Company filings and market news from across Sri Lanka's stock market.
LOLC Finance (LOFC) reported PAT of Rs. 27.4bn for the year to 31 Mar 2026, with underlying profitability up close to 30% and gross loans rising to Rs. 423bn (total assets Rs. 559bn). The company also saw improved asset quality (net NPL ~3.24%), higher deposits and strong capital ratios.
The Central Bank of Sri Lanka is holding a digital payments promotion in Trincomalee on June 5-6 to raise awareness and provide personalised help for government officials, businesses and the public to register and use services (including banks, finance firms, e-money providers and LANKAQR).
Sampath Bank will open a branch in Colombo Port City offering services in rupees and 16 designated foreign currencies and a tailored digital/tax/treasury platform for CPC companies. It is the second commercial bank in CPC after Commercial Bank opened a branch last month.
Sampath Bank PLC has received Central Bank approval to open a dedicated branch at Building 1, Business Centre, Port City Colombo, authorised to offer services in Sri Lankan rupees and designated foreign currencies to residents and non-residents.
Colombo Stock Exchange partnered with the EU-funded Green Recovery Facility to advance Sri Lanka’s GSS+ bond market through training and market-building programs; since 2024 the market has raised about Rs.82 billion (~EUR216m), ~40% of CSE’s 2025 debt capital. DFCC Bank and Commercial Bank of Ceylon received international recognition for GSS+ issuances.
Colombo bourse closed lower with the ASPI down 0.21% to 22,695 as investor sentiment remained subdued after the CBSL rate hike; market turnover was over Rs. 1.7 billion.
Colombo Stock Exchange renewed its Platinum partnership with CFA Society Sri Lanka for the ninth consecutive year, supporting CFASSL flagship events and training in 2026 including the Capital Market Awards, CFA Charter Awards, and the local CFA Institute Research Challenge.
PMF Finance PLC reported record FY 2025/26 results: Profit before tax Rs.626m (more than double prior year), profit after tax Rs.353m, total income > Rs.5.1bn, total assets Rs.23.4bn and lending portfolio ~Rs.20bn.
Sri Lanka's rupee closed at 331.50/332.00 to the US dollar in the 1-week spot on Monday and domestic government bond yields rose. The telegraphic transfer rate was 326.00/335.00 (buy/sell); the 01.08.2030 bond moved to 12.05/15% from 11.80/90%.
LOLC Holdings PLC reported a 49% increase in results from operating activities to Rs.71.5 billion for FY2026. Gross income rose 28% to Rs.430.3 billion, with the financial services segment contributing Rs.51.7 billion and strong gains across manufacturing, plantations and insurance.
Sri Lanka sold an extra Rs24,000 million of Treasury bonds on tap at the auction-set rates, taking the week's total sales to Rs264 billion; weighted average yields were 11.86% (2030), 12.32% (2033) and 12.93% (2035), settlement June 1.
Sri Lanka's rupee was quoted at 330.00/332.00 to the US dollar in the spot market on Monday (from 331.00/332.00 on Friday); telegraphic transfer rates were 326.00/335.00. Government bond yields were largely flat (2030 at 11.80–11.90%), and the ASPI was up 0.30%.
LOLC Holdings PLC reported a 49% rise in results from operating activities to Rs. 71.5 billion for the year ended 31 March 2026, with gross income up 28% to Rs. 430.3 billion. Financial services (Rs. 51.7bn), stronger manufacturing/trading and a return to profitability in plantations underpinned the performance.
Sri Lanka's current account slipped into a $532.4m deficit in April, erasing the Q1 surplus and leaving a $0.9m deficit for Jan–Apr, driven by a sharply widened trade gap (imports +45.7% YoY) and weaker tourism amid higher fuel spending; reserves stood at ~$6.8b and IMF review released about $695m.
Secondary bond market ended the week bullish, with yields falling about 20–35bps on Friday after US‑Iran ceasefire optimism and Sri Lanka securing IMF 'Super Tranche' approval, despite a 100bp policy-rate hike earlier in the week. Foreign holdings fell Rs.7.33bn to Rs.126.10bn; money-market surplus dropped to Rs.92.15bn and call/repo rates rose to 9.10%/9.13%.
Colombo Stock Exchange closed down as the ASPI fell 0.24% to 22,256.26. Market turnover was LKR 1.67bn, capital goods led turnover (LKR 286.7m); notable movers included Dialog, RIL Property, HNB and Digital Mobility (up) while JKH and LOLC were down, and ACME reported a 63% rise in losses to Rs.313,538 with shares down 3.51%.
DFCC Bank PLC was recognised among Sri Lanka’s Top 10 Mom-Inclusive Workplaces at the Mom Leaders Conference 2026. The award highlights the bank’s efforts to support working mothers and foster an inclusive workplace culture.
Colombo Stock Exchange renewed its Platinum partnership with CFA Society Sri Lanka for the ninth consecutive year. The sponsorship will support CFASSL initiatives across 2026, including the Capital Market Awards, CFA Charter Awards, the local CFA Institute Research Challenge, and training events.
Colombo Stock Exchange midday: ASPI down 0.13% at 22,280 with market turnover Rs.762 million and telecommunications leading turnover at Rs.107.3 million. Notable movers included Dialog +4.93%, RIL Property +8.02% and Digital Mobility +1.69%; Softlogic reported a Q3 loss of Rs.1.70bn (improved from Rs.4.59bn) and shares rose 3.03%.
Colombo Stock Exchange collaborated with the EU-funded Green Recovery Facility to advance Sri Lanka’s GSS+ bond market, which has raised about LKR 82 billion (~EUR 216m) since 2024. DFCC Bank and Commercial Bank of Ceylon received international awards for their GSS+ issuances.
Commercial Bank of Ceylon became the first bank in Sri Lanka and the wider South Asian region to introduce advanced 3-D Secure (3DS 2.x) authentication for UnionPay e-commerce transactions. The bank integrated UnionPay onto its ACS platform using risk-based OTP step-up authentication to strengthen online payment security.
IMF Mission Chief Evan Papageorgiou said Sri Lanka’s Treasury does not buy dollars for debt service and that the central bank acts as the intermediary, buying FX and effectively monetizing the balance of payments — expanding reserve money and raising risks to inflation, reserves and the rupee.
Cargills (Ceylon) PLC reported a March-quarter profit of Rs2.63bn, up 31% y/y, and FY profit of Rs10.61bn (from Rs7.22bn); quarterly revenue rose 16.8% to Rs69.52bn. The group reduced net debt to Rs16.1bn, recorded non-recurring losses (Rs858m cyclone damage; Rs328m on disposal of a 6.54% stake in Cargills Bank) and warned of energy and currency pressures that could moderate consumption.
Foreign investors sold a net US$22.55 million (Rs 7,328 million) of Sri Lanka government securities in the week ended May 27, central bank data showed. The outflow is the third consecutive weekly net outflow (over US$51m) amid rupee weakness and a recent 100bp policy rate hike after a 35% fuel price rise.
Sri Lanka's current account moved into a deficit in April 2026, driven by a wider trade gap from higher fuel (US$886m in April) and vehicle imports and weaker tourist earnings; the Jan–Apr trade deficit rose to US$3.7bn from US$2.3bn a year earlier. Gross official reserves were about US$6.8bn and the rupee had depreciated 5.4% YTD by end‑May.
Dividend · Rs 0.70
Dividend of LKR 0.7/share; FY 2025/26