Fitch affirmed Lion Brewery (Ceylon) PLC's National Long-Term Rating at 'AAA (lka)' with a Stable Outlook and then withdrew the rating for commercial reasons, saying it will no longer provide analytical coverage. Fitch cited Lion's strong domestic market position (90%+ FY26 revenue), stable finances and net cash position, and noted its stronger profile versus parent Carson Cumberbatch.
The Exporters Association of Sri Lanka elected Nalaka Ratnayake as Chairperson at its 29th AGM; the new Executive Committee includes representatives from CIC Holdings, Hayleys, Dipped Products, Hatton National Bank, Sampath Bank and Lion Brewery. Speakers urged faster trade digitalisation, lower export costs and improved logistics to boost competitiveness.
ExportersIT & Digital
Ada Derana·Jul 16, 2026·Promotional / marketingPositive
Lion Brewery (LION.N0000) has deployed Sri Lanka's first long-haul electric prime mover in its outbound supply chain, supplied by Ceyconnect (a Ceyline Group subsidiary). Ceyconnect plans to expand the electric fleet over time as part of Lion's cleaner-energy and sustainability efforts.
Sri Lanka's ASPI fell 0.60% to 21,697.72 as markets slowed amid escalation in the Middle East and global instability. Seylan Bank, Lanka IOC and Malwatte Valley Plantations were among gainers while Commercial Bank, Melstacorp, Lion Brewery and Hayleys led declines; Vidullanka authorised a first gross dividend of Rs0.20 per share to be dispatched by Aug 7, 2026.
Colombo Stock Exchange ASPI fell 0.38% to 22,093.51 on Monday with turnover of 1.35 billion rupees. Negative contributors included HNB (down to 396.75) and Dialog Axiata (45.50), while Lion Brewery (1,834) and Haycarb (160.50) led gains.
Ada Derana·Jul 3, 2026·Promotional / marketingPositive
ISSO – Prawn Crazy opened a 90-seat flagship in Canary Wharf, London, importing Lion Beer and Lion Stout from Sri Lanka for its launch. The concept pairs automated kitchen tech with a vertically integrated cold chain sourcing export-grade prawns from 150+ artisanal fishermen.
Colombo Stock Exchange ASPI fell 0.25% to 22,305.37 (down 55.94 pts) while the S&P SL20 dropped 0.30% to 6,196.50. Market turnover was Rs 423.9m, led by insurance at Rs 135.1m; NDB, Sampath and Lion Brewery were top gainers while Hayleys, Aitken Spence, Haycarb and LOLC led losses.
Colombo Stock Exchange closed flat, with the ASPI up 0.04% at 22,385 and the S&P SL20 down 0.17% at 6,210; turnover was 2.5 billion rupees. Top positive contributors were CT Holdings, Lion Brewery and Hayleys.
Colombo Stock Exchange's ASPI rose 0.67% to 21,547, led by gains in Dialog Axiata (up 6.80% to LKR44.00) and Sampath Bank (up 0.72% to LKR139.75). Market turnover was LKR2.16 billion, with capital goods leading turnover at LKR791.2 million.
Colombo Stock Exchange closed lower as the ASPI fell 0.75% to 22,011.10. Top contributors included John Keells and Lion Brewery on the upside, while Dialog Axiata, Sampath Bank, Ceylon Beverage Holdings and Ceylon Cold Stores led declines; Maharaja Foods opened a new outlet and its shares fell 2.23%.
Colombo Stock Exchange closed higher as the ASPI rose 0.54% to 22,294.71 and the S&P SL20 gained 0.61%. Top contributors included Dialog Axiata, Ceylon Cold Stores, NDB and Bairaha Farms while Hemas, Lion Brewery and Sampath Bank lagged; Jetwing Symphony declared a final dividend of Rs0.50 and closed at Rs14.30 (+2.88%).
Colombo Stock Exchange closed down as the ASPI fell 0.85% to 22,175.14, with market turnover at Rs.4.92bn and insurance stocks leading turnover at Rs.3.18bn. Top gainers included Ceylon Beverage (+5.20%), Lion Brewery (+3.06%) and Ceylon Guardian (+5.43%), while Sampath Bank, Hayleys and HNB were top decliners.
Colombo Stock Exchange closed lower as ASPI fell 2.59% (592.28 pts) to 22,313.47. Brokers cited broad selling with John Keells, RIL Property, Hayleys, Commercial Bank and Colombo Dockyard weighing on the index while Ceylinco Insurance was a positive contributor; Lion Brewery and Ceylon Beverage reported higher quarterly profits.
Colombo Stock Exchange was slightly higher midday Thursday — ASPI +0.04% (22,930) and S&P SL20 +0.11% (6,276). Top gainers included John Keells, Alumex, RIL Property and Lion Brewery while Sampath, Vallibel One, Hayleys and Malwatte fell; NDB reported a High Court order in a derivative action and Harischandra appointed four board members.
Colombo Stock Exchange closed higher: ASPI rose 0.69% to 22,739 and S&P SL20 gained 0.51% to 6,245, with John Keells, Melstacorp and Hayleys among top positive contributors and DFCC, Lion Brewery and CDB leading declines; market turnover was Rs.4.13bn.
Colombo Stock Exchange closed lower with the ASPI down 0.38% to 22,549.53 and market turnover at 3.44 billion rupees; capital goods led turnover (984.6 million). Lion Brewery and Watawala Plantations were top positive contributors while Dialog Axiata, John Keells and Commercial Bank were top negatives; Brent rose above $113.
Fuel & Energy PricesConsumer Staples (FMCG)Tea & Plantation Crops
The SLID-KPMG Audit Committee Forum (9 Mar 2026) urged audit committees to oversee ESG reporting under SLFRS S1/S2; panellists from Aitken Spence, MAS, Lion Brewery and DFCC discussed governance, data controls, implementation and sustainable financing.
Hayleys PLC’s proposed unsecured senior redeemable debentures of up to LKR7 billion were assigned a 'AAA(lka)' National Long-Term Rating by Fitch. Fitch noted subsidiary debt to consolidated EBITDA rose to 2.9x in 3QFY26, expects it to moderate to ~2.5x by FY27 and said failure could lower the debentures one notch.
Fitch assigned a 'AAA(lka)' National Long-Term Rating to Hayleys PLC's proposed unsecured senior redeemable debentures of up to LKR7 billion. Fitch noted subsidiary debt-to-consolidated-EBITDA rose to 2.9x in 3QFY26 (limit 2.5x) but expects it to moderate toward 2.5x in FY27, otherwise ratings risk.
EFC's National Best Employer Awards 2025 honoured SPEN.N0000, COMB.N0000, DIAL.N0000, HNB.N0000, HAYL.N0000, HHL.N0000, JKH.N0000 and others as Best Employer winners; honourable mentions included CTC.N0000, LLUB.N0000 and LION.N0000.
CIM has appointed a Sri Lanka Professional Member Support Committee led by Dr. Lewie Diasz; the panel includes senior marketing executives from Lion Brewery, Hayleys, National Development Bank, HNB, DIMO and The Kingsbury.
Ada Derana·Jan 22, 2026·Award or certificationPositive
Lion Brewery (Ceylon) PLC won two honours at the FMCG Asia Awards 2025 — New Brand Launch (Sri Lanka) for True Born and Seasonal Campaign (Sri Lanka) for Carlsberg’s Display Drive & Merchandising. The company said its contributions to Sri Lanka’s tax base have exceeded LKR 500 billion over the past decade.
Lion Brewery (Ceylon) PLC led flood-response efforts in Biyagama—supporting evacuations, delivering food, clean water and supplies, and clearing debris after water levels rose to nearly 10 feet (~3 m). The company is pursuing a permanent community stronghold on higher ground to boost future flood resilience.
Colombo Stock Exchange closed lower with the ASPI down 0.64% (143.48 points) at 22,149 and turnover Rs 3.45bn; Commercial Bank, Lion Brewery, Carson Cumberbatch and Ceylon Grain Elevators led gains while Dockyard weighed on the index.
Ada Derana·Dec 18, 2025·Award or certificationPositive
Lion Brewery (Ceylon) PLC was named 'Best Exporter – Beverages' at the 27th Presidential Export Awards 2024/25, with its export arm reporting 64% year-on-year growth.
ExportersConsumer Staples (FMCG)
Ada Derana·Dec 15, 2025·Promotional / marketingPositive
Lion Brewery (Ceylon) PLC mobilised A‑Pad rescue and volunteer teams during Kelani River floods in Biyagama—assisting evacuations, delivering food and clean water, clearing debris after water rose nearly 10 ft (~3 m)—and is planning a community stronghold to boost future flood resilience.
Government's Excise Notification No.03/2025 raises one‑time Industry Entry Fees up to Rs.25m for distilleries (Rs.5m for palmrah arrack), Rs.5m for bottling plus higher annual fees and security deposits, and Rs.10–15m for certain retail licences; existing licensees must top up deposits within 30 days.
Consumer Staples (FMCG)
Daily FT·Nov 13, 2025·Award or certificationPositive
Several listed firms, including Hayleys (HAYL.N0000), Aitken Spence (SPEN.N0000), Ceylon Cold Stores (CCS.N0000), Alumex (ALUM.N0000), Dipped Products (DIPD.N0000) and Lion Brewery (LION.N0000), received awards or commendations at the ISMM National Supply Chain Excellence Awards 2025.