macroeconomic Archives

May 29, 2023

May 26, 2023: Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) recorded resilient revenue growth in a challenging macroeconomic environment, reporting notable top-line growth during the year ended 31 March 2023. Group’s Healthcare and Consumer sectors led growth while healthcare segment remained the major contributor to total Group revenue in FY23. Sunshine […]

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 […]

September 21, 2022

Amana Bank has continued its effort in supporting its SME and business banking customers to help reduce their burden as a result of the current unprecedented macroeconomic conditions. Similar to overcoming the difficult times brought on by the pandemic-induced economic slowdown, the banking sector was once again called upon to play a major […]

August 9, 2022

• Consolidated revenue of Rs.11.7 billion • Healthcare revenue up 46% YoY to Rs.5.8 billion • Strong growth in Consumer, revenue up 109% YoY to Rs.3.9 billion • Agribusiness revenue increased by 32% YoY to Rs.1.9 billion • PAT increased to Rs.1.6 billion, an increase of 54% YoY August 05, […]

June 29, 2022

Colombo June 29th, 2022: In a bid to enhance patient access to high-quality, affordable healthcare within Sri Lanka, the country’s fastest-growing primary care chain Medihelp Hospitals, continues to expand its geographical reach and scope of services despite the current volatile macroeconomic climate. Stepping into its 37th year of operations, Medihelp offers […]

May 19, 2022

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

Colombo, May 19, 2022 – Seylan Bank PLC recorded a Profit After Tax (PAT) of LKR 1.1 Bn in Q1 2022, maintaining its forward momentum in a period of volatile macroeconomic challenges. The Bank capitalized on its strong fundamentals with capital adequacy ratios well above regulatory requirements; whilst ensuring its liquidity […]

Healthcare, Consumer and Agri propel Sunshine Holdings’ strong FY23 performance amidst macroeconomic challenges

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

Amana Bank continues to support business customers to overcome economic hardships

Sunshine Holdings records 59% top-line growth in 1QFY23 despite challenging macroeconomic conditions

Medihelp Hospitals forges ahead with expansion amidst a challenging macroeconomic backdrop

Seylan Bank perseveres through macroeconomic challenges to retain momentum in Q1 2022