Singer Finance (Lanka) PLC's total asset base exceeded Rs.100 billion in Q1 of the 2026/27 financial year, based on unaudited management accounts. The managing director thanked stakeholders for their continued trust and support.
Company filings and market news from across Sri Lanka's stock market.
Singer Finance (Lanka) PLC's total asset base exceeded Rs.100 billion in Q1 of the 2026/27 financial year, based on unaudited management accounts. The managing director thanked stakeholders for their continued trust and support.
Colombo Stock Exchange was flat midday with the ASPI up 0.03% at 22,229.37 and banks leading turnover at LKR 279.8m; Singer Finance said its total assets surpassed LKR 100 billion in Q1 2026/27.
Colombo Stock Exchange indices rose, with the ASPI up 0.37% (82.93 pts) to 22,291.51 and the S&P SL20 up 0.56% to 6,216.28. Top contributors included John Keells, Windforce, Ceylon Grain Elevators and Sampath Bank; market turnover was LKR110.3m, led by materials (LKR60.4m), while Brent crude fell below $73/bbl.
Dividend · Rs 1.00 · XD Jun 12, 2026
First Interim dividend of LKR 1/share; XD 2026-06-12; record 2026-06-14; payable 2026-06-22; FY 2025/26
Singer (Sri Lanka) reported a 77.5% rise in quarterly profit to Rs2.39bn for the March 2026 quarter. Group revenue rose 47% to Rs35.7bn, driven by strong home appliances performance and a 77% jump in financial services PBT; EPS was Rs2.05.
Singer Finance (Lanka) PLC appointed former HNB MD/CEO Jonathan Alles as a Non-Independent Non-Executive Director, approved by the Board on 23 Dec 2025 and by the Central Bank on 5 Mar 2026. Alles has over 37 years of banking experience and a First Class MBA in Finance.
Fitch assigned a National Long-Term Rating of 'AAA(lka)' to Hayleys PLC’s proposed unsecured senior redeemable debentures of up to Rs. 7 billion. Fitch said the rating is in line with Hayleys’ national rating but noted subsidiary debt/EBITDA rose to 2.9x in 3QFY26 (vs a 2.5x threshold) and is expected to moderate.
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.
Singer Sri Lanka PLC has partnered with HP to sell HP’s full range of laptops and printers through Singer’s islandwide retail and after-sales network. The launch includes Intel i3/i5/i7 laptops, HP Victus gaming series, printers and flexible payment plans available in stores and online.
Samsung was awarded Superbrands Sri Lanka’s Choice 2025, reinforcing its consumer electronics leadership and benefiting its island-wide distributor partners including Singer and Softlogic, as well as payment partners such as Singer Finance and Softlogic Capital.
Singer Finance (Lanka) PLC appointed Thushan Amarasuriya as Managing Director effective 1 January 2026; the board approved the appointment on 25 November 2025 and the Central Bank approved it on 24 December 2025.
Singer Finance (Lanka) PLC launched its 'ESG Roadmap 2030 – Where Dreams Take Flight', establishing policies and measurable ESG targets (green financing, energy-efficient operations, human capital, community empowerment, governance) aligned with Singer Group, Hayleys and global standards and to be reported annually until 2030.
Singer Finance and Hayleys Mobility signed an MoU to provide tailored financing for newly introduced electric vehicles in Sri Lanka, giving Hayleys customers access to NEV loans with priority processing, personalised assistance and promotional incentives.
Singer Finance (Lanka) PLC listed 75.7 million new ordinary voting shares from its 2025 rights issue, raising over Rs. 2 billion; the shares were listed on 14 October 2025. The capital raise is expected to strengthen the company’s balance sheet and support expansion plans.
Rights issue · 6:16 at Rs 26.50 · XD Sep 1, 2025
Singer Sri Lanka PLC launched Huawei’s latest smart wearables and tablets (Watch Fit 4, Band 10, FreeBuds SE2, MatePad SE11) across its island-wide retail outlets and authorised distribution partners. Flexible, affordable payment plans are being offered to customers.
Rights issue · 6:16 at Rs 26.50 · XD Sep 1, 2025
Brand Finance published Sri Lanka's 100 Most Valuable Brands for 2025, ranking Bank of Ceylon top with a brand value of Rs.57,411m; Commercial Bank, Dialog and People’s Bank follow the top positions. The list covers firms across banking, telecoms, FMCG, healthcare, hospitality and other sectors.
Royal Ceramics Lanka (Rocell) held an Installer’s Club appreciation event, distributing over Rs.4,000,000 in gifts including a Rs.1,000,000 top prize. Rocell also launched a financing facility with Singer Finance allowing tilers to buy Bosch equipment at nominal rates with Rocell covering Rs.50,000.
Royal Ceramics Lanka (Rocell) honoured top members of its Installer’s Club in Colombo, distributing over Rs.4,000,000 in gifts including a Rs.1,000,000 top prize. Rocell also launched a Singer Finance facility enabling tilers to buy Bosch tools with Rocell covering Rs.50,000.
Singer Finance will raise Rs.2 billion via a rights issue of 75,777,778 shares at Rs.26.50 and has withdrawn a planned issue of 20 million Rs.100 debentures; proceeds are to improve its capital adequacy and for lending. The rights issue has Central Bank approval and is subject to shareholder approval at an EGM; Singer Sri Lanka holds an 80% stake.
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.
Rights issue · 6:16 at Rs 26.50 · XD Sep 1, 2025
Singer Finance (Lanka) PLC secured a fully subscribed LKR 2 billion subordinated debt Trust Certificate issuance. The unlisted, unsecured, unrated five-year instrument (minimum LKR 5 million) was placed with strong demand and was managed by HNB Investment Bank and Serendib Frontier Capital, aided by Singer Finance's Fitch BBB+ rating.
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.
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.