Aitken Spence PLC recorded a steady financial performance for the twelve months ending 31st March 2018 with a 22% year-on-year growth in profit-before-tax from Rs.
Tag: revenue
Hayleys first listed firm to cross $1b turnover
Building on a strong momentum gathered over the final quarter of FY 2017/18, Sri Lanka’s leading diversified conglomerate Hayleys PLC announced a record breaking top-line
Singer revenue increases by 13% in 1Q 2018 to Rs. 13.6 billion
The Singer Group revenue in the quarter ended 31st March 2018 was Rs. 13.6 billion, an increase of 13% compared to the prior year despite
Facebook posts record revenues for first quarter despite privacy scandal
Company sees almost $12bn in revenue, up nearly 50% from last year and beating analyst estimates as Zuckerberg hails ‘strong start’ Facebook’s data privacy problems
Sri Lanka Telecom connected two million homes with fiber at end 2017
Sri Lanka Telecom (SLT) says it connected some two million households to fiber by the end of December 2017. With revenue derived from broadband/data/other services
All’s well with IRA
By Uditha Jayasinghe Barely a day after the new Inland Revenue Act (IRA) came into force, Finance Minister Mangala Samaraweera and his deputy Eran Wickramaratne
Sri Lanka needs to create an environment that rewards investment: Harvard economist
Sri Lanka should move towards a simpler tariff structure, and implement direct taxes on things like income and property to maintain revenue, Harvard economist Robert Lawrence
Rs. 21.9 bn budget surplus recorded in first ten months of 2017
A budget surplus of Rs 21.9 billion has been recorded during the first ten months of 2017, the Finance Ministry says. The Ministry has said
Sri Lanka budget keeps to IMF plan but fiscals still weak – Fitch
The global rating agency, Fitch Ratings says Sri Lanka’s budget for 2018 sticks broadly to the targets for fiscal deficit reduction under its three-year IMF
Singer Revenue Grows to Rs 37 Billion Despite Challenging Environment
The Singer Group announced results for the nine months ending September 30th 2017 with revenues increasing to Rs. 37.0 billion, an increase of 12% compared