Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), delivered a strong performance for the financial year ended 31 March 2026, reflecting disciplined execution, continued business expansion and sustained momentum across its core lending and deposit businesses. The Company’s performance was further supported by improving economic activity, strengthening lending demand and continued focus on operational […]
Category: Markets & Economy
Hemas Holdings Marks a Milestone Year: FY26 Delivers the Strongest Earnings for the Group
Hemas Holdings PLC today announced record earnings for both the fourth quarter (Q4) and full financial year FY26, marking a historic milestone for the Group. Group earnings reached Rs. 3.03 Bn in Q4, representing 17.6% year-on-year (YoY) growth, and Rs. 8.92 Bn for the full year, up 10.7% YoY. Revenue for FY26 grew 8.0% to […]
Janashakthi Life powers ahead with 42% GWP growth to LKR 2.6Bn & 70% increase in market capitalization
Janashakthi Life, a leading brand in the insurance industry and a flagship brand of JXG (Janashakthi Group), commenced the financial year 2026 on a strong footing, delivering robust results across key financial and operational indicators for the quarter ended. The Company recorded Gross Written Premiums of LKR 2.6Bn, reflecting a significant 42% growth compared to […]
ACAP unveils strategic business transformation; sets sight on a new frontier of investments into Sri Lanka
ACAP Stockbrokers (Pvt) Ltd. is entering a new phase of its journey under the stewardship of Stallion Consultancy, ushering in a new era of client-focused investment advisory. At a press conference held on Tuesday, the 5th of May, the financial services company unveiled its bold new brand identity, its reorientation towards a more research-focused approach, […]
Central Bank and Australia Partner to boost digital financial literacy for MSMEs with Skills for an Inclusive Economy
The Central Bank of Sri Lanka (CBSL) has signed a Memorandum of Understanding (MoU) with Australia’s Skills for an Inclusive Economy program on a pilot initiative to improve digital financial literacy for micro, small and medium enterprises (MSMEs), a critical driver of Sri Lanka’s economic recovery and inclusive growth. The pilot will test targeted approaches […]
JXG rings opening bell at CSE celebrating successful IPO and market debut
Senior leadership of JXG (Janashakthi Group), ceremonially rang the opening bell of the Colombo Stock Exchange on 29 April 2026, marking the successful conclusion of its Initial Public Offering (IPO) and subsequent listing. Shares of JXG commenced trading on the Main Board of the Colombo Stock Exchange, signifying a significant milestone in the Group’s corporate […]
Sri Lanka Insurance Corporation General Limited delivers strong financial performance in 2025
Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer with outstanding results across key financial metrics. The company sustained a Gross Written Premium (GWP) of Rs. 30.3 billion, demonstrating the resilience of its diverse portfolio in a competitive and challenging environment. SLICGL’s […]
Update on Independent Forensic Review
We wish to provide an update on the actions being taken following the recently identified incident. In line with the Corporate Disclosure made on 23rd April 2026 and as indicated in our 6th April 2026 Corporate Disclosure, an independent forensic review focused specifically on the fraudulent transactions has been initiated and will be conducted by […]
NDB Wealth Hosts Family Office Forum 2026 at Cinnamon Life Colombo
NDB Wealth successfully hosted its NDB Wealth Family Office Forum 2026 at Cinnamon Life Colombo, bringing together ultra-high-net-worth (UHNW) individuals, high-net-worth (HNW) families, family-owned businesses, and global strategists for a high-impact afternoon of dialogue on the future of private wealth. The forum featured four keynote addresses and expert-led panel discussions covering global macro trends, investment […]
CDB Powers Success of Motor EV Technology Show 2026
Citizens Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka’s transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27th to 29th March at the BMICH – Sirimavo Hall. The event drew a vibrant footfall of EV and general vehicle […]