profit Archives - Lanka Business News

October 31, 2024

Teejay Group, Sri Lanka’s first multinational textile manufacturer, recorded a Profit after Tax of LKR 0.9 Bn for the first half of the financial year ending 30th September 2024. The Group Revenue reached a notable LKR 32.7 billion, recording an 11% increase compared to the first half of the previous year. Gross Profit of the […]

September 2, 2024

Orient Finance has achieved a significant turnaround in its financial performance for the year 2023/24, recording a Profit after Tax of LKR 348.53 million—an impressive growth of 584% compared to the previous year’s loss of LKR 72 million. Total assets increased by 17% to LKR 20,477 million, reflecting accelerated growth that has surpassed industry average […]

August 15, 2024

Bank PAT of Rs 15.4 Bn Loans grow by Rs 28 Bn in Q2 Rs 58 Bn growth in rupee CASA in 1H Maintains strong capital and liquidity levels Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months […]

August 9, 2024

Financial Performance Sampath Bank registered a profit before tax (PBT) of Rs 18.5 Bn and a profit after tax (PAT) of Rs 11.1 Bn for 1H 2024 reflecting growth rates of 40% and 45% respectively compared to the corresponding period of the previous year. The Sampath Group also reported PBT and PAT figures of Rs […]

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, […]

Teejay closes H1 charting a strong course for future

Orient Finance Achieves Remarkable Financial Turnaround in 2023/24

HNB Group records Rs 16.2 Bn in PAT for 6 months

Sampath Bank Posts a PAT of Rs.11Bn for the first half of 2024, marking a YoY Increase of 45%

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