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Profits at Sri Lanka based Expo Lanka Holdings, a logistics unit of SG Holdings of Japan, reported profits of 2.9 billion rupees for the December 2022 quarter, down 87 percent as the US Federal Reserve stopped its money spigots.
Revenue of Rs. 235.1Bn (YoY +146%), Gross Profit of 36.9Bn (YoY +156%) Profit after tax of Rs. 20.1Bn (YoY +220%) Over 95% of Expolanka Holdings PLC revenue comes from its international operations. Expolanka Holdings PLC, Sri Lanka’s leading listed entity with interests in logistics, leisure and Investments, having a global presence in 34 countries and.