ACS Capital - Market Updates
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

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