Business News

Aitken Spence Profit Jumps 71% to Rs. 2.8 Billion as Logistics Offsets Tourism Loss

Business News Staff Writer -
PBT: Rs. 2.8 billion, up 71.4% year-on-year EBITDA: Rs. 10.1 billion, up 20.6% Revenue: Rs. 41.7 billion PAT: Rs. 1.4 billion, up 229% Maritime & Freight Logistics PBT of...

Haycarb PLC Records Rs. 40.6 Billion Revenue in 1H, Profit Before Tax Surges 75% to Rs. 4 Billion

Business News Staff Writer -
Haycarb PLC | Financial Performance – Six Months Ended 30 September 2026 Financial Performance Haycarb PLC, a member of the Hayleys Group, reported a strong financial...
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JKH to Open Sri Lanka’s First Wendy’s Outlet by End of November

Business News Staff Writer -
Launch Timeline John Keells Holdings (JKH) plans to open Sri Lanka's first Wendy's restaurant by the end of November. This is...

Sri Lanka Cabinet Approves Rs. 9 Billion in Road Contracts

Business News Staff Writer -
Sri Lanka's Cabinet of Ministers has approved three road development contracts and one post-Ditwah road repair contract, worth a...

Citrus Leisure PLC Secures Six-Month Extension at Colombo Lotus Tower

Business News Staff Writer -
Citrus Leisure PLC announced yesterday that it has secured a six-month extension to its management agreement at the Colombo...

Fitch Upgrades Commercial Bank to ‘AA(lka)’

Business News Staff Writer -
Headline Result Fitch Ratings upgraded Commercial Bank of Ceylon PLC's National Long-Term Rating to 'AA(lka)' from 'AA-(lka)', effective October 30,...

CIC Holdings Posts 16.7% Profit Growth in H1 FY2026/27

Business News Staff Writer -
Headline Result CIC Holdings PLC (CSE: CIC), a diversified conglomerate, reported consolidated revenue of Rs. 42.91 billion for H1 FY27 Top-line...

WealthTrust Securities Returns to Profitability in Q2 FY2026/27

Business News Staff Writer -
Headline Result WealthTrust Securities PLC, a licensed primary dealer in Sri Lanka, returned to profit in Q2 of FY2026/27 Profit after...
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