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Finance & Markets

Australian Firms in Reset Mode Emerge as Earnings-Season Winners

Investors who kept faith with Australian companies pursuing restructuring and leadership changes are reaping the rewards, as signs of progress unveiled during the August earnings season sent their stocks soaring.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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SLT Group PAT accelerates 54.4% in H1 2026 to LKR 6.6 billion on 11.1% revenue growth

The SLT Group reported a powerful first half for 2026, with consolidated Profit After Tax (PAT) rising 54.4% to LKR 6.6 billion for H1 2026 compared to LKR 4.3 billion in H1 2025, as strong demand for…

  • SLT Group's PAT increases 54.4% to LKR 6.6 billion in H1 2026
  • Revenue growth of 11.1% to LKR 61,314 million in H1 2026
  • Operating profit rises 39.8% to LKR 6,663 million

Economic managers face urgent need for vigilant policy management amid external pressures

By Sanath Nanayakkare Sri Lanka’s macroeconomic landscape continues to present a nuanced picture of post-crisis recovery, characterised by steady industrial expansion and monetary stability on one…

  • Sri Lanka's economy recovering post-crisis with steady industrial growth and monetary stability.
  • Headline inflation rose to 7.3% in July due to higher housing rents and energy prices.
  • Tourism industry faces 11.8% decline in earnings, impacting USD 3.5 billion revenue target.

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