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PRASL launches PR certificate course with SLPI for aspiring ...
Business SLT- MOBITEL posts double-digit growth in Q1 2026 as broadband demand surges Published 7 mins agoon 2026/05/18 Sri Lanka’s national ICT solutions provider, SLT-MOBITEL, reported a robust first quarter for 2026, with consolidated revenue climbing 10.6% year-on-year to LKR 30.8 billion, driven by sustained demand for internet services. Group operating profit surged 39.1% to LKR 5.1 billion, while profit before tax jumped 55.4% to LKR 4.2 billion. Net profit rose 53.3% to LKR 3.1 billion, signaling a decisive turnaround despite higher electricity tariffs and currency pressures. At the parent level, SLT PLC revenue increased 10.6% to LKR 19.7 billion, with net profit up 53.3% to LKR 2.1 billion. Subsidiary Mobitel posted a 9.9% revenue rise, driven by a 28% jump in broadband revenue, while its net profit soared 63.7%. Chairman Dr. Mothilal de Silva said the results demonstrate the Group’s resilience and strategic success. CEO Riyaaz Rasheed added that SLT-MOBITEL is well-positioned to drive AI and 5G innovation, supported by positive subscriber momentum and cost discipline. Business Bank of Ceylon posts Rs. 28.8 billion Q1 profit, contributes Rs. 17.5 billion in taxes Published 7 mins agoon 2026/05/18 Sri Lanka’s largest state-owned lender, Bank of Ceylon (BOC), has reported a Profit Before Tax (PBT) of Rs. 28.8 billion for the first quarter of 2026, underscoring its resilience amid a stabilizing macroeconomic environment and ongoing global uncertainties. The bank’s Profit After Tax (PAT) stood at Rs. 18.8 billion, supported by disciplined execution, digital transformation, and enhanced operational efficiency. Total assets surpassed Rs. 5.5 trillion, with a deposit base of Rs. 4.5 trillion and gross loans and advances of Rs. 2.7 trillion. Net Interest Income (NII) reached Rs. 52.9 billion, while net fee and commission income grew by an impressive 22% year-on-year to Rs. 6.3 billion, driven by higher transaction volumes in card services, remittances, and digital banking. Despite a challenging low-interest-rate environment, total operating income rose 8% to Rs. 61.5 billion. Operating expenses increased modestly by 4% to Rs. 17.2 billion, improving the cost-to-income ratio to 32.1%. BOC adopted a cautious risk management stance, recording an impairment charge of Rs. 7.9 billion on loans, up from Rs. 2.9 billion a year earlier. The Stage 3 loan ratio remained stable at 5.46%, with provision coverage improving to 59.41%. The bank contributed Rs. 17.5...
New PR Certificate Course at SLPI - PressReader
17 hours ago ... The Public Relations Association of Sri Lanka (PRASL), together with the Sri Lanka Press Institute (SLPI), has launched a new 'Certificate Course in Public ...
Professional Certificate in Public Relations Writing
Unlock the power of effective communication with our Professional Certificate in Public Relations Writing course. Dive into key topics such as crafting compelling press releases, creating engaging social media content, and mastering crisis communication strategies.
PRASL launches new PR Certificate Course with SLPI for aspiring ...
Recognising the growing demand for skilled communications professionals, the Public Relations Association of Sri Lanka (PRASL), together with the Sri Lanka Press Institute (SLPI), has launched a comprehensive new 'Certificate Course in Public Relations & Corporate Communications' aimed at developing the next generation of PR and ...
