Business News

HNB Group Posts Rs 16.8 Bn PBT

Wednesday, 15 November 2017 01:46

Hatton National Bank PLC (HNB) continued its growth momentum to post a group Profit before VAT & NBT of Rs 20.7 Bn while the PBT and PAT improved to Rs 16.8 Bn and Rs 11.8 Bn respectively for the first nine months of the year while group assets crossed Rs 1 Tn. PBT at Bank level surpassed Rs 15 Bn and PAT was recorded at Rs 10.9 Bn.

Sri Lanka’s pioneer in innovative and affordable luxury living, Iconic Developments Pvt Ltd announced an agreement with Maga Engineering Private Limited, the country’s largest construction firm, to serve as engineering partner to its upcoming project, Iconic Galaxy.

Sri Lanka’s largest online travel company Findmyfare Pvt Ltd has emerged the winner in multiple categories at the recently concluded South Asian Travel Awards 2017, held at Equator Village in Addu City, Maldives.

Commercial Credit recently triumphed at the LankaPay Six-A-Side Cricket Tournament 2017 by emerging champions for the second consecutive year.

Building on the success of the initial phase of their partnership, Emirates and flydubai have announced 16 additional destinations to which Emirates’ passengers will be able travel on a single ticket.

Law and Order and Southern Development Minister Sagala Ratnayaka said the government's vision was to make people inheritors of 'solutions' rather than making them inheritors of problems.

The hallmark of ultimate adventure in the great outdoors, Jeep together with Diesel & Motor Engineering PLC (DIMO) organised a trek into the indomitable terrain of Habarana.

The Commercial Bank of Ceylon has been honoured on the international stage with two more prestigious awards, being adjudged ‘Best Green Bank’ and ‘Best Private Bank’ in Sri Lanka by International Finance Magazine (IFM) of the UK, which is read in over 185 countries worldwide.

The much awaited all-island finals of Sir John Tarbet Junior School Athletic Championship 2017 was held from 8th to 10th November at Mahinda Rajapaksa Grounds, Diyagama and came to an exciting close with Janadhipathi Balika Vidyalaya Nawala emerging Overall Champions – Girls, while the Overall Champions - Boys was St. Joseph’s College Colombo.

In another sign of its continued support of American tennis, Oracle Corp. announced recently that it is launching four new professional tennis tournaments – two men’s events and two women’s events – in the United States next year in conjunction with the Association of Tennis Professionals (ATP) and the Women’s Tennis Association (WTA).