Brown & Company PLC news & filings

Brown & Company and LOLC Holdings partnered with the government (51% state, 49% private) to revive the long-idle Hingurana/Gal Oya sugar factory, rebuilding infrastructure and expanding into ethanol, power and bio-fertiliser. The operation now cultivates ~8,500 ha, employs ~1,300 directly and works with 8,000 farmers, supporting roughly 30,000 people and reducing sugar imports.

Brown & Company PLC's Browns EV unveiled the BAW M8, marked 1,500 EV deliveries and announced an exclusive charging partnership with Qingdao TELD to deploy chargers nationwide. The M8 is priced at Rs.21 million and is claimed to have a range exceeding 1,050 km.

The Colombo market hit an intraday record of 24,052.06 but closed flat, with the ASPI down 0.01% at 23,953.09 and the S&P SL20 up 0.20% at 6,663.12. Turnover was over Rs.5.4bn; York jumped 24.81% while SAMP, RICH, DFCC, CTHR and CARG were top negative contributors.

Seminar on safeguards under the amended Companies Act No. 12 of 2025 will be held on 27 Jan (2–5pm) at NH Collection, Colombo 3. Organisers say the amendments place new responsibilities and stricter penal sanctions on company secretaries and directors; speakers include HNB and LOLC Insurance chairs.

Aggregate profits of 273 listed companies fell 12% YoY to Rs.176.5 billion in Sep-25, ending a seven-quarter growth streak. Banks (Rs.52bn, +39% YoY) and diversified financials (Rs.39bn, +112% YoY) underpinned a QoQ rebound, while food, beverage & tobacco and capital goods posted steep declines.

The Ministry launched the Industry Recovery Foster Program (IRFP) and Industry Development Foster Program (IDFP) to revive large-scale manufacturing hit by Cyclone Ditwah, with corporates including John Keells (JKH.N0000), Hemas (HHL.N0000), Brown & Company (BRWN.N0000) and Cargills (CARG.N0000) joining a PPP. The recovery framework will be operational within 30 days and 16,476 inquiries have been recorded to date.

Commercial Bank of Ceylon signed an MoU with Brown & Company to provide special leasing via its Agri Lease and Diribala Green Development Loan Scheme to help farmers buy Browns Agriculture machinery. Browns will offer free first-year insurance, initial labour-free services and IoT monitoring for selected equipment.

Commercial Bank of Ceylon and Brown & Company PLC signed an MoU to offer special leasing facilities through the bank’s Agri Lease and Diribala Green Development Loan Scheme to help farmers acquire Browns Agriculture machinery; the program includes bundled benefits such as insurance, free servicing, IoT monitoring and warranties.

Brown & Company PLC's Browns Agriculture won the Gold Award for “Global Brand of the Year” for its Browns SUMO WORLD Harvester at the SLIM Brand Excellence Awards 2025. The harvester holds a 73% national market share and features advanced monitoring and extensive after-sales support.