Category: Aitken Spence Board Of Directors
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Aitken Spence records Rs. 2.9 Bn EBITDA across all sectors for 2Q with a 388% growth
The leading blue-chip conglomerate, Aitken Spence PLC reported an impressive growth of 388% from its earnings before interest expense, tax, depreciation and amortisation (EBITDA) of Rs. 2.9 Bn compared to Rs. 595 Mn in the 2Q of the previous year. During the 2Q the Group’s non-tourism sectors recorded a growth of 35% from its EBITDA…
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Aitken Spence records stellar performance in 1Q from non-tourism sectors
Aitken Spence PLC made an impressive comeback in the first quarter ending 30th June 2021 by recording a 145% increase in Profit Before Tax (PBT) of Rs. 1.2 billion compared to Rs. 513 million in the previous year from the non-tourism sectors. The Group’s non-tourism sectors recorded a 96% increase in EBITDA (Earnings-inclusive of equity accounted investees,…
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Aitken Spence Non-Tourism Sectors Record Highest Ever PBT of Rs. 5 Billion in 2020-2021
During a turbulent financial year that was affected by the unprecedented COVID-19 pandemic, Aitken Spence Group’s non-tourism sectors delivered the highest ever profit before tax of Rs. 5.01 billion for the twelve months ending 31st March 2021 compared to Rs. 4.2 billion last year and partially offsetting the impact of the Group’s Tourism portfolio which recorded…
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Aitken Spence Non-Tourism Sectors Record Highest Ever PBT of Rs. 5 Billion in 2020-2021
During a turbulent financial year that was affected by the unprecedented COVID-19 pandemic, Aitken Spence Group’s non-tourism sectors delivered the highest ever profit before tax of Rs. 5.01 billion for the twelve months ending 31st March 2021 compared to Rs. 4.2 billion last year and partially offsetting the impact of the Group’s Tourism portfolio which recorded…
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Aitken Spence achieves 44% growth in 3Q PBT from Non-tourism Sectors
The leading blue-chip conglomerate, Aitken Spence PLC non-tourism multi-industry sectors reported a Profit-Before-Tax (PBT) of Rs. 1.3 Bn in 3Q, a growth of 44% compared to the previous year in the midst of challenging economic conditions. These sectors also reported an EBITDA (Earnings Before Interest Expense, Tax, Depreciation and Amortisation) of Rs. 1.7 Bn compared…
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Aitken Spence successfully conducts first virtual AGM
Aitken Spence PLC achieved yet another milestone in its 150+ year legacy by conducting the company’s first virtual Annual General Meeting (AGM) on 30th June 2020. Whilst being among the country’s first companies to transition successfully to virtual AGMs, Aitken Spence is also leading the way among the diversified holdings companies to host a virtual…
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Chairman of Aitken Spence PLC ranked No. 1 in the Top 10 Leadership
Deshamanya Harry Jayawardena, ranked no. 1 in LMD 100’s longest serving chairmen. This recognition was to highlight individuals for their versatile leadership with having guided organisations across a multiplicity of sectors and industries – through both good and challenging times. Mr. Harry Jayawardena, Chairman of Aitken Spence PLC, was also recognised in The 100 Club…
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Hapag-Lloyd Lanka Walks Away with Best Customer Service Award at 22nd ICS Awards
Hapag-Lloyd Lanka (Pvt) Ltd, a subsidiary of Aitken Spence PLC and the local representation of German operator Hapag-Lloyd Kreuzfahrten was awarded the “Best Customer Service” laurel for the Europe sector at the recently concluded awards ceremony organized by the Institute of Chartered Shipbrokers – UK (Sri Lanka branch). The win comes following a similar achievement…
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Aitken Spence Records Rs. 1.1bn as PBT in Third Quarter
Leading conglomerate Aitken Spence PLC posted its interim results to the Colombo Stock Exchange (CSE) released on Friday. The blue-chip’s financial results for the quarter ended 31st December 2015 saw profit-before-tax decrease by 25.3 per cent to Rs. 1.1 bn while profit attributable to equity holders decreased by 26.7 per cent to Rs. 637 mn.…
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Resilient Performance by Aitken Spence Sees PAT up by 6.6% to Rs. 4.9 bn for FY 14/15
Blue chip conglomerate Aitken Spence PLC reported its annual financial results for 2014/15 to the Colombo Stock Exchange on Monday, reporting a profit before tax of Rs 5.7 billion and profit after tax of Rs. 4.9 billion, a growth of 4.9 per cent and 6.6 per cent respectively. The diversified Group’s annual revenue rose a…