Ceylinco Life has announced that its net profit for the year ending 31st December 2017 is Rs 9.467 billion, including a one-off surplus of Rs 3.456 billion generated by a change in the basis of the valuation of Life Funds under Section 96A of the Regulation of Insurance Industry Act No 43 of 2000.
The Colombo Stock Exchange (CSE) announces the launch of a series of workshops on capital market operations for corporate representatives.
Teejay Lanka, one of the region’s largest textile manufacturers, has announced a doubling of capacity of its Indian mill, following the completion of an expansion project involving an investment of US$ 15 million (more than Rs 2.3 billion at current rates).
Sri Lanka’s most inspiring leadership and management professionals were accoladed at the inaugural Great Manager Awards (2017), held at the Kingsbury Hotel.
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 15.5 billion, profit before tax of Rs. 926 million and profit after tax of Rs. 774 million for financial year 2017/18.
HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growth from last year.
Commercial Bank of Ceylon PLC has reported profit before VAT and NBT of Rs 7.677 billion and profit before tax of Rs 6.337 billion for the first quarter of 2018, with growth of 21.07% and 21.36% respectively signalling an exceptionally strong start to the financial year 2018.
Sri Lanka’s most innovative bank, HNB PLC announced the launch of a convenient new Business Card specially designed to empower the country’s most dynamic enterprises with complete digitization and comprehensive, secure management of organizational transactions, in partnership with Mastercard.
Motherhood is one of the most noble roles in a woman’s life, but it is also important to plan for one’s future.
Lankan Angel Network (LAN) which is Sri Lanka’s largest network of business professionals and experienced entrepreneurs who actively seek and invest in early stage, innovative and scalable ventures.
Expert financial planner NDB Wealth recently held its inaugural Sales Awards Night, hosting a gala ceremony at the Royal Ballroom of the Grand Monarch, in Thalawathugoda.
