Sri Lanka, May 26 -- Aitken Spence PLC remained resilient despite two black swan challenges due to the Group's diversified business portfolio and strategic direction. The Group's financial performance for the twelve months ending March 31, 2020 recorded a year-on- year profit-before-tax of Rs. 4.2 billion compared Rs. 7.3 billion last year.

Despite considerable economic headwinds the organisation's agile strategy was reflected in the earnings from the overseas businesses that contributed 39% compared to 43% last year. This underlined the exceptional relationships that have been built with global industry players across the key sectors. The Group's businesses from the domestic market derived 61% earnings of the Group's PBT for 2019/2020 c...