Sri Lanka’s leading private sector retail bank, HNB PLC, announced two strategic additions to its Board of Directors with the appointment of distinguished banking industry luminaries, S. Renganathan and Nanda Fernando as Independent Non-Executive Directors, marking a significant enhancement to the Bank’s governance and strategic direction. Both Renganathan and Fernando possess over four decades of.
Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of Rs. 38.6 billion for the nine months ending 31 December 2022 (9MFY23), an increase of 60% YoY compared to the corresponding period of last year. Profit after tax (PAT) for the period in review rose to Rs. 3.8 billion, an increase of 5.6% YoY, […]
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 Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of Rs. 38.6 billion.
While selling assets may be the easiest solution to ward off the national crisis Sri Lanka currently faces, another option lies in transforming loss-making SOEs (State Owned Enterprise) whose rich assets can be turned around to profitability driven and managed by clean, experienced corporate executives, said the SLT Group Chairman Rohan Fernando. He made these […]
By Hiran H.Senewiratne SLT stocks showed an acute price gain at the CSE yesterday following President Ranil Wickremasinghe’s revelations in the course of delivering the 2023 budget speech that the ‘re-structuring of state owned entities, including SriLankan Airlines, Sri Lanka Telecom, Sri Lanka Insurance Corporation, the Colombo Hilton and Water’s Edge would be carried out […]