Stock Market and Economy
Sri Lankan companies are reporting quarterly results on the Colombo Stock Exchange with 10 companies filing Sep 2026 results by late October. Net profits show a 16% year-on-year decline but 17% quarter-on-quarter growth.
Companies releasing quarterly results like they're dropping surprise album singles—27 days late and still acting like they invented punctuality. Meanwhile, profits are down 16% but somehow analysts are hyped about a 17% quarter-over-quarter bump, which is just financial theater's way of saying "we lost less money than last month, be grateful."
It took 27 days, but 10 companies have finally released their Sep 2026 results on #CSE #lka Only 13 of 289 listed firms had reported by 27 Oct ➡️ Busy time ahead of 15 Nov deadline Reported 3Q2026 net profit is down 16% YoY, but up 17% QoQ so far; EPS growth lower due to Rights https://t.co/gMEvxK5Hpo https://t.co/vZIOa3TGU0
Morning News Brief 28 October 26 #SriLanka #CSE #StockMarket #LKR #Investing #Economy #EmergingMarkets #Colombo #GlobalMarkets https://t.co/dwQQGEYznw