Category: Stock market
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…
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…
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…
Technical outlook of CSE all share index?
The technical outlook for the CSE All-Share index, as of April 10, 2024, 12:20 PM GMT, is as follows: Below Technical 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 questions about any listed company in Sri Lanka.www.lankabizz.net The specific…