News & Events

hSenid Business Solutions PLC (hSenidBiz) has announced its financial results for the third quarter of FY2025, achieving a key milestone of USD 4.0 million in exit-Annualized Recurring Revenue (ARR), marking a significant step in hSenidBiz’s journey as a leading HR technology provider in Emerging Markets across South Asia, Southeast Asia, Middle East and Africa. The PeoplesHR Cloud business continued to be the focus and primary engine of recurring revenue expansion.

hSenid Business Solutions (hBS) has announced its financial results for the quarter ending June 30, 2024, reporting a significant year-over-year growth of 30.5 percent, with total revenue reaching LKR 466.0 million. The PeoplesHR Cloud business continued to be the primary driver of growth showcasing a year-over-year growth of 27.9 percent. Recurring subscription revenues accounted for 84.9% of the PeoplesHR Cloud Business, recording a year-over-year growth of 44.2 percent.

On June 18, 2024, hSenid Business Solutions PLC was honored at the annual CFA Society Sri Lanka Capital Market Awards, held at the Oak Room, Cinnamon Grand, Colombo. This prestigious event, which recognizes and rewards excellence in the local capital markets, featured awards in copious categories including Best Stockbroking Research Team, Best Equity Research Report, Best Sector Research Report, Best Investor Relations, Best Unit Trust Fund, and Best ESG Reporting, with distinctions for Gold, Silver, and Bronze in each category.

hSenid, a leading application and service provider, celebrated International Women's Day on March 8th, 2024, with its eighth annual "The Open Closet" initiative. This long-standing program empowers and celebrates deserving women in challenging circumstances by providing them with free clothing, accessories, and footwear.