Business and Economy (Page 11)

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Huawei announced its business results for the first three quarters of 2023 today. During this period, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%. “The company’s performance is in line with forecast,” said Ken Hu, Huawei’s Rotating Chairman. “I’dContinue Reading

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DIMO Agribusinesses, in collaboration with its steadfast partner Mahindra Tractors, has recently unveiled the state-of-the-art Mahindra Yuvo Tech+ 585 tractor, boasting 50 HP, to serve the needs of the Sri Lankan farming community. The introduction of the Mahindra Yuvo Tech+ 585 tractor to the Sri Lankan market took place amidstContinue Reading

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Cleantech (Pvt) Ltd., Sri Lanka’s foremost provider of integrated waste management solutions, continues to champion environmental sustainability by showcasing its recent PET bottles and plastic collections at the Book Fair 2023. This initiative, reflecting Cleantech’s unwavering dedication to responsible waste management, highlights the company’s commitment to preserving the environment.   TheContinue Reading

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Sri Lanka Gem and Jewellery Association (SLGJA) hosted its 21st Annual General Meeting recently in, Colombo. Re-appointed as President, Ajward Deen has worked tirelessly along with his committee to strengthen and uplift the Gem and Jewellery industry to great heights over the past year. The Gem and Jewellery industry continues toContinue Reading

DIMO Healthcare, the healthcare arm of the leading diversified conglomerate DIMO, together with ZEISS, a globally renowned technology enterprise operating in the optics and optoelectronics sphere, introduced ZEISS CT LUCIA 621P Monofocal Intraocular Lens (IOL) to Sri Lanka. This innovation redefines cataract surgery procedures, offering enhanced visual outcomes for patients.    Continue Reading