LOLC Holdings PLC reported a 49% increase in results from operating activities to Rs.71.5 billion for FY2026. Gross income rose 28% to Rs.430.3 billion, with the financial services segment contributing Rs.51.7 billion and strong gains across manufacturing, plantations and insurance.
LOLC Holdings PLC reported a 49% rise in results from operating activities to Rs. 71.5 billion for the year ended 31 March 2026, with gross income up 28% to Rs. 430.3 billion. Financial services (Rs. 51.7bn), stronger manufacturing/trading and a return to profitability in plantations underpinned the performance.
Sunshine Holdings reported consolidated FY26 revenue of Rs.65.9 billion, up 11.2% YoY. PAT was Rs.5.0 billion (down 2.5% YoY) as NMRA pricing cuts weighed on healthcare margins, and the group acquired a majority stake in Joint Agri Products Ceylon Ltd to bolster exports.
Pink Eagle Holdings (Pvt) Ltd is expanding its diversified group globally across tea exports, logistics, food manufacturing, hospitality and digital retail, highlighting Continental Tea's ADRA Ceylon 10th anniversary and launches such as the Avanti freight app and Pink Panda marketplace.
Sunshine Holdings (SUN) reported FY26 consolidated revenue of LKR 65.9bn, up 11.2% YoY, while PAT fell 2.5% to LKR 5.0bn and EBIT margins eased amid healthcare pricing pressure. The Group cited NMRA pricing cuts, acquired a majority stake in JAPC, and saw Watawala's palm oil revenue rise 23.6%.
The National Chamber of Exporters is pressing for a clear timeline as Sri Lanka's accession to the Madrid Protocol remains in the legislative phase, with the Legal Draftsman's Department finalising required statutory amendments and NIPO set to prepare an Action Plan once the draft is submitted. Joining the Madrid system would let exporters seek international trademark protection via a single application, lowering costs for sectors like tea, apparel, spices, gems, IT services and processed foods.
ICT/BPM export earnings reached about $581.7m in Jan–Apr 2026, surpassing tea export earnings of $451.58m in the same period. FITIS said the milestone reflects years of ecosystem development and supports Sri Lanka’s $15bn Digital Economy Vision to 2030.
Colombo Stock Exchange ASPI rose 0.50% to 22,310.80, with diversified financials leading turnover at Rs.3.89bn and total turnover Rs.7.38bn. Aitken Spence reported Q1 profit of Rs.3.81bn and declared a tax-exempt Rs.4.00/share dividend; Aitken Spence Hotel Holdings declared a Rs.0.28/share tax-exempt dividend.
Aitken Spence PLC's printing unit won the WorldStar 2026 Award for Luxury Packaging, the first Sri Lankan offset printer to win at WorldStar. The award was presented at the WorldStar ceremony in Düsseldorf during Interpack in May 2026.
ExportersConsumer Staples (FMCG)Tea & Plantation CropsRenewable Energy
ADRA Ceylon marks its 10th anniversary, having grown from a bulk exporter into a premium Ceylon tea exporter delivering to over 37 countries and securing certifications including ISO 22000, HACCP, Rainforest Alliance and FDA approval. The company plans 5–6 new international branches and further factory and product expansion.
Sri Lanka's total exports reached US$1,380.93m in April 2026 (up 6% y/y) and US$5,784.38m in Jan–Apr 2026 (up 4.3% y/y); merchandise exports rose 9.87% in April while services exports, led by ICT/BPM and financial services, also expanded.
Sri Lanka's merchandise exports rose 9.87% to $1,063.77m in April 2026. Growth was led by coconut-based products (up 23.49% to $92.17m, with activated carbon +58.32%), rubber products and processed food & beverages, while tea fell 6.82% and apparel fell 4.88%.
Government has invited Expressions of Interest to develop underutilised lands owned by JEDB, SLSPC and Elkaduwa Plantations, open to Sri Lankan investors with EOIs due by 11:00 a.m. on 30 June; property details posted on plantation.gov.lk.
Regenerative Agriculture Digital Resource Centres were handed over to the Tea Smallholdings Development Authority on 20 May to modernise Sri Lanka's smallholder tea sector through regenerative practices, digital learning and faster transfer of TRI research. Funded by Solidaridad and the Nucleus Foundation and based at Hanthana, the authority's head office and Walahanduwa, the centres will use digital tools and act as Training-of-Trainers hubs for smallholder capacity building.
Sri Lanka's tea exports fell 4% YoY to 78.3 Mn/Kg in Jan-Apr 2026, with export earnings down 5.64% to $451m and April volumes down 1.6% to 17.9 Mn/Kg. Analysts attribute the decline and a drop in FOB to $5.76/kg to shipping disruptions after the US–Iran escalation that hit Middle East routes.
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.
Fuel & Energy PricesExportersTea & Plantation CropsConsumer Staples (FMCG)
Economist Ganeshan Wignaraja said Sri Lanka should plan for an 18th IMF programme as the current programme ends in mid-2027 and large debt repayments fall due from 2028. He warned Cyclone Ditwah and the Middle East war have raised oil prices, hit remittances and tourism, and pushed the economy toward a slower-growth, higher-inflation scenario.
Fuel & Energy PricesTourismExportersTea & Plantation Crops
Ada Derana·May 20, 2026·Award or certification·TPLPositive
Talawakelle Tea Estates Plc has secured EU, USDA NOP and JAS organic certification for its Great Western and Logie teas, enabling it to market certified organic teas internationally. The company has dedicated organic fields, a Logie factory for organic production and an end-to-end management system to ensure compliance.
Government announced an additional Rs. 2.5 billion fertiliser subsidy for tea smallholders and growers as emergency relief amid Gulf-related cost pressures and adverse weather. Tea export earnings fell 5.22% YoY to $351.58m in 1Q 2026, with production and volumes also down.
Tea & Plantation CropsExportersFuel & Energy Prices
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.
Renewable EnergyExportersTea & Plantation CropsIT & Digital
Sri Lanka's tea production fell 8.5% year-on-year in April 2026 to 24.22 Mn/Kgs, with Low Grown output down 14.4%. January–April cumulative output dropped 5.3% to 83.94 Mn/Kgs, and Asia Siyaka Commodities cited dry weather and reduced fertiliser use by smallholders.
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.
CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.
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.
IT & DigitalTourismTea & Plantation CropsConsumer Staples (FMCG)