Company Overview and News

Aitken Spence bags Best Corporate Citizen Sustainability Award 2017

2017-11-29 lankabusinessonline
Nov 29, 2017 (LBO) – Aitken Spence won the coveted ‘Best Corporate Citizen Sustainability Award 2017’ an annual event organized by the Ceylon Chamber of Commerce, the country’s premier business chamber to recognize sustainable champions of the local corporate world.

Sri Lanka’s Aitken Spence second quarter profits up by 15-pct

2017-11-07 lankabusinessonline
Aitken Spence PLC posted Rs. 1.12 bn as profits before tax in the three months ended 30th September, an increase of 15.4% year-on-year. Profits attributable to equity holders of the company increased by 8% to Rs. 584 mn while revenue rose by 24.5% to Rs. 12.26 bn, in the quarter from last year.

Aitken Spence records 42-pct profit growth in first quarter

2017-08-10 lankabusinessonline
Blue chip conglomerate Aitken Spence PLC reported a pre-tax profit of Rs 678 mn for the first quarter, while the Group’s profit attributable to shareholders of the parent grew by 42 per cent to Rs. 355 mn, over the previous year.

Sri Lanka to kick off solid waste plants with USD193 mln investment

2017-08-10 lankabusinessonline
Aug 10, 2017 (LBO) – Sri Lanka will see two solid waste-to-energy power plants starting construction as two public-private partnership (PPP) projects in Muthurajawela.

Parakrama Dissanayake assumes duties as SLPA Chairman

Dr. Dissanayake assumes duties as SLPA Chairman. SLPA Vice Chairman P.G. Dasanayake, Managing Director H.D.A.S. Premachandra, Executive Director H.A. Wimalasooriya and Director (Logistics) Upali De Zoysa are also present

Sri Lanka’s Aitken Spence net up 36-pct in 3Q

2017-02-13 lankabusinessonline
Aitken Spence PLC recorded a strong financial performance closing the immediate 9-month period with a 9.9% year-on-year growth in profits before tax amounting to Rs. 2.9 billion, and a 17% growth in profit attributable to shareholders. The growth is attributed to strong financial performances posted by a number of key operational sectors in the reporting period.

Aitken Spence Hotels Turyaa Chennai amongst Top Five-Star Hotels in the City

2017-01-25 lankabusinessonline
(PRESS RELEASE) – Turyaa Chennai, owned and operated by Aitken Spence Hotels has successfully met criteria for obtaining “5-Star Deluxe” classification, ranking it as one of five hotels in Chennai to have obtained this highly sought after accreditation.

Comm Bank, Dunamis Capital and Aitken Spence win at CSE Masterminds 2016

2016-12-01 lankabusinessonline
(PRESS RELEASE) – Commercial Bank of Ceylon PLC won the inaugural capital market quiz organized by the Colombo Stock Exchange (CSE) recently. Dunamis Capital PLC and Aitken Spence PLC emerged as the First and Second Runners-Up of the competition, which was held at the CSE Trading Floor.

Hayleys wins ‘Best Corporate Citizen Sustainability Award 2016’

Hayleys PLC Chairman/CEO Mohan Pandithage receiving the award from Central Bank Governor Dr. Indrajit Coomaraswamy Pic by Damith Wickramasinghe

Sri Lanka’s Aitken Spence second quarter profits up 50-pct

2016-11-07 lankabusinessonline
Nov 07, 2016 (LBO) – Aitken Spence PLC posted 540 million rupees as profits attributable to equity holders of the company in the second quarter, an increase of 50 percent year-on-year.

Sri Lanka’s Aitken Spence second quarter profits up by 50-pct

2016-11-04 lankabusinessonline
Aitken Spence PLC posted Rs. 540 mn as profits attributable to equity holders of the company in the second quarter, an increase of 50% year-on-year. Pre-tax profits rose by 26% to Rs. 973 mn while revenue rose by 70% to Rs. 9.8 bn, in the second quarter from last year. Earnings per share for the quarter was Rs. 1.33, an increase of 50% over the corresponding period.

Krishan Balendra, Gihan Cooray appointed to John Keells Board

Krishan Balendra and Gihan Cooray have been appointed to the main Board of Directors of John Keells Holdings PLC.

Aitken Spence Travels Brings in Russian Charter to Sri Lanka in collaboration with Coral Travel and Royal Flight

2016-11-02 lankabusinessonline
(PRESS RELEASE) – Aitken Spence Travels, the premier destination management company in Sri Lanka in collaboration with Coral Travel & their airline charter arm, Royal Flight in facilitating their first charter flight from Russia to Sri Lanka for winter 2016/17. The charter arrived this morning, 1st of November 2016 to the Bandaranaike International Airport.

ITVA focus to enhance tourism knowhow amongst industry aspirants

People form the backbone of any company or organization, no matter how simple or multifaceted any business entity might sound. Human Resource Management is undoubtedly an all-important entity towards the betterment of any country’s economy. Without its people, no business or enterprise would ever function successfully. With today’s tech infused day and age, there is potential for robots to take over labour to some extent, but one thing is clear, for success to ensue, a human touch is undoubtedly indispensable.

Sri Lanka’s tallest residential project to have fastest elevators

2016-10-28 lankabusinessonline
Oct 28, 2016 (LBO) – Sri Lanka’s tallest residential building, the Altair project, will have country’s fastest elevators, Aitken Spence said in a statement.

Related Articles

ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...

AGEN: Agenus Inc Analysis and Research Report

2018-05-21 - Asif

Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...

SQ: Square Analysis and Research Report

2018-05-21 - Asif

Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...