Company filings and market news from across Sri Lanka's stock market.
LANKATILES opened its 60th showroom in Borella (No. 85, Dr. N.M. Perera Mawatha, Colombo 08), expanding its retail presence to serve homeowners, architects and developers in a key urban corridor.
John Keells Holdings chair Krishan Balendra will lead a 19-member Sri Lankan corporate delegation to Mumbai for the India–Sri Lanka Business Forum on 13 May to engage Indian counterparts on trade, investment and partnerships. Sri Lanka and India have also discussed a proposed $450m post-conflict reconstruction package.
Sri Lanka recorded a primary surplus of Rs. 545.42 billion in Jan-Feb 2026 (up 66% YoY) and an overall Budget surplus of Rs. 169.71 billion, with revenues rising 35.5% to Rs. 1.03 trillion while expenditure growth was contained at 1.6%.
Colombo Port handled 761,096 TEUs in April 2026, a 22% year-on-year rise, with Jan–Apr throughput up 13.9% to 2,915,004 TEUs. The SLPA plans to invite EOIs this year for Phase II of the West Container Terminal to add over 3m TEU capacity, and an ADB-funded National Port Master Plan is due within a year.
RIUNIT hosted 'Driving Growth Through Real Estate: 10 Year Plan' at the Port City Sales Gallery on 5 May 2026 to launch a decade-long roadmap to attract international real estate investment. The forum, sponsored/attended by major developers including Prime Group and RIL Properties, focused on Port City, affordability and sector synergies.
Colombo Port City officials will travel to Dubai on June 11 to meet investors as they seek further foreign investment into the Colombo Port City economic zone.
Lanka Realty Investments (ASCO.N0000) reported FY26 pre-tax profit of Rs.2.92 bn, total assets of Rs.29.7 bn and NAV per share of Rs.51.40, driven by fair value gains and a value-accretive 51% acquisition of Lee Hedges; the enlarged portfolio and lower LTV support stronger recurring income.
The Cabinet designated six firms as Businesses of Strategic Importance under the Colombo Port City Economic Commission, expected to attract $14.6m in FDI over five years and create about 650 jobs. The firms will operate across IT, logistics, consultancy, public utilities, infrastructure and maritime technology and receive incentives under the law.
Cabinet approved Prime Melwa Port City Ltd and Home Lands Port City Ltd as primary Businesses of Strategic Importance, enabling $278m of combined investment to build luxury residential towers in Colombo Port City. Prime Melwa will invest $127.6m and Home Lands $150m, with about 1,170 jobs expected.
Cabinet approved moving ahead with procurement for five sub-projects under the $250 million ADB-funded Climate-Resilient Sustainable Water Supply and Sanitation Project. Planned works include upgrades to Ambatale and Jubilee water systems, a Kolonnawa non-revenue water initiative, a 20,000 m3 Lunugamvehera scheme and Jaffna wastewater management.
Sri Lanka and South Korea signed debt-restructuring amendment agreements covering 18 EDCF concessional loans totaling about $267 million. The move supports Sri Lanka's broader external debt restructuring and helps sustain development financing for ongoing infrastructure projects.
China has retooled its Belt and Road Initiative, with deals linked to the programme reaching a record $213 billion in 2025. The revamp emphasizes smaller projects, greater equity stakes (about 40% by 2025) and 'soft connectivity' to export standards, services and digital systems abroad.
ASPI rose 258.09 points (+1.13%) on 7 Jul as CSE turnover reached ~Rs.5.28 B; Industrial Asphalt jumped 40%, SMB Finance gained (non‑voting +33.33%, voting +25%), while Palm Garden Hotels fell 7.08% and foreign net outflow was Rs.22.32 M.
Colombo Stock Exchange closed up 1.13% as the ASPI rose 258.09 points to 22,997 with turnover of Rs 5.28 billion and materials leading turnover (Rs 1.38bn). SMB Finance announced CEO Supul Chamikara Wijesinghe will resign effective June 3.
Colombo Stock Exchange's ASPI rose 1.09% to 22,985 by midday, with market turnover at Rs 3.7 billion and the S&P SL20 up 0.80%. Top contributors were Central Finance Company, John Keells Holdings, Royal Ceramics Lanka and RIL Property, with the materials sector leading turnover at Rs 1.069 billion.
Colombo bourse rebounded as the ASPI rose 0.69% (155.47 pts) to 22,739.77 after Middle East developments pushed oil below $100, with turnover over Rs. 4.1bn and net foreign inflow of Rs. 62.4m. JKH, MELS and RIL were among top positive contributors while LIOC fell and REEF gained.
Sri Lanka and South Korea exchanged signed debt restructuring amendment agreements for 18 EDCF loans totaling about USD 267 million at the 2026 EDCF Policy Dialogue. Delegations reviewed ongoing infrastructure projects, discussed extending the 2018 EDCF Framework Arrangement, and signed a Minutes of Dialogue to guide future cooperation.
Cabinet approved two contracts totaling Rs. 2,025.97 million to rehabilitate 25.63 km of the Colombo–Galle–Hambantota–Wellawaya Road (A002). A 13.3 km Kamburugamuwa–Dewinuwara section was awarded to RR Construction Ltd for Rs. 1,207.74m and a 12.33 km Talalla–Kudawella section to Rathna‑Suhada JV for Rs. 818.23m.
Cabinet approved land acquisition for the long-delayed Kelani Valley railway modernisation (Maradana–Avissawella). Funds have been allocated to identify and acquire land across seven divisions and to compensate and relocate affected households.
Tempest PE Partners completed three deals: a minority investment in Acentura (enterprise software), a majority acquisition of The Grand Surf Hotel (leisure/beach club) and a RM30m raise for Malaysian-listed PTT Synergy to scale smart warehousing. Tempest will play an active advisory role supporting governance, KPIs and regional expansion.
ASPI rose 155.47 points (0.69%) to 22,739.77 while the S&P SL20 gained 31.89 points (0.51%) to 6,245.13. Gains were led by John Keells, HNB, Melstacorp and R I L Property; turnover was Rs.4.13bn with domestic investors 97.3% and a net foreign inflow of Rs.62.4m, led by high activity in Citrus Leisure and Janashakthi Insurance.
Colombo Stock Exchange rose as the ASPI gained 0.72% (162.12 pts) to 22,746 and the S&P SL20 was up 0.51% to 6,244, with turnover of 2 billion rupees. Top contributors included John Keells, Melstacorp and Lanka Realty while DFCC and Carson Cumberbatch lagged; Equity Two declared a 4.41 rupee dividend.
Sri Lanka and the Maldives pledged deeper economic cooperation at the Maldives–Sri Lanka Business Forum in Colombo, with Maldives announcing investment‑friendly reforms and leaders urging expansion of bilateral trade (US$137m in 2025), tourism, infrastructure and sector partnerships.
Sri Lanka's construction PMI eased to 57.1 in March 2026 from 70.3 in February, remaining in expansion, the central bank said. Firms reported limited fuel and raw materials, rising costs and logistics delays tied to the Middle East conflict, while new orders, hiring and purchases rose.
Dividend · Rs 4.41 · XD May 14, 2026
First Interim dividend of LKR 4.41/share; XD 2026-05-14; record 2026-05-14; payable 2026-06-03; FY Ended 31st March 2026
The Sri Lanka Construction PMI (Total Activity Index) was 57.1 in March 2026, indicating continued expansion at a slower pace. Respondents reported fuel and raw-material shortages, rising costs and transport delays linked to the Middle East conflict, while new orders, hiring and purchases continued to rise.
City of Dreams Sri Lanka is a USD 1.3 billion, 4.5 million sq ft integrated luxury resort developed by Melco Resorts and John Keells, combining Nüwa (113 rooms) and Cinnamon Life (687 rooms) with major entertainment, retail and MICE facilities to strengthen Colombo's tourism offering.