Company filings and market news from across Sri Lanka's stock market.
Lanka Coffee Association elected Tharanga Muramudali as its new Chairperson at its 4th AGM; the event and the Sri Lanka Coffee Festival attracted over 1,000 visitors and showcased more than 30 companies.
The Lanka Coffee Association held its 4th AGM and elected Tharanga Muramudali as Chair; the LCA also ran the Sri Lanka Coffee Festival (1,000+ visitors), held quality training for producers, and launched a commemorative 200th‑year coffee stamp to boost exports and industry standards.
Dilmah Ceylon Tea Company Plc was invited to be Patron of the UN Global Compact Network Sri Lanka’s Water & Ocean Stewardship Working Group and reported a 2024/25 direct water footprint of 19,498 m3 (DCTC) with municipal water use down 8% and wastewater discharged down 44% year‑on‑year.
President Anura Kumara Dissanayake held a special discussion with plantation company representatives on the proposed increase to estate workers' daily wages to align with recent public/private sector salary hikes and discussed implementation; the government pledged support for developing the plantation sector.
President Anura Kumara Disanayake urged plantation companies to raise estate workers' daily wages and said the government will support the industry to implement the increase. Representatives from major planters, including Kahawatte, Malwatte, Kelani Valley, Balangoda, Browns, Kegalle and Kotagala, took part.
Darshana Gunasekera has been appointed an Independent, Non-Executive Director of Bank of Ceylon effective 13 August 2025. He is currently Group Finance Director of the MJF Group and serves on the boards of Dilmah Ceylon Tea Company, Kahawatte Plantations and Talawakelle Tea Estates.
Multiple plantation companies (Agarapatana, Elpitiya, Talawakelle, Hatton, Watawala, Kegalle, Kelani Valley, Maskeliya, Namunukula, Kahawatte and Balangoda) are running scholarship programs supporting hundreds of students; Elpitiya alone funds 100 university and 80 A/L students at a cost exceeding LKR 12.4m.
Dilmah Ceylon Tea Company PLC celebrated its 40th anniversary with a 'Future of Tea' event at Sydney Opera House on 19 June 2025. The event showcased Dilmah's 85 Reserve and Watte Single Garden Teas and highlighted tea's health and gastronomy benefits; the author also chairs Kahawatte Plantations PLC.
Kahawatte Plantations PLC (KAHA.N0000) reports a transformation across 16 estates (12,356 ha), delivering over Rs.4m monthly energy savings and a Rs.120m solar project (70% grant-funded), obtaining GlobalGAP cinnamon certification, securing top tea auction prices and pursuing ERP, drone forecasting and agroforestry initiatives.
Australia’s Market Development Facility screened a documentary and held a June 27 event to showcase the revival of Sri Lanka’s specialty coffee, supporting 2,407 smallholder farmers and generating LKR 280,202,502 in partner revenue. The forum included industry and government stakeholders (including Kahawatte, Horana and Hayleys) and highlighted export and investment opportunities ahead of the Sri Lanka Coffee Festival.
Regional Plantation Companies are expanding crop diversification — oil palm now covers about 11,000 ha yielding ~Rs 514,000/ha and saving ~USD 17m in edible oil imports — while RPCs including KVAL, ELPL and KAHA report increased high‑value crop plantings and revenues.
Kahawatte Plantations has partnered with Australia’s Market Development Facility to expand coffee cultivation through an outgrower (contract farming) model and a centralized processing facility in Nawalapitiya. The initiative aims to boost specialty coffee volumes for export and provide market access and stable prices to smallholders.
Colombo market closed the week higher with the ASPI up 1.07% on Friday (ASPI +2% for the week) and S&P SL20 +1.10%, with turnover at Rs.2.3bn. Banking stocks (Commercial Bank, HNB), renewed interest in plantation names (KAHA, HAPU, UDPL, MASK) and strong foreign buying in JKH drove activity.