The rating outlook of Aitken Spence PLC has been revised from “Stable” to “Negative”.
Fitch Ratings says the “Negative Outlook” reflects its concern over the probability of a sizable reduction in the scale of ASP’s existing power sector operations and the expectation of the more volatile hotel sector dividend.
Fitch cites, the dividends from the hotel sector [...]
June 1, 2011 3:55 PM | Posted in
Business & Finance |
Read More »
The Board of Investment today announced that the Katunayake Export Processing Zone will reopen tomorrow and resume normal activities.
Hence the Institution is requesting all employees attached to the Zone to report to work as usual.
“All steps have been taken to ensure a safe and secure environment for all Zone operations with the resumption of work” [...]
June 1, 2011 1:42 PM | Posted in
Other |
Read More »
CIC Holdings PLC – CIC
• Revenue for FY2011 up 26.7% YoY to LKR 21,045mn
• Gross Profit margin 22.8%
• EBIT Margin 9%
• Reported Net Profit for FY2011 up by 56.6% to LKR 1,167mn
• Reported EPS – LKR 9.80 (+57% YoY)
• NAV per share- LKR 70.88
• Voting Share LKR 160.40
• PER – 16.37x
• PBV – [...]
By: Mihindu Rajaratne
University students in Sri Lanka have become synonymous with anxiety, distress, disruptive and directionless since the political mallets have taken over the administration of such an important process. University students in Sri Lanka (USSL) therefore, have naturally become the victims and mallets of political parties and politicians for many years. There are many [...]
June 1, 2011 9:26 AM | Posted in
Education,
Executive Focus |
Read More »
Art Television, one of the leading English Channels in the country won the award of excellence in Electronic Media (TV Category) at the Tourism Awards 2010, for its effort taken to promote Sri Lanka in the global stage.
The Channel won this award for producing a series of news and feature stories on Sri Lanka which [...]
June 1, 2011 8:47 AM | Posted in
Tourism |
Read More »
