Hayleys records 78 growth in PBT to Rs.12.73 bn

Businesscafe - The Hayleys Group delivered remarkable growth and profitability during the first half of the financial year ending 31st March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12.73 bn, an increase of 78% over the corresponding period of the previous year.

Sampath Bank Successfully Spearheads Coral Replanting Initiative in Trincomalee

Businesscafe - Sampath Bank, in collaboration with the Department of Wildlife Conservation, Sri Lanka Air Force, Sri Lanka Navy, Police Life Saving Unit, Department of Oceanography and Marine Geology, Faculty of Fisheries and Marine Services & Technology, University of Ruhuna, successfully hosted its fourth coral restoration project at Marble Beach, Trincomalee, recently under the ‘A Breath to the Ocean’ CSR initiative.

Financial Stability Prudent Balance Sheet Management results in strong bottom line growth for DFCC Bank

Businesscafe - During the period under review, DFCC Bank has continued to record a strong financial performance, reflecting the entity's growth and stability amid the ongoing economic recovery.

HNB Toastmasters Club celebrates 21st Installation Ceremony with Pirates Themed extravaganza

Businesscafe - HNB Toastmasters Club (TMC), one of the leading corporate clubs in District 82, hosted its 21st Club Officer Installation Ceremony on November 1st, 2024, at HNB Towers.

Celebrate Heartfelt Moments with Seylan Cards this Christmas

Businesscafe - As families across Sri Lanka gather in celebration, Seylan Cards, the Essential Card for Heartfelt Essentials, is launching an exclusive Christmas campaign.

 Sunshine Holdings delivers robust performance in 1HFY25

Businesscafe - Continuing its resilience in robust growth, diversified conglomerate Sunshine Holdings PLC (CSE: SUN) posted consolidated revenue of Rs. 30.1 billion for the six months ending 30 September 2024 (1HFY25), an increase of 6.8% YoY.

DFCC Leasing partners with John Keells CG Auto to Provide Flexible and Affordable Leases for BYD Vehicles

Businesscafe - Driven by its commitment to a sustainable future, DFCC Bank supports Sri Lanka's growing demand for electric vehicles (EVs) through a new partnership between DFCC Leasing and John Keells CG Auto – the authorised agent for BYD passenger vehicles in Sri Lanka.

Nations Trust Bank PLC records strong 3Q 2024 performance with 24 ROE

Businesscafe - Nations Trust Bank PLC reported a strong performance for the nine months ending 30th September 2024, achieving a Profit After Tax (PAT) of LKR 12 Bn, up 29% YoY.

ComBank accelerates lending in Q3 as strong fundamentals spur growth

Businesscafe - The Commercial Bank of Ceylon Group has achieved impressive growth at the end of the third quarter of 2024 by banking on judicious portfolio management and continued improvement of its CASA ratio to counteract the impacts of reduced interest income in prevailing market conditions.

ICT Sector Explores Unlocking Value and Funding Opportunities Through the Capital Market

Businesscafe - The Colombo Stock Exchange (CSE) and U.S. Agency for International Development (USAID) together with SLASSCOM and FITIS, recently hosted a forum titled ‘Unlocking Value via Capital Markets and Funding Options for the IT Sector’.

NDB Bank Employees Volunteer for Beach Clean Up at Kapumgoda

Businesscafe - NDB Bank recently organised a beach clean-up initiative at Kapumgoda Beach, Pamunugama, as part of the Bank’s "Adopt a Beach" project.