Company filings and market news from across Sri Lanka's stock market.
Rohan De Lanerolle has converted over 51 tea-bag machines—including 21 for Hindustan Unilever and 11 for Tata Tea—providing staple-free technology that lets Indian manufacturers meet FSSAI rules at about 7–8% of the cost of a new machine. Some Sri Lankan firms (George Steuart, Akbar Brothers) are beginning conversions while others lag.
The Export Development Board said adopting international standards is key to expanding Sri Lanka's organic exports, noting the sector contributes over $0.5 billion annually with 400+ certified exporters and 12,000 producers. NOCU held a Mar 4, 2025 workshop to align national standards with IFOAM and GB organic regulation under UKTP/FCDO support.
Laxapana Estate, managed by RPC Management Services of the Richard Pieris Group, produces up to 700,000 kg/year of western high-grown semi-orthodox black tea. The estate—historically linked to Maskeliya Plantations PLC—holds multiple quality certifications and runs sustainability and tourism initiatives.
Sri Lanka is reforming its organic agriculture laws to align its National Organic Standard with international rules to boost exports from a sector that contributes over $0.5bn annually and includes 400+ exporters and 12,000 producers. A national workshop on 4 March 2025 led by NOCU with ITC/UKTP and stakeholders refined amendments to improve market access for organic tea, coconut products, spices, rice, herbal products and nutraceuticals.
Sri Lankan government is expected to carry out a monkey census in mid-March to assess populations and prevent crop damage. The piece also notes an expected visit by India’s PM Modi in April and highlights bamboo ecosystem projects in Kenya as a potential model.
Vietnam's ambassador said Vietnam is seeking deeper trade and investment ties with Sri Lanka, with bilateral trade reaching about $300–350m in 2024; cooperation is planned across tourism, EVs, IT/digital, renewables, construction and the tea industry.
Experts warned Sri Lanka's wetlands remain in a deteriorating state and Colombo wetlands are still threatened by rapid development, poor waste management, invasive species and water diversions from irrigation and dams that alter salinity and harm biodiversity. They urged updated wetland mapping, Ramsar commitments and long-term restoration measures.
The Sri Lanka Export Development Board held a networking session for 100 new exporters where veteran industry leaders from gem & jewellery, tea, processed food, horticulture and fresh fruits stressed the importance of building long-term buyer relationships and sustainable supply chains.
National Tea Sales Average for February was Rs. 1,168.93, down Rs. 16.50 from January and Rs. 151.78 year-on-year; tea exports in 2024 rose 9.6% to $1.43 billion.
A 17-member Thai business delegation met with the Ceylon Chamber in Colombo on 3 March to explore trade and investment opportunities in food, agriculture and health and will conduct field visits to identify collaboration areas.
The Sri Lanka Export Development Board hosted a networking and knowledge-sharing session in Colombo for 100 new exporters across five sectors (gem & jewellery, tea, processed food, horticulture, fresh fruits), with panels from Ellawala Exports, Ramya Horticulture, Anverally & Sons, Dole Lanka and Ceylon Plant Food.
The Royal Thai Embassy and the Ceylon Chamber held a business forum on 3 March at the Kingsbury Colombo with a 17-member Thai delegation to explore trade and investment opportunities in food, agriculture, health and tourism; field visits will follow to identify collaboration areas.
EDB hosted a networking and knowledge-sharing session for 100 new exporters across Gem & Jewellery, Tea, Processed Food, Horticulture and Fresh Fruits to provide export insights and market strategies. A panel of industry leaders highlighted market-entry approaches, buyer relationships and sustainable supply-chain practices.
A workshop on 24 February in Colombo guided Sri Lankan exporters on accessing the Japanese market, focusing on apparel, tea, spices and coconut-based products; organised by ITC, EDB and FCCISL with funding from the Japanese government.
Sri Lanka has established a national Geographical Indications (GI) registry and handed over the first GI application for Ceylon Cinnamon, enabling producers to register and protect their products. The move follows EU GI registration for Ceylon Cinnamon (3 Feb 2022) and aims to expand protection to other markets.
A workshop on exporting from Sri Lanka to Japan was held on 24 Feb 2025 in Colombo (organized by ITC, EDB and FCCISL and funded by Japan) to brief 35 SMEs and exporters on market requirements and opportunities in apparel, tea, spices and coconut-based products.
Dilmah Ceylon Tea Company (CTEA.N0000) hosted its third Stronger Together event on 27 Feb to drive supply-chain sustainability and committed to align with the Science Based Targets initiative, noting supply-chain emissions account for 80% of its total; it also announced an online supplier self-assessment tool.
Sri Lanka has deployed over 4,700 Civil Security Force personnel to protect electric fences aimed at reducing human-elephant conflict. Since 2015 governments have spent Rs. 906 million to build 5,612 km of fences; the decade saw 3,477 elephants and 1,190 people killed, with 43 elephants and three people killed last month.
Participants in the 2025 Classic Car Rally, including 24 vintage car owners, stopped at Heritance Tea Factory — a former 19th-century tea factory now operating as a hotel — as a rally pit stop. Guests took part in tea-plucking experiences and dined while enjoying views of the surrounding tea estates.
Kotagala Kahata held its annual Tea Dansala at Adam’s Peak, serving complimentary cups of tea and jaggery to thousands of pilgrims and visitors throughout the pilgrimage season.
A Japan-funded programme and Colombo workshop helped 35 Sri Lankan SMEs and exporters in apparel, tea, spices and coconut products learn how to access the Japanese market. Organised with ITC, EDB and FCCISL, the session covered Japanese import requirements with input from JETRO, JICA and Mitsui & Co.
The National Intellectual Property Office opened a Local Geographical Indications (GI) Registry on 27 February 2025 to legally protect origin-linked products such as Ceylon Tea and Ceylon Cinnamon and boost their global marketability. The registry aims to prevent misuse of the 'Ceylon' name and strengthen export competitiveness.
Sri Lanka's pavilion at International Green Week 2025 in Berlin showcased 12 exporters of tea, cinnamon, spices and coconut products, partnering with IFC and the EU ACSIIS to promote PGI-certified Ceylon cinnamon and secure B2B contacts and buyers.
The National Intellectual Property Office opened the Local Geographical Indications (GI) Registry on 27 February 2025 to legally protect origin-linked products such as Ceylon Tea and Ceylon Cinnamon, aiming to boost authenticity, market access and guard against misuse of the 'Ceylon' name.
Sri Lanka's merchandise exports rose 3.51% to $1,004.82m in January 2025, led by a 21% jump in apparel to $460.22m and gains in tea, coconut products, spices and processed foods while rubber and electronic components fell. Top buyers were the US ($260m, +18%) and India ($81.9m, +43%).
The Presidential Secretariat ran a knowledge-exchange workshop on 25 at the Miloda Academy in Colombo to strengthen governance, financial discipline and anti-corruption in public enterprises. Around 100 senior officials from 20 state enterprises (including CEYPETCO, Lanka Sathosa, Milco and several plantations) attended.
Dividend · Rs 1.50 · XD Mar 7, 2025
Second Interim dividend of LKR 1.5/share; XD 2025-03-07; record 2025-03-09; payable 2025-03-27; FY 31 December 2024
Sri Lanka's total exports rose to US$1,334.19m in January 2025, with merchandise at US$1,004.82m (+3.51% y/y) and services at US$329.37m (+37.87%). Key gains came from Apparel (+21.08% to US$460.22m), coconut products, spices and services, while rubber, electronics and seafood exports declined.
ACCA Sustainability Reporting Awards 2024 named Hayleys PLC overall winner and Commercial Bank of Ceylon PLC overall runner-up. Listed firms recognised in sector categories included Talawakelle Tea Estates, Horana Plantations, Ceylon Cold Stores, Commercial Bank, Sampath Bank, Citizens Development Business Finance, Resus Energy, Hayleys Fabric, Haycarb, Diesel & Motor Engineering, JAT Holdings and Aitken Spence Hotels.
Sri Lanka sent over 80 exhibitors to Gulfood 2025 (17–20 Feb) to showcase tea, spices, coconut products, fruits and confectioneries as part of export promotion. The pavilion hosted networking with retailers/distributors, emphasized value-added products and cited a $19 million export target.