Category: Sri Lanka
Profitability and Financial outlook of Overseas Realty PLC as of 31st March 2024
As of 31st March 2024, the latest financial data for Overseas Realty PLC indicates the following: The financial outlook for Overseas Realty PLC as of 31st March 2024 shows a mixed performance with a decrease in profitability but improvements in liquidity and a reduction in debt relative to equity. The decrease in PAT and EPS…
Compare Corporate Performance between Companies
JKH Vs Melstacorp When comparing the future prospects of John Keells Holdings PLC (JKH) with Melstacorp PLC, it’s important to consider their respective business segments, market positions, and strategies for growth. Both companies are diversified conglomerates with different focuses, which can impact their future performance. John Keells Holdings PLC (JKH): Melstacorp PLC: This Analysis was…
Ceylon Grain Elevators PLC: Financial Performance and Future Outlook
Ceylon Grain Elevators PLC’s latest financial performance for the year ending 31 December 2023, as reported in their annual report, shows a significant improvement in profitability and financial strength. Here are the key highlights and future outlook based on the provided data: Financial Performance and Profitability: Key Ratios: Future Outlook: The company has demonstrated remarkable…
Capital Alliance PLC (CALT) declares a phenomenal Interim dividend of LKR 15/= per share
As of the latest available information, Capital Alliance PLC (CALT) has demonstrated a strong financial performance during the FY 2023/24 and announced a phenomenal interim dividend of LR 15 per share, whilst all key indicators reflecting a solid financial position and future growth prospects. Here are the details based on the provided context: Dividend: Dividend…
Ceylon Tobacco Company PLC: Latest Financial Performance and future outlook
Ceylon Tobacco Company PLC’s latest financial performance for the year ended 31 December 2023, as reported in their annual report, indicates the following: Financial Performance and Profitability: Key Ratios: Future Outlook:The company’s future developments are discussed in the reviews by the Chairman, the Managing Director & CEO, and the Finance Director. The Sri Lankan economy…
Sri Lanka Telecom: Latest Financial Performance and Future Outlook
The financial performance of Sri Lanka Telecom PLC for the year ending 31 December 2023, as detailed in their annual report, indicates a challenging economic environment. The company faced a contraction in the Sri Lankan economy, rising costs, and fluctuations in exchange and interest rates, which created a complex business environment. Key financial highlights from…
eChanneling PLC: Financial Performance and Future Outlook
The latest financial performance of eChannelling PLC, as per the provided context from the Annual Report for December 2023, indicates the following key figures: The company faced economic headwinds and market volatility, which led to increased operating costs and impacted profitability. Despite these challenges, eChannelling PLC managed to increase its revenue and maintain a strong…
Sri Lanka : Early Warning Signals of possible economic downturn
Colombo Stock Market reported sharp decline on April 16, 2024 signalling Early Warning Signal (EWS) of a possible economic downturn due to following factors reported by Sri Lanka Press. Sri Lanka fails to reach deal on restructure terms with bondholders Sri Lanka has failed to strike an agreement on restructuring about $12 billion of debt…
Sri Lanka Tourism: Future Prospects and Challenges
The future outlook for Sri Lanka’s tourism sector is cautiously optimistic, with growth scenarios indicating potential increases in international tourist arrivals. The “Tourism Growth Scenario 2024”, a time series analysis conducted by the Tourism Development Authority of Sri Lanka in February 2024 outlines two primary scenarios for 2024: These figures are based on a time…
Sampath Bank PLC: Robust Financial Performance in FY 2023
Sampath Bank PLC demonstrated a robust financial performance for the fiscal year 2023, as indicated in the annual report. The bank’s total operating income reached Rs 91.0 billion, primarily consisting of net interest income of Rs 72.3 billion and net fee and commission income of Rs 18.9 billion. A significant achievement for the bank was…
Sri Lanka: Palm Oil Industry Outlook
The outlook for the palm oil plantation industry in Sri Lanka is complex and subject to various economic, environmental, and policy factors. Here are some key points to consider based on the provided context: Given the dynamic nature of the industry and the evolving policy landscape, stakeholders in the palm oil industry in Sri Lanka…
Rights Issue of shares
A Rights Issue is a method by which a company raises additional capital by offering existing shareholders the opportunity to purchase additional shares directly from the company in proportion to their existing holdings within a fixed time period. The procedure for a Rights Issue, as outlined in the context provided, involves several key steps: This…
Sub division of shares
Sub-division of shares, also known as a stock split, is a process by which a company increases the number of its outstanding shares by dividing each share into multiple shares, without changing the company’s stated capital. This means that while the number of shares increases, the total value of the shares held by each shareholder…
TAL lanka Hotel PLC: Latest Financial position and profitability
latest financial position and profitability of TAL Lanka Hotels PLC (formerly known as Taj Lanka Hotels PLC) can be summarized from the interim financial statements for the year ended 31st March 2024: These figures indicate that TAL Lanka Hotels PLC has experienced a substantial increase in revenue and has turned around its profitability from a…
Get Research Papers of any listed Company in Sri Lanka for free
Now you can get research papers based on financial performance of any listed company in Sri Lanka instantly through LankaBIZ AI Simply type the prompt: “Research Report on the Financial Performance and future outlook of COMPANY NAME” on LankaBIZ AI Chat interface and get your research paper instantly. You can also ask questions about future…
Top AI Tools in Sri Lanka
Find below the Top GPT’s and AI Tools for Sri Lanka listed on the basis of skill and knowledge. Top GPT’s | ChatGPT Apps General Chat Reviews ChatGPT ChatGPT is an AI-powered language model developed by OpenAI. It has been trained on a massive amount of text data from the internet and can generate human-like…
Access Engineering PLC current financial status and future outlook
Access Engineering PLC (AEL.N0000) has shown an improvement in revenue and profitability in the period ended 31st December 2023 compared to the previous year. The company has also managed to reduce its debt to equity ratio significantly, indicating a stronger balance sheet. The interest cover ratio has improved, suggesting better earnings relative to interest expenses.…
Latest financial status and future outlook of Arpico Insurance PLC
Arpico Insurance PLC has Reported as loss of LKR 625mn for the FY2023 (Unaudited). This Loss of LKR 9/= per share has eroded the shareholders equity by massive 23% to LKR 1,470mn. Poor performance mainly attributable to high Actuarial Provisions and Inefficient Management of Insurance Funds. Latest Financial Status as of December 2023: Latest Accounts…
Comparative Analysis of the Insurance Companies
Comparative analysis and valuation of the key insurance companies listed on the Colombo Stock Exchange based on the latest corporate results released or estimated as of 31st Dec 2023. This analysis and information is compiled by LankaBIZ (GPT) – Sri Lanka’s First ever AI Assistant for Stock Market and Research. Click below link to ask…
First Capital Holdings PLC. Current Financial performance and future outlook
First Capital Holdings PLC has demonstrated a strong financial performance in the nine months ending 31 December 2023. Here are the key points regarding their current financial performance and future outlook based on the provided context: Current Financial Performance: This analysis and information is provided by LankaBIZ (GPT) – Sri Lanka’s First ever AI assistance…
What are the central bank regulations relating to finance companies?
The Central Bank has established several regulations relating to finance companies, as outlined in the provided context. Here are the key points: These regulations and legislative amendments are part of the Central Bank’s efforts to ensure the stability and resilience of the financial sector, protect consumers, and align with international standards.
LankaBizz: Sri Lanka’s First ever Artificially Intelligent (AI) Business and Research Assistant
LankaBIZ is designed to offer accurate answers to queries on Sri Lankan economy, regulations, stock market and research. Analysis & ResearchLatest analysis and research of key business sectors and industries in Sri Lanka. Economic OutlookLatest reports, indicators and surveys relating to economic performance of Sri Lanka. Business RegulationsLatest laws and regulations applicable to operating a…
Suspension of Parate Execution: Impact to Banking Sector
– Increase in Non Performing Loans– Decrease in Banks Profitability– Lower lending due to high credit risk– Banks to face Liquidity/stability Issues– Loss of Investor Confidence Sri Lanka’s banking sector is on the edge after being forced to follow the government’s decision to suspend parate execution rights. This move, seen as caving to pressure from…
Colombo Stock Market ready for another Downtrend?
Colombo Stock Market ready for another down trend ahead of 31st March 2024 quarterly results which is expected to be adversely affected by the escalation of Value Added Tax (VAT) Rate to 18% with effect from 1st January 2024. In an attempt to raise government revenue, the VAT rate on applicable goods and services increased…
