First Capital Holdings PLC (the Group) recorded a Total Comprehensive Income of Rs. 904 million for the six months ended September 30, 2024, demonstrating resilience in a dynamic market environment, compared to Rs. 9.58 billion in the same period of last year. The Group’s net income before operating expenses for the first half of 2024/25…
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First Capital’s investED: Unlocking Wealth-Building Knowledge for University Students
First Capital has launched investED, an initiative designed to empower university students by providing them with essential knowledge and practical skills in investing and financial literacy. This initiative is fully aligned with First Capital’s broader sustainability agenda, which is rooted in the company’s commitment to driving long-term value and positive societal impact. As part of…
The Shift from Traditional Savings to Investing and Gaining Financial Empowerment
In an era where traditional savings alone no longer guarantee financial security, the methods we use to grow our wealth must evolve with the times. Today as the world celebrates ‘World Thrift Day’, the fundamental principle of thrift – careful management of money – presents a reminder of the importance of financial prudence, savings, and…
First Capital Holdings Delivers Profitable Start to FY24/25
First Capital Holdings PLC (the Group) reported a Profit After Tax of Rs. 582 million for the quarter ended 30 June 2024, compared to Rs. 2.8 billion in the same period last year. This performance marks a significant achievement reflecting the Group’s strategic agility amidst the uncertain and challenging political and macroeconomic environment characterized by…
First Capital Empowers Girls’ Education for a Second Year with Room to Read
Building on their commitment to improve the lives of all Sri Lankans through financial solutions, Sri Lanka’s pioneering investment institution, First Capital Holdings PLC, renews its partnership with the non-profit organization “Room to Read”. This collaboration aims to empower girls from underprivileged communities by amplifying their access to education through Room to Read’s “Girls’ Education…
First Capital & Habitat for Humanity Builds Hope through Housing Project
First Capital Holdings PLC, in collaboration with Habitat for Humanity Sri Lanka, proudly announces the successful completion of its CSR project aimed at providing access to safe and dignified housing for under-privileged families in the Bope-Poddala Division, Galle District. In a heartfelt ceremony attended by senior staff from both organizations and key government officials, two…
First Capital Partners with Sri Lanka Rugby in the Asia Rugby Division 1 Tournament
First Capital, the pioneering investment institution in Sri Lanka, proudly announces its support for Sri Lanka Rugby as their “Performance Partner” in the Asia Rugby Division 1 Tournament. This partnership marks the first time First Capital has aligned with a national team, signalling a significant milestone in their commitment to supporting and empowering sports in…
First Capital Holdings PLC Appoints Kuda Herath to Board of Directors
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…
First Capital Expects a 2.0%-3.0% GDP growth for 2024; Downgrade from Previous Estimate.
“Investment Strategy 2024” virtual forum, hosted by First Capital Holdings, was held on January 30th, 2024, with the theme “Reforms to Stay Course with Bets on Elections.” Panellists for this event featured Dr. Nishan de Mel, the Executive Director of Verite Research; Vish Govindasamy, Deputy Chairman of Sunshine Holdings PLC; and Dimantha Mathew, Chief Research…
First Capital and HNB Partner to Introduce a Groundbreaking Digital Withdrawal and Payment Facility for Unit Trust Investors
24 January 2024, Colombo: First Capital Holdings PLC, the pioneering investment institution, has announced a groundbreaking milestone for the financial services industry in Sri Lanka with the introduction of the “First Capital Money Plus Fund”. This significant initiative, the first of its kind in Sri Lanka, offers digital withdrawal and payment facilities through a convenient…