Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Consumer goods & agri sectors boost Sunshine group profits by 23-pct

2018-02-09 lankabusinessonline
9MFY18 Highlights • Consolidated revenue of Rs.15.6 billion, an increase of 12.4% YoY • PAT amounted to Rs. 1.6 billion, up 23.0% YoY, due to strong Agri and Consumer Goods sector results • Healthcare revenue up 3.3% YoY to Rs. 6.0 billion • Strong growth in Consumer Goods, revenue up 27.4% YoY to Rs 3.8 billion • Agri revenue grew 13.3% YoY to Rs 5.4 billion • EPS grew 63.8% YoY to Rs 5.29

Sunshine Holdings invests Rs9mn to partner with investment firm

2018-01-25 lankabusinessonline
Jan 25, 2018 (LBO) – Sunshine Holdings has invested 9 million rupees to partner with Strategic Business Innovator (Pvt) Ltd, an investment firm to be set up in Sri Lanka.

Fitch downgrades Sunshine Holdings to A-(lka), outlook stable

2018-01-05 lankabusinessonline
Jan 05, 2018 (LBO) – Fitch Ratings has downgraded Sri Lanka-based Sunshine Holdings PLC’s National Long-Term Rating to ‘A-(lka)’ from ‘A(lka)’. The Outlook is Stable. (4-0)

Tata Global Beverages sells stake in JV for Rs 120 cr

2017-12-28 moneycontrol
Tata Global Beverages (TGBL) has sold its stake in joint venture firm Estate Management Services Private Limited (EMSPL) for a consideration of Rs 120 crore. (4-0)

Tata Global Beverages sells stake in JV for ₹120 cr

2017-12-28 thehindubusinessline
Tata Global Beverages (TGBL) has sold its stake in joint venture firm Estate Management Services Private Limited (EMSPL) for a consideration of ₹120 crore. (4-0)

Tata Global Beverages sells stake in joint venture for Rs120 crore

2017-12-28 livemint
New Delhi: Tata Global Beverages (TGBL) has sold its stake in joint venture firm Estate Management Services Private Limited (EMSPL) for a consideration of Rs120 crore. (4-0)

Sri Lanka’s Sunshine Holdings appoints new member to Board of Directors

2017-12-21 lankabusinessonline
Dec 21, 2017 (LBO) -The Board of Directors of Sunshine Holdings PLCd appointed Sanjeev Shishoo, formerly the corporate Vice President of global healthcare giant, Novo Nordisk’s Global Service Centre (GSC) in Bangalore, as a Director of the Company.

US investor community hears strong case for Sri Lanka in New York

2017-10-18 lankabusinessonline
The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with CSE Member Firms, Listed Companies and supported by Asia Securities (Event Sponsor) and the Oxford Business Group (Exclusive Publication Partner) drew a strong interest among the investor community in New York. A Sri Lankan delegation including senior representatives of the CSE, SEC, Stock Broker Firms and Listed Companies attended the Forum to make a collective case on the Sri Lankan capital market as an investment destination.

CSE and SEC to host next Invest Sri Lanka Forum in New York

2017-09-13 lankabusinessonline
(PRESS RELEASE) – The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC)in association with CSE Member Firms and leading Listed Companies will be held on16th October 2017 at the SofitelNew York. The Forum is organized with the objective of promoting investment in the Sri Lankan capital market among US based institutional investors and a strong interest among the investor community in the US is expected.

CSE and SEC to host next Invest Sri Lanka Forum in New York

2017-09-13 lankabusinessonline
The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with CSE Member Firms and leading Listed Companies will be held on 16th October 2017 at the Sofitel New York. The Forum is organized with the objective of promoting investment in the Sri Lankan capital market among US based institutional investors and a strong interest among the investor community in the US is expected.

Sunshine group profits up by 32.5-pct to Rs540 mln in 1Q

2017-08-08 lankabusinessonline
(PRESS RELEASE) – Sri Lankan conglomerate Sunshine Holdings reported impressive growth in top and bottom line performances during the first quarter of the current financial year (1QFY18).

Fitch downgrades Lion Brewery to A+(lka); outlook negative

2017-07-31 lankabusinessonline
Fitch Ratings has downgraded Sri Lanka’s Lion Brewery (Ceylon) PLC’s National Long-Term Rating to ‘A+(lka)’ from ‘AA-(lka)’. The Outlook is Negative. The agency has also downgraded the National Long-Term Rating on Lion’s outstanding senior unsecured debentures to ‘A+(lka)’ from ‘AA-(lka)’.

National Challenges to be discussed at Sri Lanka Economic Summit

2017-07-24 lankabusinessonline
July 24, 2017 (LBO) – Sri Lankan Government ministers, opposition parliamentarians and advisers will discuss current national challenges faced by the country and possible solutions for those issues at the eighth and the last session of the Sri Lanka Economic Summit 2017.

Sri Lanka Eco Summit to discuss execution of reforms and building sound institutions to seek growth

2017-07-12 lankabusinessonline
(PRESS RELEASE) – Sri Lanka’s urgent need to execute critical reforms and build sound institutions to propel the nation’s economic growth will come under discussion at the upcoming Sri Lanka Economic Summit 2017.

India’s top economic adviser to speak at SL Economic Summit

2017-07-06 lankabusinessonline
Dr. Arvind Subramanian, the Chief Economic Adviser of the Government of India, will attend as the keynote speaker of the Sri Lanka Economic Summit 2017 inaugural session.