John Keells Stock Brokers
February 13, 2025 at 03:46 AM
*JKSB Opening Bell – News Snippets* 🔔
*13.02.2025*
*State revenue soars 22.7% to Rs. 4.14 t in 2024*
“Cabinet Spokesman and Minister Dr. Nalinda Jayatissa yesterday announced that the country’s total State revenue increased to Rs. 4.14 trillion in 2024, registering a 22.7% increase compared to a year ago.”
https://www.ft.lk/top-story/State-revenue-soars-22-7--to-Rs--4-14-t-in-2024/26-772919
*Sri Lanka sells Rs157.5bn in Treasuries, yields drop further*
“Sri Lanka sold 157.5 billion rupees of Treasury bills with yields falling across maturities, data from the state debt office showed.”
https://economynext.com/sri-lanka-sells-rs157-5bn-in-treasuries-yields-drop-further-204785/
*Sri Lanka’s Sunshine Holdings net down 15-pct*
“Sri Lanka’s Sunshine Holdings Plc, which has interests in pharmaceuticals, agriculture and consumer goods said profits for the December 2024 quarter fell 15 percent to 1,339 million rupees.”
https://economynext.com/sri-lankas-sunshine-holdings-net-down-15-pct-204690/
*Cargills achieves Rs. 1,626 m PAT, up 47.8% in Q3*
“Cargills (Ceylon) PLC reported a strong bottom-line performance for the last quarter of 2024 (Q3), driven by increased volumes across its key business segments- Retail (supermarkets), Consumer Food (FMCG), and Restaurants.”
https://www.themorning.lk/articles/ZwDlWK91IyMKoNvN61AA
*Aitken Spence records Rs. 4.3 b PBT, with triple digit growth of 124% in Q3*
“Aitken Spence PLC, a leading conglomerate with a diverse regional presence, reported a Profit Before Tax (PBT) of Rs. 4.3 billion, an increase of 124% for the nine months ended 31 December 2024. For the same period, the PBT excluding forex reached Rs. 4.9 billion.”
https://www.ft.lk/front-page/Aitken-Spence-records-Rs-4-3-b-PBT-with-triple-digit-growth-of-124-in-Q3/44-773002