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Wednesday, 22 February 2012

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Dialog records Rs 5.4 b net profit

For 2011 financial year:

Dialog Axiata PLC recorded strong revenue growth across all segments to reach Rs 11.9 billion for the fourth quarter, a QoQ growth of 3%. Group revenue grew 10% YoY to be recorded at Rs 45.6 billion for FY 2011. Revenue growth in combine with continued operational improvements lead to the Group posting a healthy 9% QoQ growth in EBITDA with Q4 2011 EBITDA,

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New strategies to mitigate adverse effects

The recent rupee depreciation presents opportunities for exporters and there should be new marketing strategies to mitigate adverse effects. “As an exporter of locally manufactured tyres we consider the rupee depreciation to have a positive impact. The export fraternity should adopt strategies to take advantage of this situation and gain the competitive edge over global competitors,”

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LHI’s design project wins accolades

Lanka Hydraulic Institute (LHI), consultants in coastal and hydraulic engineering with expertise in design, modelling and field investigations has developed a port design project similar to Hambantota for the development of the ICS Marine Terminal at Mboro, Senegal in West Africa, LHI Engineering Manager Sanjeewa Wickramaratna told Daily News Business.

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CIC Agri Businesses has identified the growing demand for fresh fruit juices and has opened 13 ‘Juiceez’ outlets in various locations in the island. ‘Juiceez’ outlets serve a variety of fresh fruit juices for weary travellers who stopover for a quick thirst quencher. Here, two tourists being served fresh fruit juice at Juiceez, Pelwehera. Picture by Saliya Rupasinghe



 
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