News and Events

hSenid HRO goes global as PeoplesHR Outsourcing

PeoplesHR Outsourcing, a strategic business unit of hSenid Business Solutions, formerly known as hSenid HRO recently expanded its global footprint with the aim of advancing outsourcing in global markets. Some of the services of PeoplesHR Outsourcing include; Payroll Outsourcing, HR Outsourcing and HR technology transformation Consultancy services.

hSenidBiz’ core PeoplesHR drives growth in 2Q FY23; Sri Lanka drives new deals

hSenid Business Solutions (hBS) reported yet another favourable earnings result for the period ended 30 September 2022, with strong growth across the key business segments and regional operations. Net profits for the quarter came in at LKR 58.0 million, compared to a profit of LKR 15.3 million in the corresponding quarter of the previous financial year, recording an LKR 0.21 earnings per share. For the first half, net profits came in at LKR 260.4 million compared to LKR 22.6 million in the previous year.

Arittha appointed to Hsenid Business Solutions Board

Top professional Dr. Arittha Rahula Wikramanayake has been appointed as a non-executive independent director of the hSenid Business Solutions with effect from 3 October.

Dr. Wikramanayake is a veteran Corporate and M&A lawyer and heads the Firm’s corporate and acquisitions practice. During his tenure as the Director General of the Securities and Exchange Commission (SEC), he played a pivotal role in the development and formulation of fundamental laws, regulations and policies - including the formulation of the Takeovers and Mergers Code.

hSenid Business Solutions PLC - Letter to the Shareholders

To our shareholders:

Let me begin by stating an undeniable truth about hSenidBiz: we are resilient. In the face of local and global challenges, we remain steadfast in our certainty about our prospects and our numbers affirm this. We ended the year with an impressive 35 percent year-over-year growth in the USD value of new deals closed, supported by a 9 percent increase in our global client base, which reached 1,465. While our international expansions may have started slowly owing to local and international market conditions, we are now gaining momentum, going forward with no turning back.