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Prime Lands Residencies reports 24% revenue growth, earnings jump 72%

Daily Mirror - Sri Lanka

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November 12, 2025

Prime Lands Residencies PLC, Sri Lanka's only listed and fully locally owned real estate company, reported a sharp rise in revenue and earnings for the quarter ended September 30,2025.

Revenue for the quarter climbed 24 percent year-on-year to Rs.2.84 billion, while gross profit rose 52 percent to Rs.922.7 million. Operating profit increased 63 percent to Rs.657.7 million and profit before tax jumped 74 percent to Rs.744.4 million. Earnings per share advanced 72 percent to Rs.0.58, from Rs.0.34 in the same period last year.

PLUS D'HISTOIRES DE Daily Mirror - Sri Lanka

Daily Mirror - Sri Lanka

AIA Insurance achieves recognition for workplace excellence at ‘Great Place to Work Awards’

AIA Insurance has once again demonstrated its unwavering commitment to building a world-class workplace culture, earning a record-breaking five accolades at the prestigious Great Place to Work Awards 2025.

time to read

2 mins

December 11, 2025

Daily Mirror - Sri Lanka

THE LANDMARK WARNER BROTHERS AND NETFLIX DEAL

In December 2025 the global entertainment industry was thrown into upheaval when Netflix revealed it had struck a definitive agreement to acquire the film-studio and streaming assets of Warner Bros Discovery (WBD) in a deal valuing those assets at around 82.7 billion US dollars.

time to read

6 mins

December 11, 2025

Daily Mirror - Sri Lanka

Ceylon Chamber partners with members and relief agencies to deliver cyclone relief

In response to the devastating impact of Cyclone Ditwah, The Ceylon Chamber of Commerce has been actively supporting national relief and recovery operations in collaboration with the government, key partners, and its members.

time to read

1 mins

December 11, 2025

Daily Mirror - Sri Lanka

Meezan Hadjiar: Matale’s visionary merchant remembered

FROM HUMBLE BEGINNINGS TO BUSINESS MAGNATE, HIS LEGACY SHAPES GENERATIONS

time to read

5 mins

December 11, 2025

Daily Mirror - Sri Lanka

CYCLONE DITWAH ANOTHER TEST CASE OF INDO-PACIFIC COOPERATION

CYCLONE DITWAH TESTS REGIONAL COORDINATION AS GLOBAL POWERS CONVERGE ON SRI LANKA FOR DISASTER RELIEF

time to read

4 mins

December 11, 2025

Daily Mirror - Sri Lanka

AKD turns to international partners for escape plan from climate shocks

Seeks support to build climate-resilient infrastructure

time to read

1 min

December 11, 2025

Daily Mirror - Sri Lanka

SWISS GOVT. EXTENDS HUMANITARIAN HAND TO CYCLONE AFFECTED SRI LANKA

In response to the severe impact of Cyclone Ditwah, the Swiss Government has extended comprehensive humanitarian assistance to Sri Lanka for a total of Swiss Francs (CHF) 450'000 as part of the emergency response effort.

time to read

1 mins

December 11, 2025

Daily Mirror - Sri Lanka

Daily Mirror - Sri Lanka

Row over gay celebrations at World Cup match

The organisation behind the LGBTQ+ 'Pride Match' at the 2026 World Cup says it intends to push forward with plans despite Egypt objecting to Fifa.

time to read

1 mins

December 11, 2025

Daily Mirror - Sri Lanka

Kolonne Pradeshiyia Sabha budget defeated for the second time

The annual budget proposals for 2026 of the Kolonne Pradeshiya Sabha were defeated for the second time by one vote.

time to read

1 min

December 11, 2025

Daily Mirror - Sri Lanka

27th Presidential Export Awards Ceremony today

The 27th Presidential Export Awards (PEA) Ceremony, organised by the Sri Lanka Export Development Board (EDB), is all set to kick off today at the Bandaranaike Memorial International Conference Hall, under the patronage of President Anura Kumara Dissanayake.

time to read

1 min

December 11, 2025

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