News

Our greatest glory is not in never falling, but in rising every time we fall. - Confucius -

  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

news

2019/01/24

Sri Lankan Airlines lose Rs40bn amid currency fall


State-run SriLankan Airlines had lost 135 million US dollars (40 billion rupees) up from 66 million US dollars (11 billion rupees) in the 9-months ending December 31, amid a steep fall in currency, the airline said. SriLankan had also paid 23 million US dollars to the government as withholding tax on lease payments on aircraft. The government had already proposed a waiver of the tax. Interest cost for the nine months were 47 million US dollars, the airline said. – Economynext


read more

Copyright © 2015 LOLC Securities Limited. All Rights Reserved. Website Design, Development & Hosting by eBEYONDS.