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Friday, 2 November 2012

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Govt targets Rs 1,000 bn tax revenue in 2012

The government will target a tax revenue of Rs 1,000 billion for 2012, from different tax sources, said Deputy Treasury Secretary P.A Abeysekera. He expresses this sentiment yesterday at a ceremony organized by the Inland Revenue Department (IRD) to open a ‘one stop shop’ for tax facilitation at the IRB Head Office.

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Dialog consolidates performance with strong 3rd quarter

Dialog Axiata PLC Group recorded strong revenue growth across mobile, international, digital pay television, tele-infrastructure and fixed line businesses to record a consolidated revenue of Rs 41.5 billion for the nine months ending September 30, 2012,

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Piramal Glass Ceylon records Rs. 414 million Profit After Tax

Piramal Glass Ceylon PLC (PGC) has announced its 1st half year results for the Financial Year 2012-13 with an 8 % growth in turnover from Rs. 2,385 million in FY12 to Rs. 2,592 in FY13 & a marginal growth of 9 % in PAT from Rs. 384 million to Rs. 414 million.

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Nestlé Lanka revenue grows by 10.2 %

Nestlé Lanka PLC, posted total revenue of Rs 21.6 billion with a growth of 10.2 % for the nine months ended September 30, 2012 amid a challenging market environment. The performance of the third quarter of 2012 marks a 4.1% (YoY) revenue growth for the local subsidiary of the world’s leading food and beverage company.

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Deputy Treasury Secretary P.A Abeysekera and Director General of Inland Revenue, Mallika Samarasekera ceremonially opening the ‘one stop shop’ for tax facilitation at the Inland Revenue Head Office in Colombo 2. Picture by Wasitha Patabandige



 
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