
ACS Capital - Market Updates
May 27, 2025 at 01:48 AM
*ACS Capital Research*
*News Alert 27.05.2025*
*Exports top $ 5.5 b mark in first four months*
Sri Lanka’s export sector has demonstrated remarkable resilience and steady progress during the first four months of 2025, with total exports reaching $ 5.583 billion, marking a robust 6.9% increase compared to the same period in 2024.
Source:https://www.ft.lk/top-story/Exports-top-5-5-b-mark-in-first-four-months/26-776940
*SL’s PDMO TARGETS: 71% debt-to-GDP by 2029*
Sri Lanka’s newly established Public Debt Management Office (PDMO) officials claim that their analysis reveals that the debt-to-GDP ratio could be brought down to 71% by 2029.
Source:https://www.themorning.lk/articles/MZM6th4ULcQRgugYIr9P
*UK Trade Envoy on inaugural visit to Sri Lanka*
The UK Prime Minister’s Trade Envoy for Sri Lanka, Lord Hannett of Everton, is visiting Colombo from 25 to 28 May.
Source:https://www.ft.lk/front-page/UK-Trade-Envoy-on-inaugural-visit-to-Sri-Lanka/44-776939
*Alibaba to guide local SMEs to expand into overseas markets*
The Ceylon Chamber of Commerce will host a special session on 29 May featuring a high-level executive from Alibaba.com, aimed at helping Sri Lankan small and medium enterprises (SMEs) expand their global footprint and tap into new overseas markets.
Source:https://www.themorning.lk/articles/HnPVz1QcuSYQ81KJjdDb
*LOLC Finance delivers highest PAT of Rs. 25 b*
LOLC Finance PLC said yesterday it has set a new benchmark in the Non-Bank Financial Institution (NBFI) sector by reporting an outstanding Profit After Tax (PAT) of Rs. 25 billion for the financial year ending 31 March 2025.
Source:https://www.ft.lk/front-page/LOLC-Finance-delivers-highest-PAT-of-Rs-25-b/44-776936
*JAT Holdings records 74% increase in bottomline for FY25*
JAT Holdings PLC, a leading conglomerate in Sri Lanka’s manufacturing and coatings industry, yesterday announced its financial results for the fiscal year ending 31 March 2025, underscoring its long-standing stability and strategic foresight despite challenging external conditions.
Source:https://www.ft.lk/business/JAT-Holdings-records-74-increase-in-bottomline-for-FY25/34-776925