• Last Update 2024-07-19 16:40:00

eChannelling Q3 financial performance sets firm foundation for future growth

Business

 

 

eChannelling PLC, the largest doctor channelling network in Sri Lanka and a subsidiary of SLT-MOBITEL, has recorded a revenue of Rs. 47 million for the quarter ended September 30, 2021, an increase of 17 percent compared to the same period last year. Reported year-to-date revenues during the first nine months were an impressive Rs. 134 million, a 41 percent increase compared to the same period in 2020.

 

Profit after Tax was Rs, 16 million, reflecting a growth of 19 percent over the same quarter year on year. “Significantly, the company has achieved a tremendous 116 percent growth in profitability amounting to Rs. 43 million in the first nine months of the financial year compared to Rs. 20 million accrued during the same period in 2020,” the company said in a media release. These results demonstrate eChannelling’s ability to evolve through strategic shifts, consolidate services and to proactively develop timely new revenue streams. In a year inundated with many challenges especially for the healthcare services, the company has notably risen to the task and continued to create value for all stakeholders, it said.

 

Speaking about the growth and future potential of the company SLT Group Chairman Rohan Fernando said, “eChannelling PLC as a subsidiary of Mobitel Pvt Ltd is set to transform the digital ecosystem of our nation, by accelerating and enabling significant strategic shifts in digital lifestyle services through cutting edge products and superior service offerings.”

 

For two decades eChannelling’s transformational journey in digital healthcare services has successfully delivered the most sought-after digital lifestyle services through strategic partnerships and innovative service offerings.

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