July 20, 2023
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4min
      18th  July 2023, Colombo, Sri Lanka: C. W. Mackie PLC, one of Sri Lanka’s leading and longest-standing diversified conglomerates, published its integrated annual report for the 22/23 financial year, highlighting the Company’s resilience during a period defined by unprecedented challenges to register its best financial results in over a century of operation. […]

April 3, 2023
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6min
      03rd April 2022, Colombo: Sri Lanka’s 2nd largest life insurer, Softlogic Life, completes a historic accomplishment by presenting its ground-breaking Integrated Annual Report for the 10th consecutive year. The 2022 Integrated Annual Report embraces global benchmarks and is prepared following the ‘International <IR> Framework’ of the International Integrated Reporting Council (IIRC). Presented […]

April 3, 2023
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5min
      Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, representing 25.1% of the company’s annual revenue and bringing its […]

December 19, 2022
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4min
      (December 19, 2022 – Colombo): People’s Bank today announced that its 2021 Annual Report garnered yet another honour at the recently concluded South Asian Federation of Accountants (‘SAFA”) Annual Report Awards 2022, receiving Joint Bronze in the Public Sector Bank category. The Awards are conferred based on the criteria of improvement in […]

November 17, 2022
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4min
      People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, was recognised by the Institute of Certified Management Accountants of Sri Lanka (CMA) for its 2021 Annual Report as one of the top ten ‘Best Integrated Annual Reports” in the country at the recently concluded CMA Excellence in Integrated Reporting Awards 2022. The integrated […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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