growth Archives - Page 11 of 14 - Lanka Business News

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

PHOTO-01-Chairman-of-Seylan-Bank-Mr.-Ravi-Dias-LBN.jpg

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 […]

February 9, 2023

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9-month revenue grows 84% to Rs 66.8 billion Net profit for period up 17% to Rs 1.97 billion even with Q3 loss Teejay Lanka PLC has reported strong revenue growth for the nine months ending 31st December 2022 as well as for the third quarter of the year, but higher domestic costs, […]

February 7, 2023

Top-line growth of 15% PAT amounted to Rs. 2.7 Bn, an increase of 27% with ROE of 25%, Recurring EPS 12.85 PBT stands at Rs. 4 Bn Ranked as the second-largest in the life insurance market Company paid claims of Rs. 8.3 Bn February 7th, 2023: Softlogic Life recorded a superior full […]

February 1, 2023

EBITDA* (Rs.000) Quarter ending 31 December Nine months ending 31 December Q3 2022/23 Q3 2021/22 % Cumulative 2022/23 Cumulative 2021/22 % Transportation 1,498,535 1,395,668 7 9,084,866 3,620,152 151 Consumer Foods 402,382 1,004,217 (60) 2,644,604 1,922,194 38 Retail 2,320,385 2,274,900 2 6,602,516 […]

December 30, 2022

For the 7th consecutive quarter, since 2021, Amana Takaful Insurance PLC has managed to retain its status and position as Sri Lanka’s fastest-growing insurance company. This was revealed as the Company released its 2022 Q3 financials to the public recently. Amana Takaful Insurance PLC witnessed a revenue growth of 46% as of […]

December 19, 2022

16 December 2022, Colombo: 361 Degrees, among the largest and most sought after entities in Sri Lanka for the conduct of corporate training programs, has been assisting organisations in achieving their desired growth targets via world-class simulation-based corporate training programs. By harnessing the power of Business Transformation Strategies, Innovation, Change Management, Culture […]

December 14, 2022

The expansion of WSO2’s worldwide customers, revenues, team, partner network, and speaking engagements at leading global events positions the company for its next stage of growth Colombo, Sri Lanka – December 12, 2022 – WSO2, a global leader in digital transformation technologies, today announced that it is on track to close this […]

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

Strong balance sheet gears Teejay for growth despite challenging Q3

Softlogic Life’s FY22 results grows to LKR 23 Bn GWP amidst tough macroeconomic challenges

“JKH records EBITDA growth of 9% to Rs.10.41 billion in Q3”

Amana Takaful Insurance Fastest Growing Insurance Company in Sri Lanka for 7th Consecutive Quarter

361 Degrees launches world-class simulation-based corporate training programs

WSO2, Sri Lanka’s Largest Software Company, Closes Yet Another Successful Year