profit Archives - Page 2 of 4 - Lanka Business News

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

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

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 […]

May 15, 2023

Total operating income rises 22% YoY to Rs 34 Bn Net stage III ratio at 3.8%; one of the best in the industry Tier I and total capital ratios improve to 11.41% and 14.43% respectively Liquidity position remains strong with LAR at nearly 40% Following a turbulent year marred by the country […]

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 […]

May 11, 2023

Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year Group revenue of AED 119.8 billion (US$ 32.6 billion) increased by 81% with strong customer demand worldwide with almost all travel restrictions removed. Ends year with highest-ever cash […]

May 8, 2023

Seylan Bank began the new fiscal year on a strong note, with Q1 2023 recording a Profit Before Tax (PBT) of LKR 1.7 Bn compared to LKR 1.5 Bn in 1Q 2022 demonstrating a robust growth of 17.26%. Supporting the bottom line, Profit After Tax (PAT) was LKR 1.135 Bn in 1Q […]

February 21, 2023

Total operating income more than doubled to Rs 138.0 Bn Absorbs over Rs 90 Bn in impairment Stellar growth of over 30% in deposits Stage 3 loan ratios of 3.4%; one of the best in the industry Strong liquidity with LAR and LCR well above statutory requirement Adjudged the Best Corporate Citizen […]

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

HNB records Rs 6.9 Bn PAT in Q1 2023

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

Emirates Group announces 2022-23 results

Seylan Bank profit momentum continues in to Q1 2023 fuelled by surge in Net Interest Income

HNB – the Best Corporate Citizen, continues to deliver sustainable performance