Revenue Archives

March 29, 2024

North America is Snapchat’s largest region for ad revenue but APAC marketers have the highest intention to increase investment. The app’s global DAUs reaches 414 million propelled by younger cohorts WARC Media’s Platform Insights: Snapchat 28 March 2024 – Having suffered consecutive quarterly revenue declines in 2022, Snapchat saw advertising revenue steadily bounce back in […]

November 10, 2023

Hemas Holdings PLC (HHL) delivered resilient results in the first six months of the financial year 2023/24 to post a cumulative Group revenue of Rs. 59.0 billion, a 13.5 per cent growth over previous year. Amidst the increasing strain on operating expenses, the Group’s operating profit and earnings for the period experienced […]

May 31, 2023

Q1 Revenue grows 49.7% to Rs 1.489 billion Pre-tax profit up 44.6% to Rs 417.2 million Major investments in replanting of rubber and tea to continue in 2023 Agalawatte Plantations PLC (APL) has reported impressive revenue and profit growth in the first quarter of 2023, consolidating on the remarkable turnaround achieved subsequent […]

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 15, 2023

Colombo, May 15, 2023 – Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, recorded positive consolidated revenues of Rs. 26.6 Bn for Q1 2023, an increase of 2.1%, compared to the same period last year, led by robust growth at company level from SLT, demonstrating resilience and optimism in […]

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 16, 2023

Consolidated revenue of Rs. 38.6 billion PAT increased by 5.6% YoY to Rs. 3.8 billion Healthcare revenue up 36.3% YoY to Rs. 17.6 billion Consumer revenue up 133.8% to Rs. 14.1 billion Agri revenue up 32.1% YoY to Rs. 6.6 billion February 15, 2023: Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a […]

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 8, 2023

hSenid Business Solutions (hBS) reported its results for the period ended 31 December 2022, with revenues up 16 percent year-over-year. Topline growth was supported by its core PeoplesHR Cloud offering, followed by Tracking Solutions. The group recorded 51 percent recurring revenues, driven by PeoplesHR Cloud. hBS continued its growth initiatives during the […]

November 29, 2022

– Announces results for the Second Quarter of 2022/23 – The Group recorded an impressive performance in Q2 with a revenue of LKR 1.42 Bn and with a PBT of LKR 267 Mn – PBT for 2nd quarter is 177% growth from the profit reported for the corresponding period of last […]

Snapchat’s annual advertising revenue is forecast to reach $5.2bn in 2024, a 13.7% year-on-year growth amidst strategic repositioning of its platform

Hemas Shows Resilience in Q2 2023/24 with Strong Performance

Damro revived Agalawatte Plantations in verdant start to 2023

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

SLT Group achieves stable revenues for Q1, remaining resilient despite challenges

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

Sunshine Holdings ups 9-month revenue by 60% despite challenges

Strong balance sheet gears Teejay for growth despite challenging Q3

hSenidBiz continues investments in growth initiatives in 3Q FY23

Dankotuwa Group Continues Commendable Performance