Company filings and market news from across Sri Lanka's stock market.
Sri Lanka's tea exports fell 17.3% YoY in March to $114.75m as the Middle East conflict disrupts shipments; Dilmah (CTEA.N0000), which derives about 30% of sales from the Middle East, reports logistics and fuel-cost pressures and is shifting into new markets.
Ambeon Capital PLC reported consolidated PAT of LKR 3,242 million for FY2025/26, up 104% YoY. Group revenue was LKR 19 billion (+12%), with strategic moves including increased stakes in DFCC (9.91%) and Seylan (9.93%), a 13.33% holding in Ceylon Hotels and a planned controlling stake in Harischandra Mills.
Colombo market closed marginally lower, with the ASPI down 0.07% at 22,298.07 while foreign investors were net buyers with inflows of over Rs.50 million. JKH.N0000, RICH.N0000, CIC.N0000, SAMP.N0000 and NDB.N0000 were among the top negative contributors; capital goods led turnover and banking plus food, beverage & tobacco made up 27% of turnover.
Coca-Cola marks its 140th global anniversary and 65 years in Sri Lanka, launching the "Thank You for Always Picking Coca-Cola" campaign and highlighting its community investments and local partnerships.
Baby Cheramy (Hemas Consumer Brands) partnered with the German Sri Lanka Friendship Hospital in Galle to install multilingual maternity signages and donated a three-month supply of newborn diapers as the first phase of a one-year NICU support partnership on January 30, 2026.
The Ceylon Chamber of Commerce will host the Sri Lanka Climate Summit 2026 on 9 June 2026 at Taj Samudra, shifting focus to implementation, technical readiness and climate-linked finance. Platinum sponsors include Commercial Bank and Dilmah Tea; strategic sponsors include Nestlé Lanka, Cargills and Colombo Stock Exchange.
Binod Chaudhary said he remains a long-term investor in Sri Lanka and is encouraged to expand his group's businesses after meeting President Anura Kumara Dissanayake. He urged the government to be flexible and aggressive in promoting the private sector, citing hospitality and financial services interests.
Sri Lanka's manufacturing PMI fell to 42.6 in April from 66.7 in March, signaling a contraction. CBSL said declines in new orders, production and employment were driven by fading festive demand, fewer working days and seasonal layoffs, while suppliers' delivery times lengthened due to holiday disruptions and West Asia conflict.
Asian stocks fell as drone attacks in the Gulf pushed Brent above $111/bbl and global bond yields higher (US 10-year ~4.63%), raising inflation and tightening risks; Nvidia and major retail earnings this week will test equity resilience.
Ambeon Capital's subsidiary Ambeon Essentials closed its mandatory offer for Harischandra Mills with acceptances representing a 51.11% controlling stake at Rs.3,400 per share. The controlling stake was valued at ~Rs.3.34 billion (total equity ~Rs.6.5 billion); Hayleys was the top shareholder with 40.58%.
Colombo Stock Exchange closed lower as ASPI fell 2.59% (592.28 pts) to 22,313.47. Brokers cited broad selling with John Keells, RIL Property, Hayleys, Commercial Bank and Colombo Dockyard weighing on the index while Ceylinco Insurance was a positive contributor; Lion Brewery and Ceylon Beverage reported higher quarterly profits.
Zellers ran an AI-powered Avurudu Kumara and Kumariya contest with over 450 entries and a two-hour live voting finale, crowning Contestant 116 (Anji) and Contestant 377 (Ivory Cocoa) as winners; the relaunched Maliban brand used animated Facebook finalists to boost engagement.
Bairaha Farms PLC (BFL.N0000) has achieved ISO 14064 GHG Verification with a “reasonable level of assurance” at the organizational level. The certificate was issued under the Sri Lanka Climate Fund and presented in early 2026, positioning the company for greater ESG transparency and export-market credibility.
Dividend · Rs 22.90 · XD May 26, 2026
Second Interim dividend of LKR 22.9/share; XD 2026-05-26; record 2026-05-26; payable 2026-06-15; FY 2025/26
Sri Lanka must pivot its export strategy toward India after US tariffs and the EU–India FTA eroded Western market advantages; Sri Lanka exported $1.07bn to India in 2024 versus $4.32bn in imports, and February 2026 exports rose 48% YoY to $264m.
The Sri Lankan rupee has fallen more than 5% so far this year, risking higher inflation and possible monetary tightening that would raise borrowing costs; rising import, fuel and medicine prices threaten household purchasing power and could drag on growth.
Branding in Sri Lanka is shifting toward people-centered co-creation supported by AI—with nearly 90% of digital content ignored—offering opportunities for firms (e.g., Dialog Axiata) and hotel, tea and consumer brands to use community-driven storytelling and creator networks.
LG Electronics showcased region-specific laundry, kitchen and AI-powered home solutions at LG InnoFest 2026 APAC in Busan, and outlined ThinQ ON rollout (starting with Australia and Thailand) plus expansion of its LG Subscribe appliance subscription across key Asian markets.
Dividend · Rs 3.35 · XD May 25, 2026
Final dividend of LKR 3.349/share; XD 2026-05-25; record 2026-05-25; payable 2026-06-12; FY 2025/26
Dividend · Rs 12.75 · XD May 25, 2026
Second Interim dividend of LKR 12.75/share; XD 2026-05-25; record 2026-05-25; payable 2026-06-11; FY 2025 - 2026
Dividend · Rs 2.67 · XD May 25, 2026
Final dividend of LKR 2.67/share; XD 2026-05-25; record 2026-05-25; payable 2026-06-12; FY 2025/26
Harischandra Mills PLC appointed four new directors, effective 12 May 2026, following Ambeon Capital PLC’s acquisition of a controlling stake via its subsidiary Ambeon Essentials. Appointments are Sujeewa Mudalige, Dr. Sajeeva Narangoda, Savanth Sebastian and Aravinda de Silva (representing Ambeon Essentials).
Ambeon Essentials (a subsidiary of Ambeon Capital PLC) has appointed Dr. Sajeeva Narangoda, Aravinda de Silva, Savanth Sebastian and Sujeewa Mudalige to the Board of Harischandra Mills PLC with effect from 12 May.
Beauty by Rosh served as the official makeup sponsor for Karla Špetić’s Resort 2027 'COMPOSE' show at Australian Fashion Week 2026. Founder Rosh Kumarasinghe attended and the brand has a second AFW sponsorship scheduled, marking the first Sri Lankan founder to sponsor an AFW show.
Sysco reported Q3 FY2026 sales of USD 20.5 billion (up 4.7% YoY) and adjusted net earnings of USD 452 million, reaffirming full-year adjusted EPS guidance at the high end of $4.50–$4.60, with Sysco LABS Sri Lanka credited for driving digital and supply‑chain efficiencies.
Colombo Academy of Hospitality Management held the Grand Finale of the CAHM – 7 Star Junior Chef Competition Season 01 on 9 May at SLIIT Malabe; Shamha Nazim was crowned winner and awarded LKR 100,000 plus a LKR 2.5 million scholarship to study at CAHM under the William Angliss Institute pathway.
Rockland Group appointed Tharindra Kulasinghe as a Non-Executive Director effective immediately; he will continue as Chief Information Officer of Capital Alliance PLC and brings over 16 years of technology and digital experience.