growth Archives - Page 2 of 14 - Lanka Business News

February 27, 2025

SINGAPORE – Media OutReach Newswire – 26 February 2025 – On February 20, the “Exploring New Growth” OPPO Ads Connect 2025 Southeast Asia Salon was successfully held in Singapore alongside the launch of OPPO Ads’ new Device+ Marketing Solution. This is OPPO Ads’ first platform-level event abroad, showcasing its strategic capabilities, creative accomplishments, market insights, […]

February 26, 2025

Advances grow by 24% with industry low Stage 3 Impairment Deposit up by 16% with industry high CASA of 44% PBT up by 21% to close at LKR 2.8 billion as PAT grows 28% to reach LKR 1.8 bn Amana Bank PLC continued its robust performance to conclude 2024 on a strong note as the […]

February 26, 2025

Bank’s Financial Performance Financial Highlights Profit before Income Tax (PBT) of LKR 16.04 Bn with a 59% growth Profit after Tax (PAT) of LKR 10.05 Bn with a 61% growth Total Assets of LKR 780 Bn, with a 9% growth All Currency LCR at 491.37 % and Rupee LCR at 415.75% Impaired Loans (Stage 3) […]

February 21, 2025

The Joint Apparel Association Forum (JAAF) welcomes the new Government’s maiden budget, recognizing its focus on export-driven growth, investment facilitation, and policy consistency. The budget’s commitment to economic stabilization and a competitive business environment marks a positive step forward for Sri Lanka’s textile and apparel sector. The expansion of Sri Lanka’s Free Trade […]

February 18, 2025

DIMO, a leading diversified conglomerate in Sri Lanka, marked a significant milestone in its journey, by celebrating over a decade of continuous growth and collaboration with Great Place to Work (GPTW) Sri Lanka. GPTW’s tools assisted in comprehension of our organizational intricacies, leadership dynamics, and workforce ethos and has been instrumental in navigating challenges and […]

February 16, 2025

NCGI’s groundbreaking national initiative aimed at supporting SMEs across the country Citizens Development Business Finance PLC (CDB) made yet another trailblazing move to boost SMEs in the country, by disbursing the very first loan in Sri Lanka under the National Credit Guarantee Institution (NCGI) Guarantee scheme. The loan which was granted to farmer W M G Prasanna […]

February 13, 2025

Consolidated revenue of LKR 45.2 billion, up by 6.7% Healthcare revenue up 17.8% YoY to LKR 24.8 billion Consumer Brands recorded a revenue of LKR 14.4 billion, down 3.1% YoY February 10, 2025: Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of LKR 45.2 billion for the nine months ending 31 December 2024 […]

February 7, 2025

Performance Review for the Nine Months Ended 31st December 2024 Overview The Group recorded earnings of Rs. 3.0 billion, a 36.3 percent growth in consolidated earnings for the quarter with revenue increasing by 6.4 percent to Rs. 33.2 billion and operating profit increasing by 25.7 percent to Rs. 4.9 billion. Revenue growth was evident across […]

January 31, 2025

Teejay Group, Sri Lanka’s first multinational textile manufacturer, announced a Year-to-Date (YTD) Profit after Tax of LKR 1.9 billion for Q3 (third quarter) of FY2024/25, marking a remarkable 234% increase compared to the same period last year. Group revenue reached an impressive LKR 49.8 billion for the period ending 31st December 2024, reflecting a 10% […]

January 28, 2025

January 27, 2025: Softlogic Finance PLC recorded stable results whilst returning to moderate profitability for the nine months ended 31st December 2024 whilst commencing a drive to pursue a tech driven approach in its future journey. The company, a subsidiary of Softlogic Capital PLC, posted profit of 42.2 Million for the period and is committed to embracing innovation, improving client experiences, and addressing the growing demand for digital financial solutions in […]

OPPO Ads Connect 2025 Southeast Asia Salon: Unlocking New Marketing Growth and Drafting a Business Blueprint

Amana Bank continues robust performance in 2024

Seylan Bank posts a remarkable PAT of LKR 10 Bn for 2024

JAAF Welcomes Budget 2025, calls for caution on the removal of SVAT.

DIMO Celebrates Over a Decade of Growth and Collaboration with Great Place to Work Sri Lanka

CDB boosts SMEs with very first NCGI loan disbursement in Sri Lanka

Strong healthcare sector performance in 9MFY25 boosts Sunshine Holdings’ revenue to LKR 45.2 billion

Hemas Delivers Strong Performance in Earnings Growth

Teejay Lanka delivers resilient growth in Q3 amidst dynamic market conditions

Softlogic Finance posts stable results, pursues tech-driven journey