John Keells Stock Brokers
John Keells Stock Brokers
May 30, 2025 at 04:17 AM
*JKSB Opening Bell – News Snippets* 🔔 *30.05.2025* *US court ruling could extend tariff pause for Sri Lanka* “Sri Lanka may be part of a broader deal the US will have with other small trading partners on tariffs, while the 90-day pause by the Trump Administration may be extended with the court ruling, an analyst said.” https://www.themorning.lk/articles/Hftv70bZEZsz465QsG5g *Sri Lanka sells 2028 bonds at 8.85-pct, 2034 bonds 10.46-pct* “Sri Lanka has sold 200 billion rupees in 2028, 2029 and 2034 bonds, data from the state debt office showed.” https://economynext.com/sri-lanka-sells-2028-bonds-at-8-85-pct-2034-bonds-10-46-pct-223226/ *Sri Lanka coconut prices slide 2-pct as weekly auction resumes* “Sri Lanka average coconut prices slid 2.1 percent on Wednesday after the weekly auction was postponed on May 22, an industry official said.” https://economynext.com/sri-lanka-coconut-prices-slide-2-pct-as-weekly-auction-resumes-223241/ *People’s Bank achieves consolidated pre-tax profit of Rs. 17.7 b in 1Q* “People’s Bank yesterday announced its results for the period ended 31 March 2025, reporting a total consolidated operating income of Rs. 45.1 billion and post-tax profit of Rs. 11 billion, reflecting a growth of 120.8% and 347.2%, respectively.” https://www.ft.lk/front-page/People-s-Bank-achieves-consolidated-pre-tax-profit-of-Rs-17-7-b-in-1Q/44-777066 *Cargills reports strong FY25 performance; 22.5% increase in Profit After Tax* “Cargills (Ceylon) PLC, one of Sri Lanka’s leading consumer companies, yesterday reported a strong financial performance for the financial year ending 31 March 2025, supported by volume-led growth across its key business segments—Retail, FMCG, and Restaurants.” https://www.ft.lk/front-page/Cargills-reports-strong-FY25-performance--22-5--increase-in-Profit-After-Tax/44-777064 *NSB achieves robust growth in 1Q* “The National Savings Bank (NSB) has begun the financial year 2025 on a resounding note, showcasing impressive profitability and operational resilience for the quarter ended 31 March 2025.” https://www.ft.lk/front-page/NSB-achieves-robust-growth-in-1Q/44-777036

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