profit Archives

May 16, 2024

Teejay-Lanka-Chairman-Mr-Ajit-Gunewardene-and-CEO-Mr-Pubudu-De-Silva-LBN.jpg

Strong net profit growth in the final quarter of 2023-24 has enabled Teejay Lanka PLC to end the financial year on an optimistic note despite the impacts of the appreciation of the Rupee, which contributed to its 12-month results falling below those of the preceding year. Sri Lanka’s first multinational textile manufacturer has […]

May 15, 2024

Financial Performance Sampath Bank posted a profit before tax (PBT) of Rs 6.2 billion and a profit after tax (PAT) of Rs 3.4 billion for the three months ended 31st March 2024, notwithstanding an exchange loss of Rs 4.3 billion due to the appreciation of the LKR against the USD by Rs 23.70. These figures […]

February 2, 2024

Teejay Lanka PLC has maintained its positive trajectory in the third quarter of 2023-24, recording noteworthy pre- and post-tax profit growth for the three months ending 31st December 2023 and reversing the losses of the corresponding quarter of the previous year. Sri Lanka’s first multinational textile manufacturer has reported profit before tax of […]

November 13, 2023

Positive revision of full-year guidance as the company demonstrates profitable growth, strong performance, and accelerated business momentum TAIPEI, TAIWAN – Media OutReach – 13 November 2023 – Highlights and achievements of Q3 FY23 Revenue increased by 39% YoY to reach an all-time quarterly high of JPY 7.1 billion Gross profit reached a […]

November 9, 2023

Group: Record half-year profit of AED 10.1 billion (US$ 2.7 billion), up 138% from the same period last year, driven by strong demand for international travel across regions. Revenue up 20% to AED 67.3 billion (US$ 18.3 billion). Emirates: Revenue up 19% to AED 59.5 billion (US$ 16.2 billion), with profit of […]

November 1, 2023

Profit before Tax accelerated 100.75% to LKR 7,181 Mn Overall Statutory Liquid Assets Ratio is 39.10% at 30 Sept ‘23 Total Capital Adequacy Ratio of 15.29% as at 30 Sept ‘23 Seylan Bank announced an impressive Profit after Tax (PAT) of LKR 4.49 billion for the nine months ended September 30, 2023, […]

August 16, 2023

Bank PAT improves to Rs 8.6Bn Impairment charge of Rs 28 Bn in 1H Deposits grow by nearly Rs 70 Bn in 6 months Tier I and total capital ratios improve to 12.48% and 15.58% respectively Hatton National Bank PLC continued its steady performance in Q2 2023, posting a 1H 2023 PBT […]

May 31, 2023

Q1 Revenue grows 49.7% to Rs 1.489 billion Pre-tax profit up 44.6% to Rs 417.2 million Major investments in replanting of rubber and tea to continue in 2023 Agalawatte Plantations PLC (APL) has reported impressive revenue and profit growth in the first quarter of 2023, consolidating on the remarkable turnaround achieved subsequent […]

May 17, 2023

Posts revenue of Rs 84 billion for full year; Rs 17.3 billion in Q4 Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 with noteworthy revenue and gross profit growth demonstrating its resilience in the face of external challenges and higher taxation that pressured profits in the second half […]

May 16, 2023

DFCC Group recorded a PAT of LKR 2 Bn. Total operating income is up by 93% to LKR 11 Bn. Impairment charges of LKR 4.7 Bn reflecting the current economic stresses. The following commentary relates to the unaudited Financial Statements for the period ended 31 March 2023, presented in accordance with Sri […]

Strong Q4 net profit growth boosts Teejay Lanka’s outlook for year ahead

Sampath Bank Posts Steady Results for the First Quarter of 2024

Teejay records a positive Q3 despite market challenges

Appier accelerates growth in third quarter with all-time highs in revenue and operating profit

Emirates Group announces record half-year performance for 2023-24

Seylan Bank PAT surges 79% to LKR 4.49Bn for nine months of 2023

HNB Group records a Rs 9.8 Bn PAT in first six months of 2023

Damro revived Agalawatte Plantations in verdant start to 2023

Teejay ends 2022-23 with 70% revenue growth despite tough H2

DFCC Bank Delivers Strong Financial Performance Despite Adverse Market Conditions