Power & Energy · Oil Refining/Marketing
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 44.2B | Rs -2.5B | -6.56 |
| 2024 | Rs 31.2B | Rs -958.8M | -2.52 |
| 2023 | Rs 22.5B | Rs 2.2B | 5.74 |
| 2022 | Rs 34.6B | Rs -4.0B | -10.54 |
| 2021 | Rs 35.5B | Rs -658.3M | -1.77 |
| 2020 | Rs 27.2B | Rs -1.7B | -4.44 |
| 2019 | Rs 24.9B | Rs -1.0B | -3.45 |
LAUGFS Gas PLC is an integrated LPG company engaged in the sourcing, storage, bottling, distribution and marketing of liquefied petroleum gas for households and industries in Sri Lanka and selected regional markets. The Group operates across the full LPG value chain and provides retail services through a large dealer network and customer-facing initiatives such as a One Hour Delivery service. The Group’s operations comprise energy distribution in Sri Lanka, maritime and terminals-based transportation and logistics services (including owned and chartered LPG vessels and storage terminals), regional LPG trading activities undertaken through entities such as SLOGAL Energy DMCC, and a property business that manages rentable space and related facilities under LAUGFS Terminals. The Group pursues regional expansion in nearby markets including the Maldives and Bangladesh and is exploring opportunities in Southeast Asia and Africa. LAUGFS Gas emphasises service reliability, safety and operational efficiency across its clusters, supporting both domestic energy security and regional LPG logistics and trading requirements.
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LAUGFS Gas PLC cut its 12.5 kg domestic LP gas cylinder price by Rs.1,280 to Rs.4,965 (5 kg down Rs.512 to Rs.1,988). Litro Gas Lanka also reduced domestic LP gas prices (12.5 kg down Rs.300 to Rs.4,465), citing lower international LP gas prices and promising uninterrupted supply.
Sri Lanka cut fuel prices effective June 30: Auto Diesel down Rs25 to Rs382/litre and Octane 92 down Rs20 to Rs414. Prices had risen sharply since Feb, driving up transport and grocery costs and pressuring retailers and logistics.
EPF fully exited holdings in six CSE-listed companies in 2025 — Cargills Bank, Ceylon Hotels, Colombo Dockyard, Jetwing Symphony, LAUGFS Gas and Sierra Cables — and made one new investment, buying 40 million shares in Hemas Holdings; its listed equity count fell from 65 to 59.
LAUGFS Gas PLC has resumed filling at Hambantota and Mabima plants and is releasing about 30,000 LPG cylinders daily to restore market availability. The company says it will ensure uninterrupted supply over the festive season for households, hotels, restaurants and industrial users.
LAUGFS Gas (LGL.N0000) raised the 12.5 kg LPG cylinder price by Rs. 1,070 to Rs. 5,700; Litro raised the 12.5 kg price by Rs. 775 to Rs. 4,765. Both firms cited surging international LPG and freight costs and said shipments in transit will secure supply.
LAUGFS Gas (LGL.N0000) raised domestic LPG cylinder prices: 12.5 kg up Rs.300 to Rs.4,630 and 5 kg up Rs.120 to Rs.1,862, citing higher international LPG costs and tight supply; state-run Litro Gas implemented similar increases.
Government raised retail fuel prices across the board: Petrol Octane 92 +Rs24 to Rs317, Octane 95 +Rs25 to Rs365, Auto Diesel +Rs22 to Rs303, Super Diesel +Rs24 to Rs353, kerosene +Rs13 to Rs195. Lanka IOC mirrored CEYPETCO's increases.
LAUGFS Gas PLC says LPG supply is normalising after government support to operationalise its Hambantota Terminal; cargo shipments under a new supply arrangement have been secured and distribution restoration is under way.
Minister says there is no LP gas shortage after LAUGFS (LGL.N0000) halted supply for several days due to an operational limitation at Hambantota; LAUGFS is rerouting shipments and Lanka IOC/Litro (LIOC.N0000) has raised daily supply from 1,200 mt to 1,500 mt, with multiple shipments due.
Sri Lanka advanced renewables, launching a 250 MW/1000 MWh battery storage tender and clearing funding to integrate rooftop solar and virtual net metering. The government also advanced grid and storage projects and named Delft, Analaitivu and Nainativu as Green Energy Islands. Business groups pressed for policy, grid and pricing reforms. Fuel prices were held steady as CPC absorbed diesel losses.
Auto-generated from 19 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.