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DateLine Thursday, 1 November 2007

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SLT posts Rs 4.3 b profit in first 3Q

Sri Lanka Telecom (SLT) reported a group after tax net profit of Rs. 4.3 billion during the first three quarters of 2007. This is a 12 per cent increase year-on-year basis.

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Hemas records 12 per cent growth

Hemas Holdings recorded a Turnover of Rs. 3.57 Billion for the quarter ended September 2007 reflecting a year on year growth of 12 per cent. This quarter was a challenging one for your company, which had to face the adverse effects of reduced consumer spending and depressed margins, whilst investing for future growth.

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City hotels decide to charge standard rate

The City hotels have decided to charge a standard amount with effect from January 1 2008. This move was initiated to give the destination more value and to create a level plain field.

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