Companies

Sri Lanka to regulate lubricants, bitumen through PUCSL

Aug 24, 2016 (LBO) –Sri Lanka’s cabinet has approved appointment of the Public Utilities Commission as the regulator of the lubricant industry and bitumen …

Browns Beach Hotels to raise Rs1.4bn through rights issue

Aug 23, 2016 (LBO) – Sri Lanka’s Browns Beach Hotels is to raise 1. online pharmacy buy abilify with best prices today in the USA online pharmacy buy …

Sri Lanka’s Amana Takaful Life to list on Thursday

Aug 16, 2016 (LBO) – The shares of Amana Takaful Life Limited will be listed on the Colombo Stock Exchange on Thursday, the company said in a stock exchange …

Sri Lanka’s LOLC June net up 26-pct amid growing incomes

Aug 16, 2016 (LBO) – Sri Lanka’s LOLC group, which has interests in financial services, insurance, plantations, trading and leisure, said net profit for …

Aitken Spence records 31-pct top line growth in Q1

Reflecting top line growth across all sectors – tourism, maritime and logistics, strategic investments and services; leading blue chip - Aitken Spence PLC …

Sri Lanka’s Ceylon Tobacco unit profits flat in June quarter

Aug 12, 2016 (LBO) – Profits at Ceylon Tobacco, a unit of British American Tobacco, rose one percent to 3.0 billion rupees in the June quarter, interim …

SLT gets full landing status for SEA-ME-WE 5 in Matara

Aug 12, 2016 (LBO) - Telecommunications and ICT solutions provider, Sri Lanka Telecom PLC (SLT), says it has gained full landing status of SMW5 Cable Station …

SriLankan Airlines to lease aircraft to Pakistan Int’l Airlines

Aug 11, 2016 (LBO) – SriLankan Airlines has entered into a “wet lease” agreement with Pakistan International Airlines (PIA), owned by the government of …

Sri Lanka’s Hemas Holdings profits surge 68-pct in June quarter

Aug 11, 2016 (LBO) – Sri Lanka’s Hemas Holdings which has interests in FMCG, leisure and healthcare, has posted a equity holder profit of 696 million …

Sri Lanka’s HNB net up 41-pct in June quarter amid income growth

Aug 11, 2016 (LBO) – Group profits at Sri Lanka’s Hatton National Bank surged 41 percent to 3.3 billion rupees in the June 2016 quarter from a year earlier …

Sri Lanka’s Distilleries June net up 10-pct with beverage revenues

Aug 11, 2016 (LBO) – Profits at Sri Lanka’s Distilleries group, the island’s largest alcohol maker, rose 9. buy vilitra online …

LOLC to issue USD150mn listed foreign currency bonds in Singapore

Aug 09, 2016 (LBO) – Sri Lanka’s LOLC is to issue and list 150 million US dollars worth foreign currency denominated notes and bonds on the Singapore Stock …

Sri Lanka’s Piramal Glass records 11-pct revenue growth in 1Q

Piramal Glass Ceylon PLC has announced its results for the 1st Quarter of F2017 with Rs. 1,656 Million of Revenue & Rs. 110 Million of Profit After Tax. …

Sri Lanka’s Dialog Axiata net up 20-pct in June quarter

Aug 08, 2016 (LBO) – Profits at Sri Lanka’s Dialog Axiata group, which has interests in mobile, fixed and pay television rose 20 percent to 2.3 billion …

Janashakthi Insurance records remarkable growth in 1H, 2016

Janashakthi Insurance PLC (Janashakthi) posted a consolidated Profit After Tax (PAT) of Rs. 630 million for the six months ended 30th June 2016, recording an …

Sri Lanka’s Sampath Bank profits surge 54-pct in June quarter

Aug 02, 2016 (LBO) – Net profits at Sri Lanka’s Sampath Bank group rose 54 percent to 2.5 billion rupees in the June quarter from a year earlier, interim …

Sri Lanka’s Commercial Bank to raise Rs7bn from listed debenture

Aug 02, 2016 (LBO) – Sri Lanka’s Commercial Bank is to raise 7.0 billion rupees from a listed debenture issue, the bank said in a stock exchange filing. …

Fitch affirms 10 Finance Companies; expects asset quality to deteriorate

Aug 02, 2016 (LBO) – Fitch Ratings has affirmed the ratings of 10 Finance Companies following its periodic review of the large and midsized finance …