Hotels & Tourism · Hotels/Resorts/Cruise lines
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 11.4B | Rs 410.9M | 0.30 |
| 2025 | Rs 10.4B | Rs 85.3M | -0.10 |
| 2024 | Rs 10.8B | Rs 77.7M | -0.05 |
| 2023 | Rs 8.4B | Rs -332.8M | -0.63 |
| 2022 | Rs 4.1B | Rs -507.8M | -1.15 |
| 2021 | Rs 1.8B | Rs -2.2B | -4.02 |
| 2020 | Rs 5.6B | Rs 105.9M | -0.11 |
Asian Hotels and Properties PLC is a Colombo Stock Exchange listed hospitality and property company and the owner of Cinnamon Grand Colombo, the flagship property in the Cinnamon portfolio. The company operates premium urban hotel services from this landmark Colombo address, providing accommodation, food & beverage, events and other guest services. The Group's principal activities are hoteliering and property development: hoteliering covers the operation and management of Cinnamon Grand Colombo and associated hospitality services, while property development encompasses management, optimisation and development of the company's land and built assets. The company participates in capability development through the Cinnamon Hospitality Academy and is associated with the broader Cinnamon Hotels & Resorts family. Asian Hotels and Properties PLC operates in Colombo, Sri Lanka and is supported by its ultimate parent, John Keells Holdings PLC.
AHPL fell back into loss in the June quarter as operating margin dropped to -14.7%. Shares trade at 0.68x book near the 52-week low, leaving upside if margins recover.
Read the full report (Aug 3, 2026) →1 article in 30 days: 0 positive, 0 negative, 1 neutral.
Deputy Minister Eranga Weeraratne urged boards and CEOs to set the tone on data privacy and embed protection into digital systems from the start, calling for stronger digital literacy and investment in secure infrastructure as Sri Lanka expands digital services.
Mastercard is the Title Partner for the Data Privacy and Protection Summit 2026, scheduled for 23 July at Cinnamon Grand Colombo. With PDPA enforcement imminent, the summit will focus on data governance, AI-related risks and compliance issues relevant to hotel operators and other businesses.
A seminar on Beneficial Ownership compliance will be held on 22 July 2026 at The Kingsbury, Colombo to provide guidance on BO filings under the Companies Act No. 12 of 2025 and CBSL Direction 2 of 2026, highlighting the statutory BO filing deadline of 30 September 2026 and non-compliance risks.
Dividend · Rs 0.50 · XD Jun 5, 2026
Final dividend of LKR 0.5/share; XD 2026-06-05; record 2026-06-07; payable 2026-06-24; FY 2025/26
All companies on the Colombo Stock Exchange Main Board must adopt sustainability reporting under SLFRS S1 and S2 effective 1 January 2026. A seminar on ‘Sustainability Reporting for Corporates’ will be held 26 March 2026 at The Kingsbury to brief directors and senior executives.
Trans Asia Hotels PLC and Asian Hotels & Properties PLC appointed Hishan Singhawansa as a Non-Independent Non-Executive Director on their boards. Singhawansa is CEO of Cinnamon Hotels and Resorts and an Executive VP at John Keells Group; the article highlights Cinnamon Life, a $1.2bn integrated resort project.
Asoka Hettigoda was elected President of The Hotels Association of Sri Lanka and proposed raising the national tourism earnings target to USD 10 billion by 2030. He outlined plans to reach 6 million visitors, boost per-night spending by 30%, invest USD 50m/yr in marketing, and prioritize sustainability and industry unity.
Trans Asia Hotels PLC, Asian Hotels & Properties PLC and John Keells Hotels PLC appointed Nayana Mawilmada as a Non-Executive Director to their boards. Mawilmada is President of John Keells' Leisure and Property industry groups and has prior urban development and international development experience.
Dividend · Rs 0.50 · XD Jun 5, 2025
Final dividend of LKR 0.5/share; XD 2025-06-05; record 2025-06-05; payable 2025-06-25; FY 2024-25
Tourism showed a July rebound led by India: arrivals surpassed 1.3 million by late month, though year-to-date remains about 2% below last year. Sector receipts fell 12% in 1H. Authorities cut 2026 targets due to Middle East-linked air corridor disruptions. BIA handled 4.75 million passenger movements in 1H with 1.14 million tourist arrivals. The Cabinet approved leasing five underutilised Presidential Residences to private investors for tourism development.
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.