Nations Trust Bank PLC Archives

Janashakthi Group Appoints Dilshan Wirasekara as Deputy CEO 15th August 2024, Colombo: Janashakthi Group is pleased to announce the appointment of Dilshan Wirasekara as Deputy CEO. With over 28 years of extensive experience in financial services and capital markets, Dilshan brings his proven mastery to this new role, enhancing the Group’s leadership team. Janashakthi Group’s recent strategic initiatives have significantly enhanced its financial performance and capital position, propelling sustained growth and solidifying its market leadership. With a clear vision for regional expansion, the Group is poised to leverage its strong foundation, stability, and experienced leadership to achieve international success as a dynamic financial conglomerate. Dilshan, as Group Deputy CEO, aims to support this ambitious endeavour. In addition to his new position, Dilshan will continue to serve as the Managing Director and CEO of First Capital Holdings PLC, a key member of the Janashakthi Group. Since joining First Capital in 2013, ...

JKH sees resilience return with impressive 2Q performance Source:FT Group EBITDA up 93% to Rs. 6.4 b Pre-tax profit up 346% to Rs. 2.83 b Group’s all businesses, except for Consumer Foods and the Supermarkets, record strong growth in profitability Bottom line improves to Rs. 2.86 b from Rs. 680 m a year ago Returns to 1H profit from a loss in FY21 2Q Group revenue up 53% to Rs. 49 b 1H Group EBITDA rises four fold to Rs.11 b 1H PBT doubles to Rs. 4.14 b Declares first interim dividend of 50 cents per share John Keells Holdings Plc (JKH) yesterday announced impressive financial results, signalling its resilience has rebounded despite the prevalent COVID pandemic-related restrictions and resultant impact in the second quarter. JKH Group earnings before interest expense, tax, depreciation and amortisation (EBITDA) rose by 93% to Rs. 6.41 billion from a year earlier; 2Q Group revenue was up ...