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Friday, 27 January 2012

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Richard Pieris in major expansion drive

Richard Pieris and Company is having a good financial year and will end year with a profit in the excess of Rs 32 billion. Retail sector had been one of their best performers. Chairman Arpico, Sena Yaddehige in an interview with the ‘Daily News Business’ said that all sectors performed up to expectations excluding the plantation sector where high wages were still an issue.

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Airtel, Manchester United tie up to delight soccer fans

In a bid to delight and bring in a variety of benefits for soccer loving customers across Sri Lanka, Bharti Airtel, a leading global telecommunication provider with over 242 million subscribers across the world yesterday announced its association with the world powerful sporting brand “Manchester United Football Club.”

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John Keells Holdings profits up

John Keells Holdings PLC Chairman Susantha Ratnayake in his message of the interim report nine month period ended December 31, 2011 stated that the group revenues of Rs 21.14 billion and Rs 54.27 billion in the third quarter and the first nine months of 2011-2012 were 35 percent and 28 percent above the Rs 15.62 billion and Rs 42.50 billion recorded in the corresponding periods of the previous year.

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