News & market updates

First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.

Dividend · Rs 3.00 · XD Apr 10, 2026

First Interim dividend of LKR 3/share; XD 2026-04-10; record 2026-04-14; payable 2026-04-30; FY ended 31st March 2026

Namunukula Plantations PLC appointed Saman Doranegama as its Acting Chief Executive Officer; he will continue to serve as CEO of Kegalle Plantations PLC.

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.

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.

Dividend · Rs 3.50 · XD Mar 5, 2025

First Interim dividend of LKR 3.5/share; XD 2025-03-05; record 2025-03-05; payable 2025-03-25; FY 2024/2025