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From Sri Lanka To Middle East, LOLC Advance Technologies Sets A New Era in Graphene Technology
LOLC Advanced Technologies (LOLC AT), Australia, a subsidiary of LOLC Advanced Technologies (LOLC AT), Sri Lanka, has announced a strategic partnership with Khalifa University of Science and Technology in Abu Dhabi. This development builds on the Memorandum of Understanding signed in August 2023, which marked the official launch of the partnership between Khalifa University's Research & Innovation Centre for Graphene and 2D Materials (RIC2D) and...
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24
LOLC Al-Falaah Pays Rs.3.5 Billion Profits to Depositors for Financial Year 2023/24.
LOLC Al-Falaah, the largest Alternate Financial Services Provider in the Non-Bank Financial Institutions (NBFI) segment in Sri Lanka, proudly announced its exceptional financial performance for the fiscal year 2023/24. With a total asset base of over Rs. 31.5 Billion and a client base of nearly 50,000 across 203 branches nationwide, LOLC Al-Falaah continues to lead the Islamic finance industry in Sri Lanka. In the face of prevailing macroeconom...
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24
Save The Sri Lankan Leopard: LOLC’s Commitment To Protect Our Apex Predator
In celebration of National Leopard Day on August 1st, LOLC Holdings has launched several new initiatives to further its ongoing commitment to the conservation of the Sri Lankan leopard, in partnership with the Wildlife and Nature Protection Society (WNPS). The Sri Lankan leopard, an apex predator and a key component of the island's rich biodiversity, faces escalating threats from unplanned land use, wildlife crimes, inadequate penalties, and li...
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24
LOLC Divi Saviya Consistently Transforms Education Nationwide Reaching 3,500 Schools Across Sri Lanka, Surpassing 35% Of Total Schools
Rolling out with pensive consistency, the LOLC Divi Saviya humanitarian effort has reached a significant landmark by supporting 3,500 schools, surpassing 35% of the total number of schools in the island. Launched in February 2023, this initiative has steadily and consistently reached and enriched the nation’s young minds. As Phase 03 of the project progresses, LOLC Divi Saviya is focused on schools accommodating 101-150 students. This strategic m...
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24
LOLC Finance Pledges Commitment to Ocean Conservation and Sustainability
In a resolute commitment to environmental stewardship and sustainable corporate practices, LOLC Finance marked World Environment Day and Ocean Day with a series of impactful initiatives aimed at fostering ecological conservation and awareness. World Environment Day holds profound significance for LOLC Finance, underscoring the increasing importance of environmental, social, and governance (ESG) factors in financial decisions. Embracing this etho...
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24
Unveiling Ayugiri: Browns Hotels & Resorts Sets the Stage for a New Era in Luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the...
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24
LOLC Finance PLC Concludes a Remarkable Year with Its Highest Profits Ever Recorded
LOLC Finance PLC, the largest non-banking financial institution in Sri Lanka has reported exceptional performance recording Rs.21.5 billion profits for the fiscal year 2023/24 with 39% YoY growth, representing an ROE of 20%. This outstanding performance underscores the company’s strategic excellence and robust market position, achieved through a series of strategic consolidations and a steadfast commitment to cost efficiency, digital transformati...
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