Hotels & Tourism · Hotels/Resorts/Cruise lines
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 5.6B | Rs 364.8M | 0.75 |
| 2025 | Rs 5.3B | Rs 551.2M | 1.14 |
| 2024 | Rs 5.3B | Rs 264.1M | 0.55 |
| 2023 | Rs 3.8B | Rs -552.5M | -1.14 |
| 2022 | Rs 2.0B | Rs -426.8M | -0.88 |
| 2021 | Rs 777.9M | Rs -758.2M | -1.57 |
| 2020 | Rs 1.8B | Rs -392.8M | -1.62 |
The Kingsbury PLC is a hospitality company that operates a premium five‑star city hotel in Colombo, principally delivering luxury urban accommodation and experiential guest services through The Kingsbury Colombo property. Its business centres on city hotel operations offering rooms, guest services and hospitality-led experiences to domestic and international travellers. The company’s core activities include accommodation, a developed Food & Beverage ecosystem featuring signature restaurants, bars, lounges, high tea and fine dining, and an events and banqueting proposition serving weddings, meetings, conferences (MICE), corporate gatherings and social events. The Kingsbury positions itself as a preferred venue for MICE and high‑value corporate hospitality while focusing on revenue optimisation and guest experience. The Kingsbury operates within the Hayleys Leisure Group framework and emphasises service excellence, brand strength, and responsible urban hospitality, embedding sustainability initiatives such as waste minimisation, water and energy stewardship into its operations.
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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.
Sri Lanka and Thailand plan to deepen trade and investment using the Sri Lanka–Thailand FTA and enhanced B2B engagement, targeting tourism, hospitality, food processing, agriculture, logistics and other sectors to boost bilateral ties and supply‑chain links.
The Kingsbury PLC obtained an enjoining order from the Colombo District Court on 8 June 2026 restraining former minister Wimal Weerawansa from republishing a video alleged to defame the hotel; the company sought Rs. 1 billion in damages and the case is listed for 22 June 2026.
Hayleys PLC secured a District Court of Kaduwela enjoining order preventing former MP Wimal Weerawansa from making or publishing defamatory statements about the company. Hayleys has sought Rs. 6 billion in cumulative damages; the matter is listed for hearing on 23 June 2026.
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.
Samara Perera was appointed as a Non-Executive Director of The Kingsbury PLC and Horana Plantations PLC. She has prior experience with Hayleys PLC and Vallibel One PLC.
Colombo Stock Exchange closed higher: ASPI up 0.98% (147.79 pts) to 15,168 and S&P SL20 up 0.82% to 4,535 on turnover of 5.4 billion rupees. Top contributors included Hayleys, Central Finance, C T Holdings and Sampath Bank, with a net foreign outflow of 94 million rupees.
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.
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