Business News

businesscafe SLT Group Revenue

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.

businesscafe Visit of Colombo Port City The Chairman Harry Jayawardena of Melstacorp PLC

Businesscafe - Leading businessman, Mr. Harry Jayawardena of Melstacorp, was recently hosted at the Port City Colombo project development site by Executive Project Management Director, Mr. Raja Edirisuriya.

businesscafe Financial results of Sampath Bank for the first quarter of 2021

Businesscafe - While the Pandemic is undoubtedly one of the most formidable challenges Sri Lanka has encountered in recent years, it is believed that the collective response of the local Banking sector has helped the country as a whole, to handle the unexpected economic downturn in 2020.

businesscafe ComBank makes strong start to 2021 with robust growth in fund based operations

Businesscafe - The Commercial Bank Group led by Sri Lanka’s benchmark private sector bank has generated strong growth in fund-based operations in the first quarter of 2021, with the continuing trend of interest expenses reducing at a significantly higher rate than interest income combined with judicious management of core banking operations.