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Saturday, 1 June 2013

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Aitken Spence posts profit of Rs 5.5 bn

Blue chip conglomerate Aitken Spence PLC reported a profit from operations of Rs 5.5bn billion, an increase of 14.4% over the previous year’s profit from operations of Rs 4.81 billion excluding the reported capital gains on the sale of the shares of Colombo International Container Terminals Ltd. (CICT).

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Access Engineering records YOY Growth of 37%

Access Engineering recorded an impressive profit attributable to equity holders of Rs. 2,367 million for the financial year ending 31-03-2013, when compared to a profit of Rs. 1,725 million to the equity holders of last year.

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‘Increase of exports a must’

Deputy Minister of Finance and Minister of International Monetary Cooperation, Dr. Sarath Amunugama, stressed the importance of adopting new strategies to increase exports, as the country has a very dismal record of exports. The minister said that the export oriented sectors including apparel, tea, gem and jewellery,

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Entrepreneur of the Year launched : The Entrepreneur of the Year 2013 was launched at the Colombo Hilton and is scheduled to be held during the first half of November. Here, last year’s winner, EPIC Group Chairman Nayana Dehigama (inset), with the award, being conducted in a colourful pageantry. Pictures by Saliya Rupasinghe



 
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