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THursday, 16 May 2013

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SLT Group records Rs 2.03 bn PBT for 1Q-13

Sri Lanka Telecom PLC (SLT) released financial performance of its Group and Company for the first quarter 2013. The group has recorded a Rs.14.45 bn revenue, with 5% year on year growth during the quarter. Strategic initiatives engaged particularly in the mobile sector together with the expansion of broadband and data services through i-Sri Lanka program have complemented the growth of group revenue.

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Economic Development Ministry launches ‘Matching Grant Scheme

As Sri Lanka embarks on a journey to become the “Wonder of Asia”, Ministry of Economic Development has introduced a Matching Grant Scheme under the “Mahinda Chintana Vision for the Future” to support the tourism related SMEs and strengthen the local economy through sustainable tourism development.

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Dipped Products Group crosses Rs 2 bn PBT in 2012/2013

Dipped Products PLC, the Hayleys Group subsidiary that accounts for 5% of the global non-medical rubber glove market, posted strong financial performance for 2012/2013. In a filing to the Colombo Stock Exchange, Dipped Products reported a growth in turnover of 20% equating to Rs. 23.7 bn and a profit before tax of Rs. 2.2 bn in the 12 months ending March 31, 2013.

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Vice-President, Global Alliance and Channels, Infor, Jeff Abbot



 
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