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DateLine Wednesday, 8 August 2007

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News: HRW report based on unsubstantiated, outdated information ...           Political: Plot to topple Govt. exposed ...          Business: CSE embarks on listing drive ...           Sports: Malith and Ranga ....

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Former CSE Chairman Eraj Wijesinghe being awarded a token of appreciation by CSE Chairman Nihal Fonseka.
Picture by Sumanachandra Ariyawansa

Business

CSE embarks on listing drive

The Colombo Stock Exchange (CSE) is currently dominated and largely driven by a small number of local investors. It needs to strike a balance between the large local and foreign investors to be listed in the market, CEO Surekha Sellahewa said.

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KVPL records Rs 132 million profits in first half

Kelani Valley Pla- ntations PLC (KVPL), the Hayleys Group’s plantation company, has reported a turnover of Rs 1.2 billion for the six months ending June 30, 2007, achieving a marginal improvement over the corresponding half of 2006 despite a significant loss of tea crop particularly in the first quarter of the year.

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Aitken Spence sustains profitability in first quarter

SRI LANKA’S leading diversified blue chip conglomerate Aitken Spence released its first quarter financial results to the Colombo Stock Exchange on Tuesday, revealing an increase of 11. 6% in profit before tax compared with the corresponding period last year.

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