Serendib Hotels PLC appointed banking veteran Janakan Selvaratnam as an Independent Director. He has 25 years at Citibank Sri Lanka, consults to Sampath Bank's Board Credit Committee, and serves on the boards of Eden Hotel Lanka and Palm Garden Hotels.
Serendib Hotels Ltd
SHOT.N0000Hotels & Tourism · Hotels/Resorts/Cruise lines
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 3.4B | Rs 592.4M | 1.17 |
| 2024 | Rs 2.9B | Rs 559.7M | 0.95 |
| 2023 | Rs 1.4B | Rs -451.6M | -0.94 |
| 2022 | Rs 636.4M | Rs -590.6M | -5.02 |
| 2021 | Rs 587.2M | Rs -483.4M | -4.09 |
| 2020 | Rs 1.6B | Rs -121.3M | -1.24 |
| 2019 | Rs 2.0B | Rs 102.4M | 0.35 |
Recent dividends
No dividend records.
About Serendib Hotels Ltd
Serendib Hotels PLC is a Sri Lanka-based hospitality company engaged in the operation and management of hotels and related leisure services for domestic and international travellers. The Group focuses on delivering guest experiences that combine accommodation, cultural programming and leisure offerings tailored to the leisure and tourism market. Its guest experience activities include curated local experiences such as traditional cuisine, cultural performances and artisan collaborations, alongside marketing and distribution partnerships with destination management companies (DMCs), foreign tour operators (FTOs) and travel platforms across India, Europe and the Middle East. The Company participates in international trade shows and tourism board initiatives to improve market visibility and penetration. The Company is managed operationally by Serendib Leisure Management Limited and forms part of the Serendib Group, with LOLC Holdings PLC identified as the ultimate parent. Serendib Hotels PLC pursues sustainability and resilience measures, including water and energy conservation, waste reduction, reduction of single-use plastics, pursuit of green certifications and renewable energy adoption, and follows a formal risk management framework aligned with ISO 31000.
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Describes news flow, not a forecast1 article in 30 days: 0 positive, 0 negative, 1 neutral.
Serendib Hotels PLC has appointed Minor Hotel Group CFO Wayne Williams as a Non-Executive Director. Williams brings nearly 20 years at Minor International and experience from a hotel group operating over 560 hotels and generating more than $5bn in revenue.
Brown & Company PLC reported FY25 consolidated revenue of Rs. 107.82 billion and PBT of Rs. 25.88 billion, with total assets of Rs. 752.69 billion. The Group completed major East Africa Lipton plantation acquisitions, took controlling stakes in Sierra Cables and Tea Smallholder Factories, and saw strong results across its plantations and hospitality units.
Hotels & Tourism sector: what is happening
Last 30 days to Aug 4, 2026Tourism 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.
The stories behind it
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.