News & market updates

Singer Sri Lanka PLC has partnered with Fairfirst Insurance to offer in-store motor insurance across Singer's 425+ showrooms, allowing customers to purchase policies via QR code and digitally enabled systems to simplify and broaden access nationwide.

Sri Lanka Brand Conclave 2026 will be held on 28 July at Cinnamon Grand to bring global brand leaders and local senior executives together; senior marketing leaders from Singer (SINS.N0000) and Dialog Axiata (DIAL.N0000) will participate in sessions on AI, digital transformation and brand leadership.

Sri Lanka Brand Conclave 2026 will be held on 28 July at Cinnamon Grand Colombo, featuring global marketing speakers and sessions on AI, creativity and digital transformation, with marketing leaders from Singer Sri Lanka and Dialog Axiata participating.

Singer (SINS.N0000) has partnered with India's Stanley Lifestyles to open a Stanley Boutique Homes flagship showroom in Ward Place, Colombo, introducing Stanley's luxury furniture range to Sri Lanka and expanding Singer's premium retail offerings.

Singer Sri Lanka (SINS.N0000) has partnered with India's Stanley Lifestyles to enter Sri Lanka and opened a flagship Stanley Boutique Homes showroom in Colombo 7, bringing the luxury furniture brand to the local market.

Dividend · Rs 0.50 · XD Jul 9, 2026

First Interim dividend of LKR 0.5/share; XD 2026-07-09; record 2026-07-09; payable 2026-07-22; FY 2026/2027

The Thailand–Sri Lanka forum highlighted the newly enacted SLTFTA and reported bilateral trade rose 48% to $649m in 2025. Officials said the FTA and related measures should expand market access and investment across logistics, manufacturing, tourism, food processing, IT and healthcare.

The Sri Lanka Retailers’ Association held its 9th AGM on 23 June 2026 and elected Infiyaz M. Ali (Director, Healthguard Pharmacy Ltd) as President, with Mahesh Wijewardena (Group CEO, Singer (Sri Lanka) PLC) as Senior Vice President and Kumar De Silva (CEO, SPAR SL) as Vice President. The AGM adopted the 2025/26 annual report and previewed the Sri Lanka Retail Forum 2026.

Colombo Stock Exchange rose 0.89% as the ASPI gained 198.46 points to 22,407 and the S&P SL20 rose 0.99% to 6,242, with turnover of 2.7 billion rupees. Top positive contributors were Dialog Axiata, John Keells and Hayleys, while Bukit Darah and Colombo Fort Land & Building were top decliners.

First Capital Research: aggregate earnings of 271 listed companies fell 11.4% YoY in the March 2026 quarter (third straight quarter), but underlying earnings rose 30.1% YoY after adjusting for major one-offs. Food, Beverage & Tobacco dragged the aggregate result while retailing and telecom posted strong gains (e.g. UML, DIAL, SLTL, SINS).

Singer Sri Lanka PLC opened the first HONOR Experience Store in Sri Lanka at One Galle Face Mall under its exclusive partnership with HONOR. HONOR, partnered with Singer since April 2023, has become the number-one smartphone brand in Sri Lanka and the store showcases its flagship devices and accessories.

Colombo Stock Exchange closed down on Friday as investor uncertainty over a US–Iran deal weighed on markets; the ASPI fell 0.33% to 22,361.31 and the S&P SL20 fell 0.25% to 6,211.13. Market turnover was Rs 1.8 billion and crossings were recorded in CIC, Singer, NDB, Sampath Bank and Dialog Axiata.

Colombo Stock Exchange closed flat with the ASPI down 0.02% to 22,377 and the S&P SL20 up 0.05% to 6,222; top gainers included Sunshine and Commercial Bank, while Singer and Sampath Bank were among the laggards.

HNB PLC has partnered with Singer (Sri Lanka) PLC to expand access to John Deere tractors via HNB leasing, offering special equal structured rentals. Customers also get a waived first-year credit card fee, discounted vehicle insurance and eligibility under the Govi Saviya product.

Singer (Sri Lanka) reported a 77.5% rise in quarterly profit to Rs2.39bn for the March 2026 quarter. Group revenue rose 47% to Rs35.7bn, driven by strong home appliances performance and a 77% jump in financial services PBT; EPS was Rs2.05.

Colombo Stock Exchange closed slightly lower—ASPI down 0.07% at 22,298 and S&P SL20 down 0.21% at 6,148, with turnover Rs.2.32bn. Top contributors included Dialog, Vallibel One, Colombo Dockyard and Browns; Singer reported Q4 profit up 77% to Rs.2.48bn and Union Chemicals declared a Rs.44/share dividend.

Singer Sri Lanka PLC has launched the new Apple MacBook Neo Series in Sri Lanka, priced from Rs. 289,999. The laptops are available at Singer showrooms and online with convenient payment options.

Singer (SINS.N0000) will acquire ACME Printing and Packaging PLC's factory premises in Piliyandala for Rs. 630,000,000 under a sale-purchase agreement dated April 28, 2026. Singer says the purchase is intended to expand its local manufacturing business.

Colombo Stock Exchange was up midday with the ASPI +0.05% at 22,631.02 and S&P SL20 +0.22% at 6,243.14. Top contributors included Sampath, Commercial Bank and Ceylon Guardian, while Vallibel One and Janashakthi lagged; turnover was Rs2.2bn and Singer agreed to buy ACME's Piliyandala factory for Rs630mn.

Singer (Sri Lanka) agreed to buy ACME Printing and Packaging's Piliyandala factory for Rs630 million to expand its local manufacturing. ACME said the sale is part of its restructuring; Singer reported a 47% rise in December-quarter profits to Rs2.1 billion.

Nations Trust Bank will take over HSBC's Sri Lanka retail banking operations and the Rs.18 billion portfolio effective 1 May, with services expected to resume from midday 2 May after a system migration blackout. HSBC will suspend various services from 24 April and fully cut access from 7 p.m. on 30 April.

Colombo Stock Exchange rose with the ASPI up 0.85% to 22,451.60 as global markets rallied. Top contributors included Carson Cumberbatch, Royal Ceramics, John Keells and Hemas while LOLC, DFCC and Singer were negatives; Hatton National Bank announced listings of 4,249,706 voting and 1,251,268 non-voting shares.

Singer Sri Lanka PLC (SINS.N0000) and Kapruka Holdings PLC (KPHL.N0000) have formed a strategic partnership to list Singer’s consumer electronics and homeware on Kapruka’s Partner Central platform with price parity to Singer showroom prices. The arrangement gives Singer access to Kapruka’s delivery network and large expatriate customer base.

ASPI fell 1.2% (258.31 pts) for the week and the S&P SL20 dropped 2% (124.30 pts); market turnover was about Rs.1.77bn with net foreign outflows of Rs.68.2m, while breadth was positive and activity was led by capital goods, banks, materials and food & beverage names.

Dividend · Rs 0.85 · XD Apr 15, 2026

Fourth Interim dividend of LKR 0.85/share; XD 2026-04-15; record 2026-04-15; payable 2026-04-28; FY 2025/2026

Singer Sri Lanka (SINS) has partnered with Kapruka Holdings (KPHL) to sell Singer's consumer electronics and homeware on Kapruka's Partner Central platform with a price-parity guarantee. The tie-up gives Singer access to Kapruka's delivery network and over one million expatriate customers.

CSE extended its rebound as the ASPI rose 3.79% (797.62 pts) to 21,868.85, with market value gaining Rs.284.1 billion in the session and recouping about 48% of the Rs.1.1 trillion loss since the Middle East conflict began. Commercial Bank, Hatton National Bank, Melstacorp, John Keells and Hayleys led gains; turnover topped Rs.6.4bn and foreigners were net sellers (Rs.525m).

ASPI fell 1.33% to 20,364.97 as the market reacted to Middle East tensions and rising crude oil prices. Market turnover was Rs.2.37bn, the market has lost over Rs.1.1tn since 28 Feb, primary negative contributors were DOCK, JKH, RIL, DIAL and CFIN, while JKH, SINS and DIAL saw largest foreign outflows and PKME, WIND and TAP largest inflows.