Diversified Holdings · Industrial Conglomerates
Aitken Spence PLC is a diversified conglomerate active across tourism, maritime & logistics, strategic investments and services, with additional activities listed as cargo handling, printing & packing, garment manufacture, property development and estate management.
SPEN shares are down 15.4% over the past year and last closed at Rs 137.50 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6 | -0.9 | -12.3 | -0.2 | -1.3 | +12.2 | -9.6 | +2.2 | -3.2 | +0.0 | +0.0 | +0.0 |
| 2025 | +2.1 | -10.8 | -3.4 | -1.6 | +8.4 | +7.2 | -3.1 | +5.5 | +8.6 | +1.1 | -3.4 | -1.3 |
| 2024 | -0.9 | +3.5 | +9.2 | +0.8 | +0.0 | -2.7 | -2.4 | -4.2 | +4.8 | -4.0 | +5.6 | +14.4 |
| 2023 | +7.7 | +2.9 | -7.3 | +1.1 | -11.9 | +3.4 | +21.7 | -2.5 | -4.6 | -8.1 | -8.0 | -1.5 |
| 2022 | +2.4 | +2.9 | -17.7 | -4.2 | +23.2 | -6.2 | +17.9 | +56.1 | -8.0 | -2.2 | +3.4 | -4.8 |
| 2021 | +31.5 | -19.6 | -8.2 | -5.4 | +5.7 | +0.0 | +23.2 | -5.7 | +29.0 | -1.8 | -3.0 | +3.8 |
| 2020 | -8.5 | -10.5 | -20.0 | +0.0 | +0.0 | +15.6 | -4.1 | -1.4 | +14.3 | -10.2 | +37.0 | +17.3 |
| 2019 | -3.8 | -2.2 | -8.9 | +1.2 | -3.6 | +2.5 | +8.5 | -3.4 | +2.6 | +4.3 | +5.4 | -3.1 |
| 2018 | -2.0 | -4.7 | +0.0 | +3.0 | +1.0 | -1.9 | -4.9 | -5.1 | -5.4 | +4.5 | +2.4 | +1.5 |
| 2017 | -6.0 | -3.4 | -4.7 | +14.4 | +11.2 | -4.9 | -4.1 | -5.2 | -7.8 | +5.4 | -8.5 | -1.6 |
| 2016 | -13.8 | -8.9 | -4.5 | +10.2 | -1.7 | -12.1 | +5.7 | -6.1 | +0.7 | -1.6 | -5.8 | +0.2 |
| 2015 | +0.0 | +1.9 | -5.7 | +1.5 | -1.0 | -2.0 | +2.1 | -1.7 | -3.5 | -2.6 | +0.8 | +5.2 |
| 2014 | +1.1 | -4.4 | -1.0 | +0.8 | +2.6 | +1.7 | +5.0 | -0.1 | +1.9 | -4.5 | -4.9 | +3.6 |
| 2013 | +4.2 | -3.9 | -0.4 | +2.0 | +9.8 | -3.0 | -5.5 | -4.9 | -1.6 | +0.0 | -7.2 | -4.1 |
| 2012 | +0.0 | +0.0 | +0.0 | -2.0 | -0.5 | +0.8 | -0.8 | +4.3 | +12.4 | -1.6 | -7.3 | +2.0 |
| Average | +1.2 | -4.2 | -6.1 | +1.6 | +3.0 | +0.7 | +3.3 | +1.9 | +2.7 | -1.5 | +0.5 | +2.2 |
| 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 | +0.5 | -3.7 | -5.2 | +1.0 | +0.5 | +0.0 | -0.8 | -2.5 | +0.7 | -1.7 | -3.2 | +0.8 |
| % up | 50% | 29% | 7% | 64% | 50% | 47% | 47% | 27% | 53% | 29% | 43% | 57% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 96.6B +1.6% | Rs 95.1B -2.5% | Rs 97.5B -0.6% | Rs 98.1B +79.4% | Rs 54.7B +73.1% | Rs 31.6B -40.9% | Rs 53.5B -4.0% | Rs 55.7B +5.6% |
| Operating profit | Rs 14.8B +0.2% | Rs 14.8B +11.7% | Rs 13.2B -30.3% | Rs 19.0B +15.9% | Rs 16.4B | Rs -861.1M | Rs 6.2B -22.6% | Rs 8.0B +13.2% |
| Net profit | Rs 9.1B +26.9% | Rs 7.2B +61.3% | Rs 4.5B -44.9% | Rs 8.1B -33.6% | Rs 12.2B turned profitable | Rs -3.3B fell into loss | Rs 2.9B -50.0% | Rs 5.8B +12.1% |
| EPS | 16.74 +27.5% | 13.13 +82.1% | 7.21 -55.9% | 16.36 -37.0% | 25.96 | -4.00 | 5.86 -41.6% | 10.04 +14.5% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | BIL.N0000 | 4.90 | Rs 70.4B | - | 0.38 | -1.52 | -12.34% | 0.00% |
| 2 | SUN.N0000 | 28.80 | Rs 56.7B | 21.0 | 2.92 | 1.37 | 13.96% | 6.25% |
| 3 | SPEN.N0000 · this company | 137.50 | Rs 55.8B | 7.2 | 0.61 | 19.00 | 8.50% | 2.91% |
| 4 | RICH.N0000 | 25.30 | Rs 51.5B | 21.3 | 1.84 | 1.19 | 8.64% | 5.93% |
| 5 | GREG.N0000 | 35.60 | Rs 50.8B | 25.6 | 4.32 | 1.39 | 25.42% | 6.85% |
| 6 | CIC.N0000 | 27.80 | Rs 50.5B | 7.6 | 1.10 | 3.64 | 15.02% | 1.80% |
| 7 | BRWN.N0000 | 128.00 | Rs 27.2B | - | 0.24 | -73.95 | -13.85% | 0.00% |
| Peer median · 6 companies | - | - | 21.1 | 1.47 | - | - | 3.86% |
Aitken Spence PLC is a diversified conglomerate active across tourism, maritime & logistics, strategic investments and services, with additional activities listed as cargo handling, printing & packing, garment manufacture, property development and estate management. The Group operates hotel and resort properties, destination management services, airline general sales agency (GSA) operations and related tourism services, while also providing port management, shipping agency, freight and integrated logistics solutions. The tourism business comprises owned and managed hotels and resorts under brands such as Heritance and Adaaran, international and local hotel operations including Turyaa Chennai, destination management (inbound tour operations and charter services) and airline GSAs representing carriers like Singapore Airlines and SriLankan Airlines; Aitken Spence Hotel Holdings PLC is identified as a hospitality subsidiary. The maritime & logistics segment covers port management (including the Port of Suva and Port of Lautoka in Fiji), shipping agency, freight, depot and container freight station operations, transport, distribution and mobile storage solutions, and special operations, supported by partnerships such as a joint venture with Hapag‑Lloyd. The strategic investments and services sectors include power generation (thermal plants and a planned waste‑to‑energy project with power purchase and waste supply agreements), plantations (tea, oil palm and rubber), printing and apparel manufacturing, insurance operations (with long‑standing ties to Lloyd’s of London), elevator distribution and related services (including OTIS orders), and other service lines supported by international partners.
Aitken Spence has returned to strong quarterly profitability, with net profit up 157.8%. The tension is that tourism remains loss-making while the shares trade at the lowest sector P/E percentile.
Read the full report (Aug 27, 2026) →No scored news in the last 30 days.
Colombo Stock Exchange closed lower on Monday, with the ASPI down 0.37% (77.08 points) to 20,979. Market turnover was Rs 750.35 million; Aitken Spence, Nations Trust Bank and HNB Life were positive contributors while Melstacorp, Hatton National Bank, ACL Cables and Access Engineering were top decliners.
The Digital Marketing Association of Sri Lanka will host Digital Summit Asia/Sri Lanka 2026 on 1-2 October at Waters Edge Colombo. DMASL aims to grow digital marketing's GDP contribution from 4% to 15% and the summit features 75+ international speakers and sponsors including Hatton National Bank, John Keells and Aitken Spence.
Colombo market opened lower as the ASPI fell 69 points (-0.3%) and the S&P SL20 dropped 8 points (-0.1%). Turnover was Rs.1.5bn (above last week's Rs.1.4bn), foreigners were net sellers of Rs.94.7m, with declines led by ASIR, CCS, SPEN, DIAL and others.
Colombo Stock Exchange closed down as the ASPI fell 0.32% to 21,313.92 with market turnover Rs 1.55 billion and banks leading turnover at Rs 309.87 million. Movers included Carson Cumberbatch, Commercial Bank, Central Finance and Watawala (up) and Dialog, Aitken Spence, LOLC and Ceylon Cold Stores (down); Anilana said Sampath Bank acquired its hotel properties and is contesting the action in court.
The Sri Lanka-Indonesia Business Council re-elected Sheamalee Wickramasingha as president for 2026/27 and said it will promote and facilitate inbound and outbound investment; a recent Sri Lanka-Indonesia business delegation sought commercial cooperation opportunities between firms from both countries.
The Sri Lanka-Indonesia Business Council held its 3rd AGM and re-elected Sheamalee Wickramasingha as President. The council named an executive committee including representatives from hSenid, Amana Bank, Aitken Spence, Haycarb and Sunshine Holdings and said it will pursue closer trade and investment ties with Indonesia.
Colombo Stock Exchange closed lower, the ASPI fell 0.44% (−93.55 points) to 21,372.45 with market turnover at LKR 1.45 billion and banks leading turnover at LKR 600.63 million. Senthilverl Holdings bought 750,000 shares of Sarvodaya Development Finance, raising its stake to 10.28% (SDF shares LKR 39.60, down 3.41%).
Canadian High Commissioner Isabelle Martin urged continued business cooperation and highlighted opportunities for enhanced bilateral trade and investment at the Sri Lanka-Canada Business Council AGM. Mohamad Hameez was re-elected Council President for 2026/27 and the executive committee includes representatives from Aitken Spence and Hatton National Bank.
Colombo Stock Exchange indices rose on Monday (ASPI +0.26% to 21,371.18; S&P SL20 +0.34% to 6,025.88) with market turnover at LKR 144.9m and capital goods leading turnover at LKR 66.6m. Maharaja Foods announced a final scrip dividend of Rs 0.10/share (net Rs 0.085), to be satisfied by issuing 730,468 new shares at Rs 16 each.
Chandana Guniyangoda assumed duties as Chairman of People's Bank yesterday, becoming the first chairman of a state-owned licensed commercial bank appointed as an Independent Non‑Executive Director under IMF-aligned governance reforms and Central Bank directions. He brings over 28 years of banking and finance experience.