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First Capital Holdings Reports Robust Financial Performance for FY 2023/24 3rd June 2024, Colombo:  First Capital Holdings PLC (the Group), a leading investment institution, and a member of the Janashakthi Group, announces an outstanding financial performance for the fiscal year ended 31 March 2024, recording a Total Comprehensive Income of Rs. 10.1Bn, a significant increase from Rs. 2.7Bn in the previous year. This substantial growth underscores the Group’s strategic positioning and robust operational execution across its business divisions. The Primary Dealer division was the major contributor to the Group’s impressive financial results, reporting a Profit after Tax of Rs. 11.1Bn, a remarkable surge from Rs. 2.9Bn in the previous year. This performance was primarily driven by substantial trading gains on the government securities portfolio amounting to Rs. 15.8Bn and net interest income of Rs. 3.2Bn, compared to trading gains of Rs. 2.4Mn and net interest income of Rs. 3.6Bn in ...

Jun 3, 2024 Posted by In Articles Tagged , , ,
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First Capital Holdings PLC Appoints Kuda Herath to Board of Directors 30th April 2024, Colombo:  First Capital Holdings PLC, a member of the Janashakthi Group, announces the appointment of Kuda Banda Herath as an Independent Non-Executive Director to the Company’s Board of Directors, effective from 29th April 2024. Kuda Herath holds a bachelor’s degree in applied chemistry from the University of Kingston, London. He currently serves as an independent non-executive director of Central Finance Company PLC since February 16th, 2019. With a career spanning over 28 years in the fast-moving consumer goods industry in Sri Lanka, Kuda has commenced his journey at Nestle Lanka Limited, where he spent 16 years and held pivotal roles in manufacturing, sales, marketing, and global business excellence projects. Subsequently, he served as an Executive Director of A. Baur & Co. (Pvt.) Ltd. for 8 years, during which time he played a crucial role in establishing ...

May 1, 2024 Posted by In Articles Tagged , , , ,
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Janashakthi Group (JXG) Unveils New Corporate Office at Mireka Tower, Havelock City – A Hub for Collaboration and Innovation 29th February 2024, Colombo: Janashakthi Group (JXG), a rapidly emerging conglomerate proudly announces the inauguration of its new corporate office at Mireka Tower, Havelock City. This move marks a significant milestone in the company’s journey, symbolizing a transformative shift in workspace culture and fostering an environment where collaboration and innovation thrive. Chandana de Silva, Chairman of JXG, emphasized the significance of this transition, stating, “The new workspace for the JXG corporate staff at Mireka Tower has been constructed with meticulous attention to detail and functionality. The open layout and collaborative spaces are designed to facilitate seamless communication and idea-sharing, fostering a culture of creativity, productivity, and, most importantly, the well-being of our valued employees.” He also added, “Janashakthi Group’s roots trace back to the early 1990s, when our Founder & Chairman ...

Feb 29, 2024 Posted by In Articles Tagged , , ,
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