Company filings and market news from across Sri Lanka's stock market.
The Compliance Forum (FHA) held Compliance Symposium 2025 on 17 June with over 250 professionals from all 32 Licensed Finance Companies, and unveiled an AML/CFT Code of Conduct and a consolidated Handbook for Compliance Officers to strengthen sector compliance.
Colombo market turned more bearish as the ASPI fell 1.22% (S&P SL20 down 1.11%) on turnover of Rs. 3.9bn, with HAYL, CTHR, SAMP, DFCC and HNB exerting selling pressure; JKH, L B Finance and CTC also recorded price declines.
Colombo market fell as the ASPI closed down 0.45% (78 pts) at 17,281 while turnover rose to Rs.6.8bn led by crossings in Hayleys, Commercial Bank, Sampath Bank, L B Finance and John Keells. Foreign investors were net sellers with a Rs.115.7m outflow.
Colombo market closed mixed — ASPI +4 points, S&P SL20 -11 on turnover of Rs.3.7bn — as investors reacted to an electricity tariff hike with increased selling pressure; Diversified Financials led turnover and foreign investors were net buyers of Rs.8.7m.
The Colombo Stock Exchange ASPI closed marginally up at 17,661.45 (+0.02%) while the S&P SL20 fell to 5,275.01 (-0.21%) and turnover dropped to 3.6 billion rupees. Movers included L B Finance, Sampath Bank and Central Finance rising; LOLC Finance announced a share buyback and Vidullanka listed a 500 million-rupee Sukuk.
Vallibel One (VONE.N0000) reported FY2024/25 consolidated revenue of Rs.122.8bn and PAT of Rs.16.02bn. EPS rose to Rs.10.34 and NAV/share to Rs.95.74, with group assets and equity up; LB Finance (LFIN.N0000) posted PAT of Rs.10.86bn for the year.
Colombo market stayed at an all-time high as the ASPI rose 82 points (0.47%) on turnover of Rs.5.6bn, led by heavy activity in John Keells, Hemas, Browns Investments, People’s Leasing and Lanka Milk Foods; foreign investors were net buyers of Rs.41.4mn and capital goods and diversified financials led turnover.
ASPI rose 81.89 points to a record 17,434.94, extending its rally to a 12th straight session led by John Keells, Sampath Bank, Hatton National Bank, Lion Brewery and Dipped Products. Market turnover was Rs.5.59bn and the S&P SL20 gained 34.13 pts to 5,193.79.
Colombo market closed the week higher as the ASPI rose 39 points to 16,855, led by gains in HAYL, CALH, COMB, NDB and RIL; total turnover was Rs. 5.2 billion and foreign investors recorded a net outflow of Rs. 441.6 million.
Dividend · Rs 4.25 · XD Jul 1, 2025
Final dividend of LKR 4.25/share; XD 2025-07-01; record 2025-07-01; payable 2025-07-21; FY 2024/25
Yanika Amarasekera-Siyaguna, founder of Silver Aisle, was named to Forbes 30 Under 30 Asia 2025 in Retail & E-Commerce; she serves as an Independent Director of L B Finance (LFIN.N0000).
Colombo market jumped as the ASPI rose 215 points (1.35%) to 16,131, reclaiming the 16,000 level with turnover of Rs.3.3bn. HNB, COMB, CFIN, SAMP, SPEN and JKH were among the top drivers and foreign investors were net buyers (Rs.25.5m).
Colombo market ended the session marginally down with the ASPI falling 10 points to 15,916 while both ASPI and S&P SL20 gained 0.4% for the week; turnover was about Rs.1.5–1.54 billion and Materials led activity. Ceylon Grain Elevators (GRAN) rose 6.06% and HNB gained, while HHL, TJL, SPEN and RCL pressured the index; ACME closed flat.
ASPI rose 84.3 points (+0.5%) to 15,926 on low turnover of about Rs.1.7bn while foreigners were net sellers of Rs.35.1m; gains were led by counters including CINS, MELS, COMB and SPEN, with Food, Beverage & Tobacco and Banking driving activity.
NCGIL issued its first guarantees to Commercial Bank (COMB), Hatton National Bank (HNB) and Citizens Development Business Finance (CDB) to partly cover MSME loans under a new ADB-funded program (USD 50m), offering guarantees currently up to 67% of principal.
NCGIL began operations and issued its first guarantees to Commercial Bank, Hatton National Bank and Citizens Development Business Finance to partly cover loans to three MSMEs; the ADB-funded, GOSL-backed vehicle has USD50m funding and offers guarantees up to 67% for term loans (LKR 0.5m–25m).
The SEC, with ADB technical support, released a regulatory framework enabling issuance and trading of Green, Blue, Social and Sustainability‑Linked (GSS+) bonds on the Colombo Stock Exchange, allowing sovereigns and corporates to raise capital for environmental and social projects.
The ASPI gained 72 points (+0.5%) to 15,616 as the Colombo market bounced back, led by the capital goods sector. Turnover was about Rs.1.5 billion with net foreign inflows of Rs.35.2m; notable movers included Hemas, John Keells, Browns, Alumex and DFCC.
Colombo market slipped for a third day as the ASPI closed at 15,544 (down ~12 points) while the S&P SL20 rose 0.05%; turnover was Rs.1.09bn, 57% below the monthly average. Food, Beverage & Tobacco led turnover, banking sentiment stayed weak; JKH, SUN, CCS rose while CFIN, DFCC and MELS lagged.
Colombo market reverted to YTD positive as the ASPI rose 73 points (0.46%) to 16,007, leaving YTD up 0.39%, while foreigners were net sellers of Rs. 282m. Top movers included HAYL and CTC; turnover was Rs. 2.3bn led by Capital Goods and Food, Beverage & Tobacco sectors.
Commercial Bank of Ceylon PLC won the Overall Gold Award for Excellence in Digital Payments at the LankaPay Technnovation Awards 2025. LOLC Finance PLC won Overall Gold in the Non‑Bank Financial Institutions category, with DFCC, L B Finance, Seylan, Amana and Hatton National Bank among other winners.
L B Finance's LB CIM app was named "Most Popular Digital Payment Product" at the LankaPay Technnovation Awards 2025. The AI-powered app offers digital onboarding, instant loans and top-ups, LankaQR payments and wallet services.
Commercial Bank of Ceylon PLC won the Overall Gold Award for 'Excellence in Digital Payments' at the LankaPay Technnovation Awards 2025. Other shortlist winners included DFCC Bank, Hatton National Bank, Seylan Bank, Amana Bank, LOLC Finance, L B Finance and Dialog Finance.
LB Finance (LFIN.N0000) has appointed Ravi Tissera as Chief Transformation Officer. Tissera brings over three decades' experience in the non‑bank financial sector, including leadership at LOLC Microcredit and board roles at Seylan Bank and HNB Finance, and will focus on transformation and digital capabilities.
L B Finance (LFIN.N0000) showcased its LB CIM digital payments app at the CBSL Digital Payments Promotion Campaign in Nuwara Eliya, demonstrating features including LankaQR integration, security controls and mobile accessibility. The app also highlights linked products such as savings, FDs, gold loans and digital loans.
CSSL held the National CIO Forum 2025 and unveiled the CSSL National CIO List 2024, inducting six CIOs including representatives from L B Finance (LFIN.N0000), Lion Brewery (LION.N0000) and Capital Alliance (CALT.N0000). Panels covered CIO leadership, cyber security, AI, ERP modernisation and workforce transformation.
Experts at a CMA seminar said Budget 2025 has strengths but flagged practical concerns and tax risks, including taxing foreign service income at 15%, raising capital gains tax to 15%, and replacing SVAT with a risk-based refund; speakers urged focus on debt sustainability and SME support.
Dividend · Rs 2.25 · XD Mar 3, 2025
First Interim dividend of LKR 2.25/share; XD 2025-03-03; record 2025-03-03; payable 2025-03-21; FY 31st March 2025
Colombo Stock Exchange closed down 0.70% to ASPI 17,074.02 on turnover Rs3.6bn, with a net foreign inflow of Rs307mn. Top turnover and movers included Dialog, Commercial Bank, Hemas, HNB and John Keells; LB Finance announced a Rs2.25 interim dividend.