News and Events

hSenid Partners with NSBM Green University to Enhance Digital Skill Sets of Undergraduates

hSenid Business Solutions, a leading Human Resources Solutions provider in Sri Lanka, signed a strategic partnership with NSBM Green University, a premier higher education institution known for its focus on Business, Computing, Engineering, Science, and Postgraduate Studies.

hSenidiz Surpasses $4 Mn ARR with Solid Recurring Revenue Growth

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.

hSenidBiz's PeoplesHR Cloud Drives 1Q FY25 Success, Exit ARR Hits $3.5 Million

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.

hSenid Business Solutions PLC Wins Best Investor Relations Small Cap Companies Award at CFA Society Sri Lanka Capital Market Awards 2024.

Sampath Jayasundara (CEO/Director of hSenidBiz), Nishendra Herath (CFA - Chair of the Investor Relations Award Committee), Dilshan Wirasekera (The Chairman of the Colombo Stock Exchange), Nilendra Weerasinghe (Chief Financial Officer of hSenidBiz), Aruna Alwis, (CEO of CFA Society Sri Lanka) and Samila Imbulana (Senior Analyst - Corporate Planning at hSenidBiz). (Left to right)

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.