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Strong net profit growth in the final quarter of 2023-24 has enabled Teejay Lanka PLC to end the financial year on an optimistic note despite the impacts of the appreciation of the Rupee, which contributed to its 12-month results falling below those of the preceding year. Sri Lanka’s first multinational textile manufacturer has reported net...
Sri Lanka’s textile manufacturing multinational Teejay Lanka PLC has announced the commissioning of its own water and chemical testing laboratory as a process optimisation initiative as well as a milestone on the Company’s sustainability roadmap – “Abhivarah 2030.” Aptly named ‘Iera’ from a Sanskrit word for water, the laboratory is equipped to test physical, chemical...
Trillium, one of Sri Lanka’s most sought after real estate developers which aims to deliver comfort and elegance while merging the value of an exclusive lifestyle, is set to further diversify its offerings with the launch of Trillium Hotels & VIP Residencies. Positioned in the heart of Colombo 07, Trillium Hotels & VIP Residencies is […]
Initial Public Offering (IPO) of Lanka Credit and Business Finance Limited, through an Offer for Subscription of up to 75,000,000 Ordinary Voting Shares in the first instance, and a further 50,000,000 Ordinary Voting Shares at the option of the Board of Directors at Rs. 4.00 per share, which opened 26th October 2021 was oversubscribed on […]
Allianz Lanka once again partnered with other Allianz offices from around the world to raise much needed funds to mitigate critical issues facing countries ravaged by the COVID-19 pandemic, via the Allianz World Run, an initiative that seeks to inspire Allianz team members as well as their friends and family to undertake recreational physical activity […]