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ICRA Ratings: ICRA maintains a stable outlook on the sector with steady growth in operating income, moderate leverage, and healthy coverage metrics.
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
Swisstek Aluminium has been recognized for its exemplary management practices, receiving the Merit Award for the third consecutive year at the Best Management Practices Company Awards 2024. Hosted annually by CPM Sri Lanka, these awards honour organizations both public and private that exhibit exceptional leadership, growth, and success through their management strategies and practices. In...
Lafarge Africa Plc. Lagos, April 29, 2024 Q1 2024 NET SALES UP 50% YOY; PAT DOWN 65% YOY, IMPACTED BY FX DEVALUATION LOSSES ...
A long-term financial cycle has coincided with, and bolstered, the current investment cycle. That's good and bad news for India's growing economy. The outcome is a higher investment-to-GDP ratio. But there is need for caution. If the financial cycle runs ahead of the business cycle unchecked, eventual stresses could be severe, worsening the inevitable downturn.