Business News

Ceylon Biscuits Limited (CBL) confirmed the conglomerate’s superior standing in the local market with five awards including two Golds at the recently concluded National Sales Congress 2014 Awards (NASCO), organised by the Sri Lanka Institute of Marketing (SLIM).

The Richard Pieris Group ended its 1st Quarter on a strong note reporting a growth of 106% in its Net Profit when compared to the corresponding period of the previous year.

Aitken Spence PLC, the country’s leading blue-chip conglomerate has once again reposed its confidence with the country’s national body of accountants, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) by supporting its activities as a lead sponsor for the year 2014/2015.

The National Youth Corps (NYC), together with the BPO Certification Institute (BCI), today announced the launch of the Institute of Business Process Outsourcing (IBPO), Sri Lanka’s first fully-fledged training institute for Business Process Outsourcing.

Offering a double treat to Elephant House ice cream lovers island wide yet again, Elephant House today announced the launch ofits ‘Stick eke luck eka’ consumer promotion for the second year running.

While preparations are underway for AXE Blast 2014 - the biggest blast of the year, AXE fans were treated to a unique virtual reality experience at Majestic City recently.

It gives me pleasure to present the first quarter performance of your Company for the financial year 2014/15. The Group recorded a consolidated revenue of Rs. 7.3Bn, a growth of 20%. Group operating profit closed at Rs. 452Mn while earnings stood at Rs. 247Mn, a decline of 12%.

First Capital Holdings PLC has recorded a consolidated net profit after tax of Rs. 218 million in the first quarter of 2014-15, benefitting from lower interest rates and higher trading volumes to make an impressive start to the financial year.

The recently concluded BIONA RUNWAY Super Model Sri Lanka 2014 pageant, was not just another super model contest but a stepping stone to the 9th Asian Super model contest that is held annually in China.

Flavoured by the tropics and swathed by the exotic beauty of an island where the sun, sand and sea is undoubtedly a way of life, COCO Linens is all about comfort.