Market

Dipped Products Records Turnover of Rs.7.8Bn

The Dipped Products Group posted Rs.7.8 billion turnover and Rs. 221 million Profit before Tax (PBT) for the first quarter ended 30th June 2019. The Hand Protection segment posted a growth of 8% in turnover amounting to Rs. 4.4 billion and contributed Rs. 219 million to Group...
Posted On 08 Aug 2019

Shipping

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SLPA in collaboration with the JCT, SAGT and CICT holds the 2nd Port of Colombo Awards

The 2nd consecutive  Port of  Colombo Awards Night organized by Sri Lanka Ports Authority (SLPA) in collaboration with the Jaya Container Terminal (JCT), South Asia Gateway Terminals (SAGT) and the Colombo International Container Terminals(CICT)  was  held recently  at the...
Posted On 02 Sep 2019

Enrergy

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External factors impact LVL Energy Fund Profit in Q1 2019/20

Revealing its financial performance for the first three months of the 2019/20 financial year, during the period ended 30th June 2019, the LVL Group reported a drop in revenue to LKR 51 million from LKR 114 million achieved during the corresponding period in the previous year. The...
Posted On 07 Aug 2019

Other

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Sarvodaya Development Finance and DIMO boosts local agriculture with Mahindra & Mahindra tractor offer

Sarvodaya Development Finance (SDF), a licensed Finance Company approved by the Central Bank of Sri Lanka, has entered into a partnership with Diesel & Motor Engineering PLC (DIMO) for financing of all Mahindra & Mahindra tractors imported and sold by the automotive...
Posted On 16 Sep 2019