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LOLC Group achieves first-ever historic profitability in Sri Lanka's corporate sector, recording a stunning Rs. 57 Bn in PBT - Adaderana Biz English


LOLC Group achieves first-ever historic profitability in Sri Lanka’s corporate sector, recording a stunning Rs. 57 Bn in PBT
May, 31, 2021
Sri Lanka’s most valuable and globally diversified financial conglomerate, the LOLC Group, posted a record-breaking performance for the financial year ending 31st March 2021, achieving unprecedented bottom line results of Rs. 57Bn in Profit Before Tax (PBT), and a Profit After Tax (PAT) of Rs. 53Bn - a first for any corporate in the country. By achieving profits on this massive scale in the history of Sri Lanka’s corporate world, the Group once again consolidated its position as the top most profitable diversified corporate in the country, three years in a row - establishing LOLC as one of the largest Micro and Small & Medium Enterprises (MSME) platforms in the world. ....

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Hemas Ends Financial Year with a Strong Performance - Adaderana Biz English


Hemas Ends Financial Year with a Strong Performance
May, 22, 2021
 
Chief Executive Officer’s Review
Hemas Holdings PLC (HHL) placed on record a resilient performance by delivering another strong quarter. Home and Personal Care (HPC) and Learning segment represented by Atlas along with Healthcare were the significant contributors to the robust performance.
HHL recorded a Group revenue of Rs.16.6 billion for the quarter ended March 31, 2021, an increase of 18.3 per cent over corresponding period last year. Group operating profit for the quarter under review at Rs.1.3 billion is a growth of 58.8 per cent over Rs.829.7 million recorded last year whilst the Group earnings of Rs.859.8 million is an increase of 79.2 per cent over last year. ....

North Western , Sri Lanka , Western Province , Kasturic Wilson , Distribution Centre , Hemas Holdings , Hemas Outreach Foundation , Nature Protection Society , Serendib Hotels , Financial Year , Full Year , Personal Care , Consumer Brands , Learning Segment , Lacto Hydra Intense Cream , Pharmaceutical Distribution , Kaya Intermediary , Twenty Foot Equivalent Units , Maritime Business , Container Depot , Rainforest Protectors Sri Lanka , Eka Se Salakamu , Down Syndrome , Early Childhood Care , Lady Ridgeway Hospital , வடக்கு மேற்கு ,

HVS Asia Pacific Hospitality Newsletter - Week Ending 8 January 2021

Brown Investments Acquires 55.65% Controlling Stake of Serendib Hotels, The Big Banana Set to Embark on AUD50 million Masterplan Over 20 Years in Australia, Tripartite Partnership to Launch Stimulus Recovery Plan Campaign in Malaysia, New MYR425 Million Ipoh Convention Centre to Boost Business Tourism. ....

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