June 4, 2025
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4min13
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition. The Group posted consolidated revenue of Rs. 83.3 billion, reflecting a 9.0% year-on-year (YoY) growth, driven by broad-based momentum across its core businesses.     Group gross profit rose […]

June 2, 2025
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4min32
eChannelling PLC, the nation’s leading digital health platform and a member of the SLT-MOBITEL Group, announced a record-breaking Q1 2025 revenue of Rs 67 million. With a revenue growth of 17% in the first quarter, this marks the company’s strongest quarterly performance to date, reinforcing eChannelling’s leadership in Sri Lanka’s digital healthcare space. Alongside impressive […]

June 2, 2025
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7min15
Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) recorded resilient revenue growth during the year ended 31 March 2025 (FY25), amidst macroeconomic headwinds and evolving consumer dynamics. Group’s Healthcare sector led this growth and remained the largest contributor to total Group revenue in FY25. The Group recorded a consolidated revenue of LKR 59.3 billion […]

May 21, 2025
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7min20
Ad revenue accounts for just 9.2% of Amazon’s total revenue Amazon sees on average 2.5 billion visitors per month Brands can reach over 200 million shoppers who watch Prime Video Multi-format campaigns within the Amazon ecosystem drive better brand lift Consumers favour Amazon ads for trust and quality WARC Media’s Platform Insights: Amazon 21 May […]

March 19, 2025
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2min35
 A 40-year lease renewal agreement for rubber plantations has been signed between the Bangladesh Forest Industries Development Corporation (BFIDC) and the Forest Department. Over the years, the Forest Department has officially transferred 38,184.48 acres of land for 18 rubber plantations to BFIDC.     The agreement signing ceremony took place Tuesday 18 March 2025 at […]

March 3, 2025
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5min28
1st March 2025, Colombo: Janashakthi Group (JXG), Sri Lanka’s emerging financial conglomerate, announced its financial performance for the period ending December 31, 2024, with group revenue reaching LKR 18.34 billion and Earnings Before Interest and Tax (EBIT) of LKR 6.18 billion.     Ramesh Schaffter, Managing Director/Group CEO at JXG said, “For over 30 years, […]

February 14, 2025
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4min24
12 February 2025: Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) has recorded a consolidated revenue of Rs. 64.66 billion for the nine months ending 31 December 2024 (9MFY25), an increase of 7.49% YoY compared to the corresponding period of last year. Group’s gross profit has increased by 5.81% to 16.73 billion with gross profit […]

February 13, 2025
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5min28
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
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18min42
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 […]


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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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