resilience Archives - Lanka Business News

August 5, 2024

Consolidated revenue of Rs.14.2 billion, up by 6.5% Healthcare revenue up 19.8% YoY to Rs.7.6 billion Consumer records revenue of Rs.4.6 billion, down 1.9% YoY August 02, 2024: Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) continued demonstrating resilience amidst prevailing macroeconomic conditions, reporting a topline growth of 6.5% YoY. The Group recorded a consolidated revenue […]

July 31, 2024

Hemas Holdings PLC announced its financial results for the first quarter ended June 30, 2024, demonstrating resilience in a challenging economic environment. The Group’s consolidated revenue was Rs. 25.5 billion alongside operating profits of Rs. 1.9 billion and earnings of Rs. 0.9 billion. The revenue decrease compared to the previous year was largely due to […]

June 4, 2024

04th June 2024: Marking a significant milestone, Publicis Groupe Sri Lanka, a pioneering force in the advertising and marketing communications industry, proudly celebrates 25 years of consistent innovation, resilience, creativity, growth, and success. Established in 1999, the Agency is part of the Publicis Groupe network. Today it is recognised as the world’s No […]

May 30, 2024

People’s Leasing & Finance PLC, a leading non-banking financial services provider in Sri Lanka, has demonstrated remarkable resilience and strategic foresight in its financial performance for the fiscal year 2023/24. The company reported a robust Profit After Tax (PAT) of Rs. 3,541 million, marking a significant 17.3% increase from the Rs. 3,018 million recorded the […]

March 29, 2024

The aftermath of the pandemic and the economic crisis still reverberates across different sectors of society, but with changing climate patterns and rising temperatures, a potentially more severe crisis looms still larger over the island nation. Ranked 100th out of 181 countries in the 2017 ND-GAIN Index, Sri Lanka is already considered to be among […]

September 12, 2023

Just as economic reforms must take the long-term view, so should policy for the apparel industry By Yohan Lawrence – Secretary General, Joint Apparel Association Forum In The State of Fashion Report 2023, global consulting company McKinsey, estimates that the fashion industry will grow at two speeds: between 5 and 10 per […]

August 7, 2023

Healthcare, Consumer, and Agribusiness sectors thrive amidst challenges Consolidated revenue of Rs.13.4 billion Healthcare revenue up 8.2% YoY to Rs.6.3 billion Consumer revenue up 20.9% YoY to Rs.4.7 billion Agribusiness revenue increased by 27.3% YoY to Rs.2.4 billion August 03, 2023: Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to […]

July 31, 2023

Expolanka-Holdings-demonstrates-resilience-in-Q1-FY24-while-pursuing-long-term-vision.jpg

Colombo, July 29, 2023 – Expolanka Holdings PLC, reporting financial results for the first quarter of the 2024 financial year, that ended 30th June 2023, remained steadfast in consolidating performance and pursuing its long-term strategy. During the quarter under review, Expolanka Holdings demonstrated incredible resilience, with a revenue of Rs. 55.5 Bn […]

June 7, 2023

Colombo, Sri Lanka, June 7, 2023—Building an inclusive distribution and retail network is key for long-term continuity and resilience of corporate supply chains in Sri Lanka, reveals a new study by the International Finance Corporation (IFC). The study examines the impact of enhancing female participation in retail and distribution networks on the […]

June 1, 2023

01st June 2023, Colombo: The fourth quarter of FY 2022/23 marked the close of a challenging year for Hela Apparel Holdings PLC. While revenue of Rs. 20.5 Bn in Q4 represented a 40.6% increase in the same period of the previous year, this was primarily driven by the impact of the rupee […]

Sunshine Holdings sustains growth momentum in 1QFY25

Hemas Holdings delivers stable FY25 Q1 performance amidst market challenges

Publicis Groupe Sri Lanka celebrates 25 years as the ‘Idea Machine’

People’s Leasing & Finance PLC Reports Steady Growth in FY 2023/24, Showcasing Resilience and Strategic Agility

Celebrating a 17 Year legacy of Education, Adaptation, and Resilience with MAS Eco Go Beyond

Resilience is necessary, but not enough

Sunshine Holdings reports 14.1% YoY top-line growth in 1QFY24

Expolanka Holdings demonstrates resilience in Q1 FY24 while pursuing long-term vision

New Study: Women Entrepreneurs Are Vital for Long-term Continuity and Resilience of Sri Lanka’s Supply Chains

Hela Apparel Holdings Completes FY 2022/23 with Resilience, Amidst a Challenging Operating Environment