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Tuesday, 31 May 2011

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Aitken posts Rs 2.5 b profit

Declares Rs 1 dividend per share:

Aitken Spence PLC’s net profit attributable to shareholders rose by 23 percent to Rs 2.5 billion, from Rs 2.1 billion last year, revealed the leading diversified conglomerates results for the financial year ended March 31, 2011 released to the Colombo Stock Exchange yesterday.

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Export earnings surpass US $ 1,000 m

Record achievement, all time high in March :

Earnings from exports and expenditure on imports have grown significantly on a year-on-year basis in March 2011, the Central Bank said yesterday. Earnings from exports in March 2011 increased by 59.5 per cent, year-on-year, to US dollars 1,057 million reflecting increases in all major categories of exports.

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JKH posts Rs 10.63 b PBT for 2011

The Group’s profit before tax (PBT) was Rs 10.63 billion, a 63 percent increase over the PBT of 2009 and 10 and the profit attributable to equity holders at Rs 8.25 billion was an increase of 59 per cent over the previous year. It is encouraging to note that our investment strategies in the past few years are contributing towards our endeavours to better balance our portfolio of businesses.

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Maalu Maalu Resort & Spa opens: Economic Development Minister Basil Rajapaksa opened the Maalu Maalu Resort & Spa at Passikudah yesterday. The Maalu Maalu Resort & Spa is the first hotel project completed in the East under the Nagenahira Novodaya Programme. The investment for the Maalu Maalu Resort & Spa is US$ 3.5 million. Maalu Maalu Resort & Spa has been designed inspiring Sri Lankan authentic traditional and eco friendly architectural style. Ministers Gamini Lokuge, Lakshman Yapa Abeywardane, Chief Minister Sivanesathurai Chandrakanthan, Sri Lanka Tourism Development Authority Chairman Dr. Nalaka Godahewa and veteran hotelier Chandra Wickramasinghe were present. Picture by Chaminda Hittatiya
 



 
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