Nearly 29% (95.4m shares) of Commercial Credit & Finance PLC changed hands in a book-built block sale for about Rs.9 billion, boosting CSE turnover to Rs.12.2 billion; Commercial Credit closed at Rs.107.50 (up Rs.1.75).
Hotels & Tourism · Hotels/Resorts/Cruise lines
Waskaduwa Beach Resort PLC operates a luxury beachfront hospitality business centred on its flagship five‑star resort, Citrus Waskaduwa, located on Sri Lanka’s west coast with a 400‑metre beach frontage and 150 rooms.
CITW shares are down 28.6% over the past year and last closed at Rs 1.50 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.0 | +0.0 | -10.0 | +5.6 | +0.0 | -5.3 | -5.6 | -5.9 | +0.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +9.5 | -8.7 | -4.8 | +0.0 | +0.0 | +0.0 | +5.0 | +4.8 | -4.5 | +0.0 | +4.8 | -9.1 |
| 2024 | -15.4 | -4.5 | +9.5 | +19.1 | -4.0 | -4.2 | -8.7 | -4.8 | +25.0 | -16.0 | -4.8 | +5.0 |
| 2023 | -7.4 | +4.0 | +11.5 | -6.9 | -7.4 | +4.0 | +11.5 | +6.9 | -3.2 | -10.0 | -7.4 | +4.0 |
| 2022 | -2.6 | -10.8 | -42.4 | -15.8 | +0.0 | -6.2 | +13.3 | +76.5 | +0.0 | -16.7 | +16.0 | -6.9 |
| 2021 | -2.6 | -10.5 | -5.9 | -6.2 | -3.3 | +3.4 | +26.7 | -7.9 | +20.0 | -4.8 | -15.0 | +11.8 |
| 2020 | -10.3 | -3.8 | -30.0 | +0.0 | +0.0 | +12.2 | +2.2 | -10.6 | +0.0 | -16.7 | +5.7 | +5.4 |
| 2019 | +4.0 | -19.2 | +9.5 | -13.0 | -10.0 | +22.2 | +50.0 | +0.0 | -9.1 | +63.3 | +22.4 | -3.3 |
| 2018 | -10.5 | -5.9 | +0.0 | +6.3 | -8.8 | -3.2 | -3.3 | -13.8 | -4.0 | +37.5 | -15.2 | -10.7 |
| 2017 | -9.1 | -2.5 | -23.1 | +36.7 | -4.9 | +17.9 | -8.7 | -4.8 | -2.5 | -5.1 | -2.7 | +5.6 |
| 2016 | -22.4 | -15.6 | -13.2 | +51.5 | +0.0 | -14.0 | +25.6 | +3.7 | +5.4 | -13.6 | -7.8 | -6.4 |
| 2015 | -2.9 | -13.4 | -12.1 | +5.9 | +0.0 | -1.9 | +26.4 | -11.9 | -5.1 | -7.1 | +15.4 | -3.3 |
| 2014 | +6.8 | -11.4 | +8.6 | -7.9 | -4.3 | -1.5 | +4.5 | +8.7 | +9.3 | -2.4 | -13.7 | +0.0 |
| 2013 | -1.6 | -12.7 | -3.6 | +26.4 | +9.0 | -4.1 | -5.7 | -10.6 | +6.8 | +9.5 | -7.2 | +15.6 |
| 2012 | +0.0 | +0.0 | +0.0 | -11.6 | -34.5 | +60.0 | -18.2 | +11.1 | +3.8 | -15.7 | -20.0 | +14.3 |
| Average | -4.6 | -8.2 | -7.6 | +6.4 | -4.9 | +5.3 | +7.7 | +2.8 | +2.8 | +0.2 | -2.1 | +1.6 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | -2.8 | -9.6 | -5.3 | +2.8 | -3.7 | -1.5 | +4.5 | -4.8 | +0.0 | -6.1 | -6.0 | +2.0 |
| % up | 21% | 7% | 29% | 50% | 7% | 40% | 60% | 40% | 40% | 21% | 36% | 50% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 1.2B +0.9% | Rs 1.2B +11.8% | Rs 1.1B +45.6% | Rs 749.3M +113.6% | Rs 350.8M +47.0% | Rs 238.6M -61.7% | Rs 623.3M -21.7% | Rs 795.7M +14.7% |
| Operating profit | Rs 26.3M -63.5% | Rs 72.0M | Rs -56.3M | Rs -204.0M | Rs -183.0M | Rs -173.4M | Rs -54.8M | Rs 88.6M +225.9% |
| Net profit | Rs -178.3M loss widened | Rs -169.2M loss narrowed | Rs -408.1M loss narrowed | Rs -708.2M loss widened | Rs -340.5M loss widened | Rs -335.2M loss widened | Rs -252.5M loss widened | Rs -213.3M loss narrowed |
| EPS | -0.19 | -0.19 | -0.73 | -1.26 | -0.61 | -0.60 | -0.50 | -1.06 |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
No dividend records.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | EDEN.N0000 | 9.30 | Rs 14.7B | - | 0.86 | -1.19 | -10.65% | 0.00% |
| 2 | LHL.N0000 | 62.10 | Rs 2.9B | 13.8 | 0.91 | 4.51 | 6.27% | 4.83% |
| 3 | STAF.N0000 | 39.30 | Rs 2.5B | 20.6 | 0.53 | 1.91 | 2.57% | 0.00% |
| 4 | CITH.N0000 | 4.50 | Rs 2.4B | 1,323.5 | 0.53 | 0.00 | -0.32% | 0.00% |
| 5 | RHTL.N0000 | 21.10 | Rs 2.3B | 10.3 | 1.06 | 2.04 | 10.28% | 0.00% |
| 6 | RPBH.N0000 | 40.10 | Rs 2.0B | 13.9 | 0.68 | 2.88 | 4.90% | 0.00% |
| 7 | TANG.N0000 | 99.70 | Rs 2.0B | 10.0 | 0.56 | 10.01 | 5.63% | 0.00% |
| 8 | BERU.N0000 | 2.70 | Rs 1.9B | - | 5.33 | -0.13 | -0.60% | 3.57% |
| 10 | CITW.N0000 · this company | 1.50 | Rs 1.4B | - | 0.69 | -0.28 | -13.26% | 0.00% |
| Peer median · 10 companies | - | - | 17.2 | 0.88 | - | - | 0.00% |
About Waskaduwa Beach Resort PLC
Waskaduwa Beach Resort PLC operates a luxury beachfront hospitality business centred on its flagship five‑star resort, Citrus Waskaduwa, located on Sri Lanka’s west coast with a 400‑metre beach frontage and 150 rooms. The resort provides accommodation, multiple food & beverage outlets, spa services, extensive gardens, banquet and event facilities tailored to both leisure and business travellers. The company’s operations encompass hotel room operations, F&B and banquet services, events and MICE (meetings, incentives, conferences and exhibitions), and related guest experience services, supported by digital and B2B marketing and collaborations with destination management companies. Management has pursued guest experience upgrades and a refurbishment programme, and is engaging with international operators about possible membership‑club partnerships. Waskaduwa Beach Resort PLC is described in the report as the flagship property of the Citrus Group and focuses on serving regional and domestic tourism markets while participating in international travel fairs and industry channels to attract higher‑value guests. Its operations and initiatives also include supplier procurement, energy‑efficiency measures and hospitality training programmes for local workforce development.
AI analysis
bearishCitrus Waskaduwa recorded a LKR 161 million June-quarter loss during a partial closure for refurbishment. The discount to book value is outweighed by weak liquidity and debt servicing pressure.
Read the full report (Sep 2, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
Colombo market fell for an eighth session as ASPI dropped 0.60% (130.78 pts) to 21,697.72 amid renewed Middle East tensions, with turnover over Rs.1.4bn and foreign net outflow of Rs.91.7m. Declines were led by Commercial Bank, Melstacorp, Hayleys and John Keells, while capital goods, food & beverage and banking drove turnover.
Colombo market fell for a second day as ASPI slipped 0.39% to 22,177.65 and the S&P SL20 eased 0.32% to 6,130.65 on turnover of Rs.2.01bn. Notable moves: Ceylon Cold Stores, Haycarb and Pan Asia Banking gained, John Keells was flat, with mixed or retail interest in several other stocks.
Colombo bourse rebounded as the ASPI rose 0.69% (155.47 pts) to 22,739.77 after Middle East developments pushed oil below $100, with turnover over Rs. 4.1bn and net foreign inflow of Rs. 62.4m. JKH, MELS and RIL were among top positive contributors while LIOC fell and REEF gained.
Colombo stocks rose 0.25% as foreign investors turned net buyers after a 21-session selling streak, recording a net inflow of Rs. 19.8 million and lifting the ASPI 55.45 points to 22,625.48. Top contributors included CINS, BUKI, CFIN, MELS and NHL, while consumer services led turnover and oil price moderation supported sentiment.
The ASPI fell 0.89% (203.26 pts) to 22,570.03 as Middle East tensions and higher global oil prices weighed on the Colombo bourse. RIL Property, C T Holdings, Commercial Bank and Browns Investments were among top negative contributors while Hikkaduwa Beach Resort and other tourism counters saw notable retail turnover.
The ASPI closed at 23,992.11, up 0.13% (31.95 pts) after hitting an intraday high of 24,068.22, with turnover over Rs.6.9bn and foreign net outflows of Rs.480.2m. Capital goods led turnover (Rs.1.91bn) with John Keells and ACL Cables among top contributors while market breadth remained weak.
Colombo stock market rose for a third straight session, gaining Rs.119.7 billion as the ASPI climbed 1.76% to 22,422.43; capital goods and materials led turnover, with JKH down to Rs.20.90 while DOCK, SIRA and AEL advanced.
Hotels & Tourism sector: what is happening
Last 14 days to Sep 30, 2026Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.
The stories behind it
Auto-generated from 6 sector news articles over 14 days. Not investment advice.