Business News

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.

BPPL Holdings PLC records stellar 85 growth in QoQ net earnings in Q2 2024

Businesscafe - BPPL Holdings PLC witnessed a significant improvement in its financial performance during the three months ended 30th September 2024, as compared to both the corresponding quarter in FY 2023-24 and the three months ended 30thJune 2024.

Celebrating Excellence at the National Logistics Awards 2024 A Triumph for MendisOne

Businesscafe - MendisOne is proud to announce that Premium Trading and Logistics and Prudential Shipping once again emerged as standout winners at the prestigious National Logistics Awards 2024, securing three awards across key categories:

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.

SLAAQP convenes global quality leaders at ICQCC 2024

Businesscafe - The International Convention on Quality Control Circles (ICQCC) 2024, organized by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), concluded successfully on November 11-13, 2024, at the BMICH and Mount Lavinia Hotel in Colombo.

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.

SLT MOBITEL achieves financial recovery in Q3 2024

Businesscafe - SLT-MOBITEL Group has reported a Profit After Tax (PAT) of Rs. 1,093 million for Q3 2024, compared to a loss of Rs. 1,543 million for the same period last year, demonstrating a significant 171% turnaround in bottom-line performance.

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.