Colombo Stock Exchange trended up with the ASPI rising 117.10 points (0.56%) to 20,934.92 by mid‑morning and the S&P SL20 up 0.45% at 5,922.74. Top contributors included Singer, Ceylon Cold Stores, LOLC Finance and Dialog; turnover was Rs.186.49m and People's Leasing said it allotted its fully subscribed Rs.10bn listed debentures.
Power & Energy · Oil Refining/Marketing
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.
LGL shares are down 21.3% over the past year and last closed at Rs 43.30 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.0 | -5.0 | -18.3 | +11.3 | -6.8 | -8.8 | -6.9 | -9.1 | -1.4 | +0.0 | +0.0 | +0.0 |
| 2025 | +3.9 | -14.0 | -0.7 | -2.7 | +5.3 | -11.0 | +27.3 | -3.5 | +68.9 | +21.3 | -0.6 | +5.1 |
| 2024 | +4.7 | -4.8 | -3.9 | +11.0 | -4.7 | +1.1 | -8.1 | -2.7 | +3.0 | +5.6 | -5.8 | -2.4 |
| 2023 | +28.8 | +28.9 | +9.7 | -12.0 | -4.0 | -4.6 | +44.5 | +1.8 | +5.3 | -7.0 | +7.6 | +1.4 |
| 2022 | -1.2 | -11.8 | -1.0 | -17.9 | +30.0 | -5.0 | +3.3 | -14.7 | +7.0 | -3.5 | -7.9 | -11.4 |
| 2021 | +4.5 | -18.8 | -5.8 | -9.0 | +24.4 | -5.0 | -16.2 | -0.5 | +18.4 | +11.6 | -17.9 | +16.5 |
| 2020 | -9.7 | -20.9 | -28.0 | +0.0 | +0.0 | +21.5 | -6.1 | -3.2 | +14.8 | -0.6 | +12.4 | +38.7 |
| 2019 | -5.9 | -4.0 | +0.0 | +0.0 | -2.4 | -0.6 | +4.8 | -5.8 | -1.8 | +8.1 | +6.4 | -4.9 |
| 2018 | +10.6 | +23.1 | +10.9 | -24.8 | -10.1 | -16.7 | -11.5 | +1.7 | -0.6 | +2.8 | -2.2 | +4.4 |
| 2017 | -7.1 | -3.2 | -4.6 | +3.4 | -6.7 | +0.0 | -0.7 | -6.5 | -1.9 | -6.3 | -2.9 | +1.3 |
| 2016 | -6.5 | +0.5 | -7.4 | +15.0 | -1.2 | -9.8 | +2.7 | -3.9 | -4.1 | -0.6 | -3.2 | +0.3 |
| 2015 | -3.7 | -1.5 | -6.3 | +11.1 | +2.3 | -4.6 | +8.7 | -1.2 | -5.7 | +11.4 | -8.0 | +2.5 |
| 2014 | +18.0 | -3.6 | +0.6 | +10.2 | +0.0 | -10.9 | +9.4 | +13.5 | +2.0 | +1.2 | -2.0 | +1.0 |
| 2013 | +5.5 | -10.7 | +1.7 | +8.2 | +15.1 | -15.1 | +2.3 | -1.9 | +1.9 | +12.1 | -2.0 | -2.4 |
| 2012 | +0.0 | +0.0 | +0.0 | -7.0 | -24.6 | +13.3 | -2.9 | +19.6 | +24.4 | -10.1 | -10.2 | +7.1 |
| Average | +2.9 | -3.3 | -3.8 | -0.2 | +1.2 | -3.7 | +3.4 | -1.1 | +8.7 | +3.3 | -2.6 | +4.1 |
| 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 | +1.5 | -4.4 | -2.4 | +1.7 | -1.8 | -5.0 | +2.3 | -2.7 | +2.0 | +2.0 | -2.6 | +1.4 |
| % up | 50% | 21% | 29% | 50% | 36% | 20% | 53% | 27% | 60% | 57% | 21% | 71% |
Fundamentals
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 44.2B +41.6% | Rs 31.2B +38.5% | Rs 22.5B -34.9% | Rs 34.6B -2.6% | Rs 35.5B +30.6% | Rs 27.2B +9.2% | Rs 24.9B +16.7% | Rs 21.4B +18.2% |
| Operating profit | Rs 701.0M -78.2% | Rs 3.2B -32.8% | Rs 4.8B | Rs -2.3B | Rs 1.2B +317.0% | Rs 286.8M +65.9% | Rs 172.9M +375.4% | Rs 36.4M -96.5% |
| Net profit | Rs -2.5B loss widened | Rs -958.8M fell into loss | Rs 2.2B turned profitable | Rs -4.0B loss widened | Rs -658.3M loss narrowed | Rs -1.7B loss widened | Rs -1.0B loss narrowed | Rs -1.3B loss widened |
| EPS | -6.56 | -2.52 | 5.74 | -10.54 | -1.77 | -4.44 | -3.45 | -3.44 |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2012Rs 1.50
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | LIOC.N0000 | 130.50 | Rs 69.5B | 7.1 | 0.74 | 18.34 | 10.44% | 3.83% |
| 2 | LGL.N0000 · this company | 43.30 | Rs 16.2B | - | - | -9.32 | -118.21% | 0.00% |
| Sector median · 11 companies | - | - | 24.7 | 1.86 | - | - | 1.43% |
About LAUGFS Gas PLC
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.
AI analysis
bearishLAUGFS Gas remains deeply loss-making, with the latest quarter showing weak operating profitability and negative equity. The share has still gained 36.2% over one year, creating a sharp gap between market performance and financial health.
Read the full report (Aug 14, 2026) →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 1 positive, 1 negative, 0 neutral.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Sri Lanka's ASPI rose 0.17% to 21,657.17 in early trading while the S&P SL20 gained 0.54% to 6,091.65 on turnover of Rs 446 million. Several firms were placed or moved to the watchlist for non-submission of FY2026 annual reports (SHL, HELA, MEL, LGL, EXT, BFN, TESS, EMER); top gainers included DIAL, HNB, COMB, AEL, ACL and top losers HAYC, DOCK, BIL, CCS.
Colombo Stock Exchange rose as the ASPI gained 0.39% (83.87 pts) to 21,508.86, with banks leading turnover at Rs 41.8 million. Dilmah Ceylon Tea Company proposed a first and final dividend of Rs 25 per share for the year ended March 31.
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.
Colombo Stock Exchange ASPI rose 44.99 points (0.20%) to 22,452.03 as gains in Sampath Bank, Central Finance, Colombo Dockyard and others lifted the market; turnover was Rs.349 million. Lee Hedges completed sale of land and premises to Amana Bank for Rs.2.7 billion on June 25, and both stocks traded higher.
LAUGFS Gas PLC said domestic LPG prices will remain unchanged for June, keeping the Colombo District 12.5 kg cylinder at Rs. 6,245 as it absorbs higher global procurement, freight and rupee-depreciation costs. Litro Gas Lanka also held May prices for June, keeping its 12.5 kg cylinder at Rs. 4,765.
LAUGFS Gas PLC's Director/Cluster CEO Dr. Niroshan J Pieries and LAUGFS Holdings' Group Executive Vice Chairman Mithila Wegapitiya received the 45 Under 45 Leadership Excellence Platinum Awards from the Global CEO Forum. The recognition highlights the group's focus on leadership, innovation and digital transformation.
Sri Lanka raised retail fuel prices effective May 31 (Auto Diesel +Rs15 to Rs407/L; Octane 92 +Rs24 to Rs434; Super Diesel +Rs20 to Rs478; Super Petrol +Rs25 to Rs495; Kerosene +Rs20 to Rs285), as the fuel import bill more than doubled to US$886m in April and prices near 2022 crisis levels.
Power & Energy sector: what is happening
Last 14 days to Sep 30, 2026Rising global oil prices prompted a Rs41 billion diesel subsidy for Oct-Dec and Rs17.2 billion in electricity-bill relief, cushioning end-user energy costs while increasing reliance on budget support rather than tariff cost recovery. New rooftop solar applicants were shifted to Net Plus, limiting grid-cost cross-subsidies by requiring users to meet their own nighttime demand. The sector also advanced a four-block Mannar Basin oil and gas licensing round.
The stories behind it
Auto-generated from 34 sector news articles over 14 days. Not investment advice.