growth Archives - Page 10 of 14 - Lanka Business News

May 29, 2023

Colombo, 28th May 2023: Seylan Bank, recently organised a dynamic event in Divulapitiya, underscoring its steadfast commitment to creating an enabling environment for the growth of Small and Medium Enterprises (SMEs) while bolstering Sri Lanka’s economy. Over 100 small and medium business entrepreneurs benefited from insights shared by a distinguished panel consisting […]

May 24, 2023

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Arpico Insurance PLC, one of the most innovative and trusted Life Insurance providers in the country and fully owned subsidiary of the blue-chip conglomerate Richard Pieris & Company PLC, reported a 19.5% growth in Gross Written Premium (GWP) in Q1 of 2023, exhibiting the fifth highest growth in the life insurance industry. […]

May 17, 2023

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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 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 2, 2023

Expolanka Holdings PLC ended its financial Year 2023 displaying resilience in the face of a challenging macro environment, while pursuing a strategy of consolidation paving the way for future growth. For the fourth quarter, Expolanka achieved a Revenue of Rs. 55.1Bn, Gross Profit of Rs. 19.3Bn, and Operating Profit of Rs. 1.08Bn. […]

April 27, 2023

World’s largest adventure travel company doubles down on its investment in Sri Lanka, with 100% team growth, more recruitment and a new graduate program Intrepid Travel, the world’s largest adventure travel company, plans to grow further in Sri Lanka, with its Colombo team already having doubled in just one year to become […]

April 4, 2023

Colombo, 04th April 2022: Softlogic Life, the second-largest life insurer in Sri Lanka, recently held its inaugural Investor Forum on 3rd April 2023 at Shangri La Colombo. The forum provided Softlogic Life’s leadership and shareholders with a platform to discuss the company’s operations, financial performance, growth trajectory, and future plans. The event […]

March 3, 2023

The read-made garment industry of Bangladesh is strongly focusing on transition towards circular economy to pursue growth in a more sustainable and stay competitive in the long run, said Faruque Hassan, President of The Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Switch to circular economy practices is a huge task that requires collective […]

March 1, 2023

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Seylan Bank reported a robust Profit before Tax (PBT) of LKR 6.6 Bn, a 10% growth for the year ended 31st December 2022 while recording a Profit after Tax (PAT) of LKR 4.7 Bn delivering a stable performance. The results were further buoyed by an impressive 72% rise in Net Interest Income […]

February 21, 2023

Continues growth momentum in Q3 and throughout the 9 month period demonstrates the Group’s resilience, continuous focus and perseverance against adverse external business dynamics 21st February 2023, Colombo: Lankem Ceylon PLC, a well-diversified conglomerate reputed for its market dominance in the areas of agriculture, consumer products, hotels, industrial chemicals, industrial flooring, Decorative […]

Empowering Sri Lanka’s SMEs: Seylan Bank hosts event to foster growth and financial management

Arpico Insurance PLC continues its growth in Q1 2023

Teejay ends 2022-23 with 70% revenue growth despite tough H2

Emirates Group announces 2022-23 results

Expolanka Holdings ends FY 2023 focusing on consolidation strategy to deliver long term growth

Intrepid invests further in Sri Lanka as Colombo team doubles to become largest globally

Softlogic Life showcases impressive growth at Investor Forum and shares plans beyond 2023

Bangladesh RMG moving towards circularity to stay competitive

Seylan Bank 2022 Net Interest Income soars to 72% with robust revenues reconfirming stable growth

Lankem Ceylon PLC Continues Growth Trajectory into the 3rd Quarter of 2022/23