn (YoY -25%). This resulted in the Company delivering a YTD Revenue of […]

September 12, 2022

● Apparel industry proves resilient in the face of adversity ● Total apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import […]

August 29, 2022

Continuing to exceed stakeholder expectations, Amana Takaful Insurance PLC posted robust and resilient financial performance figures for Q2 of 2022. The company witnessed a sales revenue (Gross Written Premium) of LKR 1.6 Billion, recording a remarkable 42% year-on-year growth for the period under review (Q2). This puts Amana Takaful Insurance amongst the […]

August 25, 2022

Creative Software, a global technology enabler and pioneer in Sri Lanka’s tech industry for over 22 years, has maintained a steady progress supported by strengthening performance across its overall businesses, while collectively managing 700+ technology professionals under its brand. Accelerating its growth, the company celebrates over two decades of success in building […]

August 15, 2022

Seylan Bank was recognized for its commitment towards successful performance at the Daraz Partner Performance Awards held recently. The Bank with a Heart was recognized as the Category Accelerator for being the card base that owned a single category (utility bill payments) and enabled 200% volume growth on credit cards on […]

August 15, 2022

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– Healthy Revenue performance in the first six months resulting in 50% YoY growth in Operating Income – PBT of LKR4.6Bn and PAT of LKR 2.7Bn in 1H22 supporting further Capital formation – Tier I Capital at 12.24% and Total Capital Adequacy at 14.58%, well above regulatory levels – Exposure […]

July 27, 2022

Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant improvement to Rs.13.33 billion during the quarter under review, which is an increase of 180 per cent against the comparative period of last year [2021/22 Q1: Rs.4.76 billion]. […]

July 27, 2022

Technology has been playing the role of a key enabler when it comes to growth and expansion of a country. With the surge in smartphone technology and the connectivity it has established, the world has become closer to each other than ever before, bridging the gap of communication within and beyond […]

Lankem Ceylon PLC Announces Turnaround Performance for H1 2022/23

Asia Asset Finance PLC PAT Soars Over 328% (YOY) and Asset Base grown by 25% in First Half of FY 2022/23

Expolanka Holdings Record Steadfast Performance for Q2 FY22

“There is opportunity in crisis” – JAAF Secretary General

Amana Takaful Insurance Continues to Surpass Expectations

Creative Software: 22 Years of Resilience and People-led Growth

Seylan Bank recognized as Category Accelerator at Daraz Partner Performance Awards

Nations Trust Bank PLC records steady performance in 1st half 2022 amidst challenging market conditions

JKH records strong EBITDA of Rs.13.33 billion in Q1; Resilient performance despite macro challenges

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