SriLanka Business News

News related to Sri Lanka Economics, Colombo Stock Exchange, Sri Lanka Tourism and Central Bank of Sri Lanka.

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Friday, 15 May 2020

Fitch affirms Hemas Holdings at ‘AA-(lka)’; Outlook Stable

Fitch Ratings has affirmed Sri Lanka-based consumer and healthcare company Hemas Holdings PLC’s National Long-Term Rating at ‘AA-(lka)’ wit...

Union Bank reports subdued growth in 1Q20

Despite its strong-footed entry into the first quarter of 2020, Union Bank’s core banking growth compressed since mid-March up until the en...

Pan Asia Bank records best ever Q1 results

Profit before tax up by 53% to Rs. 652 Mn Pan Asia Banking Corporation PLC concluded 2020 Q1 with the best ever financial results in a firs...

Fitch affirms Richard Pieris at ‘A(lka)’/Stable

Fitch Ratings has affirmed Richard Pieris & Company PLC’s (RICH) National Long-Term Rating at ‘A(lka)’. The outlook is stable. At the s...

Sampath Bank posts Rs 3 bn quarterly PBT

Sampath Bank recorded a Profit before tax (PBT) of Rs 3 billion for the quarter ending March 31, 2020. Operating profit before all taxes, w...

Dialog posts Rs 29.2 bn revenue for Q1 2020

Direct and Indirect taxes, fees, levies to Govt, Rs 4.5 bn Dialog Axiata PLC all key business segments, Mobile, International, Tele-infra...

Teejay ends 2019-20 with net profit up 28%

Sri Lanka’s only multinational textile producer Teejay Lanka PLC has ended 2019-20 on an encouragingly strong note, reported profit before ...

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Atchuthan Srirangan
Srirangan Kathiravelu

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