Businesscafe - Panasian Power PLC (CSE:PAP.N) one of Sri Lanka’s leading green energy solutions providers, posted a consolidated net profit of Rs 248 million for the financial year ending March 31st 2021, signifying a growth of 63% compared to the financial year in 2019/20.
Businesscafe - Sri Lanka’s leading agribusiness company Watawala Plantations PLC (CSE: WATA) announced that SBI Ven Holdings (Pte) Limited, the overseas private equity firm of SBI Holdings Inc., has invested USD 2 million in Watawala Dairy Farm through Watawala Dairy Limited (WDL).
Businesscafe - Citizens Development Business Finance PLC (CDB) is empowering female entrepreneurs by proving them with the technical know-how to successfully navigate the COVID-19 pandemic.
Businesscafe - HNB recorded a Profit After Tax (PAT) of Rs 4.7 Bn during the first quarter of 2021 while Profit Before income Tax (PBT) amounted to Rs 5.5 Bn. At Group level PBT and PAT were at Rs 5.9 Bn and Rs 4.8 Bn respectively.
Businesscafe - Standard Chartered Sri Lanka recently supported MAS Holdings to achieve one of its long-term strategic initiatives by identifying a suitable partner for its subsidiary, attune Lanka (Private) Limited.
Businesscafe - Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, is all set to launch a Rights Issue to raise over Rs. 2.2 billion in a bid to infuse fresh capital for business expansion with a focus on the company’s future growth.
Businesscafe - Nations Trust Bank Credit and Debit Cardholders can now activate and set customized PINs through either the Nations Mobile App or at the Bank’s Smart ATM/CRMs.
Businesscafe - Sampath Bank PLC recently entered into a strategic partnership with SDB Bank whereby customers of SDB can gain access to Sampath Bank’s branch network and cash/cheque deposit kiosks, enabling greater convenience and accessibility to new services, thereby driving greater financial inclusion.
Businesscafe - Seylan Bank, the Bank with a Heart, recently relocated its Kilinochchi Branch to a spacious new location to provide superior banking services to its customers hassle free.
Businesscafe - Chrissworld Limited will be listed on the Empower Board of the Colombo Stock Exchange(CSE) with effect from 18th May 2021.
Businesscafe - Sri Lanka Telecom PLC (SLT) Group released its financial results for the first quarter of 2021, with a remarkable 14.3% year-on-year growth in Profit After Tax (PAT) to Rs. 2.1 Bn.