Abans Electricals PLC manufactures, assembles and sells household electrical and electronic appliances in Sri Lanka and provides associated repairs and maintenance services. Its operations span product manufacturing, after-sales service delivery through an island-wide network of authorised service centres, and the design, supply and installation of solar power systems including commercial and rooftop projects with grid connections.
The Company is a member of the Abans Group and operates manufacturing facilities that include an injection moulding plant producing plastic components for internal use and for external clients. Abans Electricals has implemented an enterprise resource planning (ERP) system and digitalised service operations to improve operational efficiency and customer experience.
ABAN screens reasonably valued at 9.15x earnings with solid profitability, but softening quarterly profits, a low 1.41% yield, and thin liquidity temper the case, pointing to a balanced risk reward.
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.
Consumer Staples (FMCG)Healthcare & PharmaIT & Digital
Ada Derana·Jan 14, 2026·Promotional / marketingNegative
Singer Sri Lanka PLC has partnered with HP to sell HP’s full range of laptops and printers through Singer’s islandwide retail and after-sales network. The launch includes Intel i3/i5/i7 laptops, HP Victus gaming series, printers and flexible payment plans available in stores and online.
IT & Digital
Ada Derana·Oct 20, 2025·Promotional / marketingNegative
Singer Sri Lanka (SINS.N0000) has opened pre-orders for Apple’s iPhone 17 series from 10 Oct 2025 ahead of the official launch on 22 Oct 2025, offering models across the lineup with payment plans and nationwide availability.
IT & Digital
Daily FT·Oct 14, 2025·Award or certificationPositive
Abans Group Director Dr. Saroshi Dubash received the 'Visionary Leadership in Organizational Excellence' award at the 15th Top 50 Professional & Career Women Global Awards on 9 October 2025.
IT & DigitalRenewable Energy
Daily FT·Sep 29, 2025·Award or certificationPositive
Abans Electricals MD Dr. Saroshi Dubash was honoured with the 'Sri Lanka Woman Leader' award at the World Women Leadership Congress & Awards on 10 September. The piece highlights her leadership across Abans, early e-commerce and digitisation initiatives, and the development of a sustainable Abans Logistics centre.
Singer Sri Lanka PLC launched the HONOR 400 and HONOR 400 Pro in Sri Lanka, priced at LKR 149,999 and LKR 199,999, and will sell them via Singer showrooms, authorized dealers and online.
First And Final dividend of LKR 10/share; XD 2024-09-26; record 2024-09-26; payable 2024-10-15; FY 2023/2024
Consumer & Retail sector: what is happening
Last 30 days to Aug 4, 2026
Consumer retail saw tighter standards and capacity moves. The Consumer Affairs Authority made SLS certification mandatory for all single-use sanitary towels from 8 October 2026, with import inspections. Pelwatte broke ground on a liquid milk plant in Kurunegala to expand fresh dairy. Exporters to the EU were briefed on EmpCo, PPWR and EUDR rules carrying penalties up to €2m or 4% of turnover. Indian SMEs held B2B sessions locally.