Sampath Bank records Rs. 1b profit in 2006
Sampath Bank has recorded an impressive growth in
2006. Pre-tax profits of the Bank grew by 75 per cent over 2005 to
Rs 2.268 million, despite a 160 per cent increase in corporate tax
and a 98 per cent increase in VAT.
Full Story
SLT to introduce CDMA Broadband
The local telecommunication industry and Sri
Lanka Telecom plan to introduce CDMA Broadband technology to Sri
Lanka soon. Most of the service providers in the local
telecommunication industry are in the process of introducing this
technology to the market. However the equipment needs higher
investments for introducing this technology, he said.
Full Story
Commercial Bank posts exceptional first half results
CONTINUED MOME- NTUM of its fund-based
operations have generated strong growth for the Commercial Bank
Group enabling it to post exceptional pre and post tax profits for
the first half of 2007.
Full Story
|