profit Archives - Page 3 of 4 - Lanka Business News

November 21, 2022

The Commercial Bank of Ceylon’s Rs 5 billion debenture issue will open on Thursday 1st December 2022, offering investors an opportunity to profit from the growth of the bank. The Bank has announced plans to raise Rs 5 billion via 50 million Basel III-compliant debentures with an option to increase it by […]

November 17, 2022

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

Amana Bank has successfully continued its growth trajectory to record a Profit Before Tax of LKR 940.0 million for the nine months ending 30 September 2022, showcasing its resilient performance amidst a challenging economic environment. The Bank’s PBT achievement reflects a 28% YoY growth compared to the 2021 corresponding period PBT of […]

November 14, 2022

• 62% YoY growth in Operating Income • PBT of LKR 9.3 Bn at a YoY growth of 25% • PAT of LKR5.2 Bn at a YoY growth of 6% • Strong Capital Adequacy with Tier I CAR of 12.59% and Total CAR of 14.85% Colombo, November 14, 2022 – Nations […]

November 14, 2022

• Total operating income doubles to Rs 100 Bn • Impairment for first nine months exceeds Rs 60 Bn • Local currency deposits grow by Rs 146 Bn • Tier I capital ratio and total capital ratio at 11.31% and 14.36%, respectively • Liquidity coverage ratio at 218.5% Hatton National Bank […]

November 10, 2022

• Group: Record half-year profit of AED 4.2 billion (US$ 1.2 billion) reflects strong turnaround and recovery after last year’s loss of AED 5.7 billion (US$ 1.6 billion). Revenue up 128% to AED 56.3 billion (US$ 15.3 billion). • Emirates: Revenue up 131% to AED 50.1 billion (US$ 13.7 billion), and […]

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 […]

October 5, 2022

3rd October 2022: Since its genesis, the plantation sector in Sri Lanka has played an essential role in the island’s economy, with tea, and rubber serving as the backbone of this thriving sector. While recent fluctuations in commodity prices may have generated increased export values, the long-term viability of both crops continues […]

June 20, 2022

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PAT Doubles to LKR 1.211 Billion, delivering on IPO pledge Revenues Up 66% to LKR 8.897 Billion, Gross Profits Up 58% to LKR 2.603 Billion Export Revenue Share Rises to 23%, Healthy Growth Across Sectors Exports to Remain Focus in Present Year, Revenue Share of over 30% forecasted for FY22/23 Bangladesh […]

June 13, 2022

PAT Doubles to LKR 1.211 Billion, delivering on IPO pledge Revenues Up 66% to LKR 8.897 Billion, Gross Profits Up 58% to LKR 2.603 Billion Export Revenue Share Rises to 23%, Healthy Growth Across Sectors Exports to Remain Focus in Present Year, Revenue Share of over 30% forecasted for FY22/23 Bangladesh […]

ComBank’s Rs 5 billion debenture issue to open on 1st December

E. B. Creasy Posts Resilient 1st Half with Rs. 1.3Bn Group PBT, a 203% Increase for FY2022/23

Amana Bank demonstrates stability and resilience recording a 9 Month PBT of Rs 940 Mn, continuing its growth momentum

Nations Trust Bank PLC steers through Q3 2022 with strong performance

HNB stands strong in turbulent times

Emirates Group announces record half-year performance for 2022-23

Expolanka Holdings Record Steadfast Performance for Q2 FY22

Namunukula Plantations’ quest for resilience through diversity

JAT Holdings Posts Best Ever Financial Year on Record and delivers IPO promise

JAT Holdings Posts Best Ever Financial Year on Record and delivers IPO promise