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HNB continues longstanding partnership with Battle of the Saints as Official Banking Partner

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HNB Head of Marketing Upul Adikari (centre) with St. Josephs College Rector Rev. Fr. Ranjith Andradi (second from left) and St. Peters College Rector Rev. Fr. Rohitha Rodrigo (second from right) and the Co-Chairman of the joint organizing committee

Powering the 89th annual Battle of the Saints, Sri Lanka’s leading private sector bank HNB PLC, reaffirmed its commitment as the official banking partner for the highly anticipated cricket encounter at the Sinhalese Sports Club on April 28, 29 and 30.

The match will see the two leading Catholic schools, St. Josephs College and St. Peters College, battle it out for the Rev. Fr. Maurice J. Le Goc Trophy over two consecutive days. HNB Head of Marketing Upul Adikari presented the cheque to the two principals, St. Joseph’s College Rector Rev. Fr. Ranjith Andradi and St. Peter’s College Rector Rev. Fr. Rohitha Rodrigo.

“We are honoured to continue our support of this historical event, which has been etched in the minds of generations of schoolboys who have passed through the hallowed halls of these institutions. Given the many challenges we face today, we believe it is of utmost importance that we continue to protect and promote these values, traditions and rich history of sportsmanship that this match represents to the past and present students,” HNB Head of Marketing Upul Adikari said.

The match returns to the public arena after a hiatus of 2 years, where it was played behind closed doors due to the unprecedented challenges faced first by the pandemic, followed by the economic crisis. Renowned for its exciting and competitive brand of cricket, the Battle of the Saints is the only annual two-day encounter that strategically limits the first innings to 60 overs each, pushing the game towards a potential result.

Sri Lanka Under -19 wicketkeeper/batsman Sadeesh Jayawardena will lead St. Joseph’s College, while the boys from Bambalapitiya will be under the captaincy of all-rounder Nimuthu Gunawardana. St. Josephs led the series tally with 12 wins, while St. Peters won the 2016 encounter, bringing their tally to 10 wins.

HNB too has had a long-standing relationship with both St. Joseph’s, and St. Peter’s College – the latter of which is home to one of the very first HNB Student Savings Units (SSU) in the country. Successive generations of students have benefitted from HNB accounts and their experience at the SSUs, which have helped not only to inculcate the savings habit from a young age among students but has also laid the foundation for a stable and secure future through savings for higher and tertiary education.

HNB has also been working to deepen its engagement with both schools, with a strong emphasis on introducing new technology-enabled banking services to students and staff to help prepare them for life in an increasingly digital world. HNB’s suite of electronic banking solutions includes Payee Partnerships and easy-to-use POS devices that enable hassle-free collections together with HNB PAYFAST – a convenient and reliable platform for payment of salaries, EPF, ETF and any other additional payments as needed.Additionally, HNB has also provided other special facilities to cover the entire school community, including teachers, students, and related parties as their preferred banking partner.



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Dialog delivers strong growth, stronger national contribution in FY 2025

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Dialog Axiata PLC announced, Friday 6th February 2026, its consolidated financial results (Reviewed) for the year ended 31st December 2025. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).

Group Performance

The Group delivered a strong performance across Mobile, Fixed Line and Digital Pay Television businesses recording a positive Core Revenue growth of 16% Year to Date (“YTD”). Group Headline Revenue reached Rs179.6Bn, up 5% YTD, despite the continued strategic scaling down of low-margin international wholesale business. In Q4 2025, Revenue was recorded at Rs46.5Bn up 2% Quarter-on-Quarter (“QoQ”) and 2% Year-on-Year (“YoY”).

The Group Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) reached Rs86.0Bn up 30% YTD supported by Core Revenue performance and Cost Rescaling Initiatives. On a QoQ basis Group EBITDA demonstrated a modest growth to record at Rs23.0Bn up 2% QoQ with an EBITDA margin of 49.5% in line with the Revenue performance. Group EBITDA margin reached 47.9% for FY 2025, up 9.2pp.

Group Net Profit After Tax (“NPAT”) reached Rs20.8Bn for FY 2025, up 67% YTD mainly resulting from robust EBITDA growth, despite higher tax and net finance costs. Normalized for forex impact, NPAT growth was recorded at +>100% YTD to reach Rs22.1Bn. On a QoQ basis NPAT grew 3% to reach Rs5.9Bn resulting from strong EBITDA performance.

On the back of strong operational performance, the Group recorded Operating Free Cash Flow (“OFCF”)

of Rs49.3Bn for FY 2025 up >100% YTD.

Dividend Payment to Shareholders

In line with the dividend policy and financial performance of the Group and taking into account the forward investment requirements to serve the nation’s demand for Broadband and Digital services, the Board of Directors of Dialog Axiata PLC at its meeting held on 6th February 2026, resolved to propose for consideration by the Shareholders of the Company, a dividend to ordinary shareholders amounting to Rs1.50 per share. The said dividend, if approved by shareholders, would translate to a Dividend Yield of 5.0% based on share closing price for FY 2025. The dividend so proposed will be considered for approval by the shareholders at the Annual General Meeting (AGM) of the Company, the date pertaining to which would be notified in due course.

Company and Subsidiary Performance

At an entity level, Dialog Axiata PLC (the “Company”) continued to be the primary contributor to Group Revenue (76%) and Group EBITDA (74%). Aided by sustained growth in the Data segment and cost-rescaling initiatives, Company revenue was recorded at Rs135.8Bn for FY 2025, up 18% YTD, EBITDA rose 32% YTD to reach Rs63.6Bn. On a QoQ basis, Q4 2025 Revenue was recorded at Rs34.8Bn, down 1% QoQ due to a reclassification of Hubbing Revenue, while EBITDA decline 1% QoQ to record Rs17.0Bn, largely attributable to network restoration costs and donations made in relation to the Cyclone Ditwah relief efforts. Furthermore, NPAT was recorded at Rs15.6Bn for FY 2025, up 41% YTD. Normalised for forex impacts, the company NPAT was up +>100% YTD to reach Rs17.0Bn. On a QoQ basis, Company NPAT was recorded at Rs4.5Bn, down 6% QoQ.

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Ceylinco Life’s Pranama Scholarships reach 25-year milestone

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Ceylinco Life has announced the launch of the 25th consecutive edition of its flagship Pranama Scholarships programme, marking a significant milestone in the company’s long-standing commitment to recognising and rewarding excellence among the children of its policyholders.

Under the 2026 programme, the life insurance market leader will present scholarships with a total cumulative value of Rs. 22.7 million, continuing a rewards initiative that has now been conducted without interruption for a quarter of a century. Since its inception, the Ceylinco Life Pranama Scholarships programme has benefitted 3,466 students across the country, representing a total investment of Rs. 240 million in nurturing academic achievement and outstanding performance in sports, arts and other extracurricular pursuits.

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Sri Lankans’ artistic genius glowingly manifests at Kala Pola ‘26

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The spirit of Sri Lanka as it was ably captured by an artist.

The artistic genius of Sri Lankans was amply manifest all over again at ‘Kala Pola ‘26’ which was held on February 8th at Ananda Coomaraswamy Mawatha Colombo 7; the usual, teeming and colourful venue for this annual grand exhibition and celebration of the work of local visual artists.

If there is one thing that has flourished memorably and resplendently in Sri Lanka over the centuries it is the artistic capability or genius of its people. It is something that all Sri Lankans could feel a sense of elation over because from the viewpoint of the arts, Sri Lanka is second to no other nation. With regard to the visual arts a veritable dazzling radiance of this inborn and persisting capability is seen at the annual open air ‘Kala Pola’.

A bird of Sri Lanka created from scraps of iron waste.

All capable visual artists, wherever they hail from in Sri Lanka, enjoy the opportunity of exhibiting their work at the ‘Kala Pola’ and this is a distinctive ‘positive’ of this annual event that draws numberless artists and viewers. There was an abundance of paintings, sketches and sculptures, for instance, and one work was as good as the other. Ample and equal space was afforded each artist. Its widely participatory and open nature enables one to describe the exhibition as exuding a profoundly democratic ethos.

Accordingly, this time around at ‘Kala Pola ‘26’ too Sri Lankans’ creative efforts were there to be viewed, studied and enjoyed in the customary carnival atmosphere where connoisseurs, local and foreign, met in a sprit of camaraderie and good cheer. Many thanks are owed once again to the George Keyt Foundation for the presentation of the event in association with the John Keells Group and the John Keells Foundation, not forgetting the Nations Trust Bank, which was the event’s Official Banking Partner. The exhibition was officially declared open by Chief Guest Marc-Andre Franche, UN Resident Coordinator in Sri Lanka.

By Lynn Ockersz

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