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First Capital records Rs. 2.09 bn highest PAT

First Capital records Rs. 2.09 bn highest PAT
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First Capital records highest ever PAT of Rs. 2.09 Bn

L-R: Nishan Fernando - Chairman, First Capital Holdings, Dilshan Wirasekara - Director/Chief Executive Officer, First Capital Holdings
First Capital Holdings PLC recorded a
Consolidated Profit after Tax of LKR 2.09Bn for the financial year 2020/21. The
results show a significant growth compared to Consolidated Profit after Tax of LKR
1.07Bn recorded in the previous year. The
Total Comprehensive Income recorded for year 2020/21 is LKR 2.01Bn compared to LKR 1.04Bn reported in the
previous year. Meanwhile, the Company’s financial position remains strong with
total assets of LKR 36.7Bn and Equity in excess of LKR 4.8Bn. First Capital is
a member of the Janashakthi Group. ....

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Kenanga IB posts RM34.16m net profit in 1QFY21

Kenanga Investment Bank Bhd (Kenanga IB) posted net profit of RM34.16mil in the first quarter ended March 31,2021 which was a turnaround from the net losses of RM6.95mil a year ago. ....

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Service Fabrics is Renaming to G3 Technologies Limited

In an extraordinary general meeting on 29 May, the shareholders of Service Fabric Limited approved a change of the name of the company according to a ....

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UK PM acted unwisely over flat refurbishment but no conflict of interest - report

LONDON (Reuters) - British Prime Minister Boris Johnson unwisely allowed a refurbishment of his flat to proceed without more rigorous consideration of how it would be funded, the independent adviser on ministers interests said in a report. Johnson has in recent weeks faced intense scrutiny over how the refurbishment of his flat, estimated in some media reports to have run into hundreds of thousands of pounds, had been financed. On Friday an adviser on ministerial behaviour, Christopher Geidt, published a report into the issue, which cleared the prime minister of a conflict of interest, or of breaching the ministerial code. But the report was nevertheless critical of Johnson. The Prime Minister – unwisely, in my view – allowed the refurbishment of the apartment at No 11 Downing Street to proceed without more rigorous regard for how this would be funded, the report said. The report found that a Conservative Party donor had settled an invoice for some of the refurbishment cost, but s ....

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