News & market updates

Dankotuwa Porcelain (DPL.N0000) was one of six Sri Lankan exhibitors at Ambiente/Christmasworld/Creativeworld Frankfurt 2026, where exhibitors reported strong international buyer interest and promising export inquiries, supporting potential growth in Sri Lankan consumer-goods exports.

Dankotuwa Porcelain PLC appointed Miyuru Rajapakshe as Chief Executive Officer. Rajapakshe, formerly COO with nine years' association with the company and prior roles at Ambeon Holdings and Ceylon Tobacco, holds an MBA and a Lean/Six Sigma Black Belt and brings extensive operational and manufacturing experience.

Rajan Asirwatham, former Senior Partner and Country Head of KPMG Sri Lanka (1961–2008), has passed away. He served as a director of several listed firms including Aitken Spence PLC, CIC Holdings PLC and Dankotuwa Porcelain Ltd.

Myland Developments PLC appointed Savanth Sebastian and Ravi Goonetilleke as Independent Non‑Executive Directors and Dr. Kanchana Narangoda as an Executive Director. The appointees bring experience and links to firms including Ambeon Capital, Colombo City Holdings, Dankotuwa Porcelain, Hemas and Nations Trust Bank.

Dankotuwa Porcelain (DPL) increased its public shareholding to 34.98% as of 30 Sep 2025, up from 12.57% three months earlier. The float rose after Ambeon Holdings divested its 22.41% stake; float-adjusted market cap rose to Rs.1.08bn and public shareholders to 6,532.

Ambeon Holdings PLC exited its 22.4% stake in Dankotuwa Porcelain PLC, divesting 36.422 million shares at Rs.20.50–23.70 each. Dankotuwa closed at Rs.20.70 on Friday, with net asset value per share at Rs.20.03 and Ceyline Investments holding 65%.

The Colombo market closed with the ASPI at 20,992, up 16 points, on turnover of Rs.5.6 billion; weekly ASPI and S&P SL20 fell 0.03% and 1.19% respectively. Property, capital-goods and consumer services stocks led turnover while select hotels and developers saw mixed flows and sizable corporate stake transactions were reported.

Colombo ASPI slipped 0.07% to 20,975.73 with turnover of 6.4 billion rupees; Dankotuwa Porcelain contributed 1.19 billion and closed down at 21.40. Most hotels rose on strong August tourist numbers, while HNB, NDB, Commercial Bank and John Keells weighed on the index.

The Exporters' Association of Sri Lanka held its 28th AGM with EU Ambassador Carmen Moreno stressing compliance, sustainability and the CBAM framework for exporters. Yohan Lawrence was re-elected chairman and the executive committee includes representatives from listed firms such as HNB, Hayleys, Sampath, Lion Brewery, CIC, Dipped Products and Dankotuwa Porcelain.

EU Ambassador Carmen Moreno told the Exporters’ Association AGM that compliance, sustainability and CBAM readiness are vital for Sri Lankan exporters. The event re-elected Yohan Lawrence as chairman and featured an executive committee including major exporters and industry representatives.

Dipped Products PLC won the Gold Award and Dankotuwa Porcelain PLC won the Silver Award at the National Business Excellence Awards 2025; People's Bank won Bronze. The ceremony marked the 20th edition of the NBEA, with 144 awards presented across sectors.

Dankotuwa Porcelain (DPL.N0000) has been appointed the exclusive Sri Lankan distributor for Kiros Hospitality to introduce premium OS&E brands to local hotels, resorts and restaurants. The partnership will bring brands including Studio William, Steelite, SERAX, Cookplay, RONA, Bentley and Craster to support higher hospitality standards.

Colombo market hit a record ASPI of 18,541 (up 380 pts, 2.09%) as turnover reached Rs.10.22bn, led by banking stocks and John Keells. Foreign investors were net sellers (net outflow Rs.1.2bn) and the banking sector accounted for 27% of turnover.

Dankotuwa Porcelain (DPL.N0000) has been appointed the exclusive Sri Lankan distributor for Kiros Hospitality, enabling it to supply premium OS&E brands (Studio William, Steelite, SERAX, Cookplay, RONA, Bentley, Craster) to local hotels, resorts and restaurants.

Ambeon Holdings PLC reported PAT of LKR 1,910 Mn for FY 2024/25, with PBT of LKR 2,260 Mn and consolidated revenue up 2% to LKR 17,522 Mn. The PAT decline of LKR 947 Mn versus the prior year largely reflects one-off gains in FY2023/24, including the 51% divestiture of Dankotuwa Porcelain.

Dankotuwa Porcelain is one of five Sri Lankan companies exhibiting at Ambiente 2025 in Frankfurt (7–11 Feb), showcasing products to international buyers and seeking to expand export markets and international presence.

Dankotuwa Porcelain (DPL.N0000) will be one of five Sri Lankan companies exhibiting at Ambiente 2025 in Frankfurt from 7–11 Feb, showcasing products in Halls 10.1, 10.4 and 12.0.

Ambeon Holdings acquired a 7.63% stake in Seylan Bank for Rs.1.4 billion, following Ambeon Capital's purchase of 9% of DFCC Bank for Rs.3.3 billion. The piece also notes Ambeon holds a 22.4% stake in Dankotuwa Porcelain and has links to Colombo City Holdings and MillenniumIT.

Dankotuwa Porcelain (DPL.N0000), Talawakelle Tea Estates (TPL.N0000) and Watawala Plantations (WATA.N0000) were named among Great Place to Work’s Best Workplaces™ for Women 2024, recognising organisations with strong women-friendly policies and culture.

Great Place to Work Sri Lanka named its Best Workplaces for Women 2024, listing Dankotuwa Porcelain (DPL.N0000), Talawakelle Tea Estates (TPL.N0000) and Watawala Plantations (WATA.N0000) among the 15 winners recognized for inclusive workplace practices.