Company filings and market news from across Sri Lanka's stock market.
Colombo stock market ended the week up as the ASPI rose 0.14% to 23,801.96 while year-to-date net foreign selling approached Rs. 11.8 billion. Turnover was nearly Rs. 9.1 billion, led by banks and large crossings (notably Commercial Bank) with gains in ACME, JKH, Sampath, HNB, KZOO, Colombo Dockyard and Teejay.
The CSE will launch a digital listing portal in 2026 and commit to a seven-day review timeline once requirements are met to accelerate IPOs; this push, aligned with the SEC roadmap and an expected accommodative monetary policy, aims to boost listings and market liquidity.
Fairfax International bought 188.53 million shares in John Keells Holdings (JKH.N0000) for about Rs.4 billion, boosting its stake to 26.5% from 25.5%. The block sale totaled 194.438 million shares for Rs.4.32 billion (Rs.22.20/share for Fairfax) and follows JKH’s strong 3Q EBITDA growth of 68% to Rs.23.76 billion.
Cinnamon Hotels CEO Hishan Singhawansa said India’s rapid growth (GDP ~7.2%) and expanding middle class will boost Sri Lankan tourism, forecasting Indian outbound travellers to rise from about 20 million to 50 million in the next 5–6 years.
Ceylon Cold Stores PLC (Elephant House) celebrated 160 years in January 2026, highlighting continued focus on innovation, sustainability, portfolio expansion and digitalisation under the John Keells Group.
Hemas Holdings PLC reported 9M earnings of Rs.5.9bn, up 7.5% YoY on revenue of Rs.95.8bn (9.4% growth). Healthcare revenue grew 14.6% to Rs.57.6bn and the share price is up 68% YoY; the group also launched a digital transformation and Hemas AI Labs.
CIC Holdings reported consolidated 9MFY26 revenue of Rs. 70.28 billion (up 8.69% YoY) and PAT of Rs. 5.97 billion, with EBIT rising to Rs. 9.67 billion, as crop, livestock and health divisions offset disruptions from Cyclone Ditwah.
CT Land Development PLC appointed Chulantha Wickramaratne, former Auditor General (2019–2025), as an Independent Non-Executive Director. Wickramaratne has also held independent directorships at CT Holdings PLC and Cargills (Ceylon) PLC.
Hemas Holdings reported nine-month earnings up 7.5% to Rs. 5.9 billion on revenue growth of 9.4% to Rs. 95.8 billion, led by double-digit growth in Healthcare and Mobility; Cyclone Ditwah caused temporary supply-chain and demand disruption but recovery trends are evident.
CIC Holdings reported consolidated 9MFY26 revenue of Rs.70.28bn (+8.69% YoY) and PAT of Rs.5.97bn, with EBIT rising to Rs.9.67bn, despite cyclone-related losses in parts of its agricultural operations.
Colombo Stock Exchange turnover reached Rs. 11.11 billion in the session, led by John Keells Holdings which accounted for Rs. 4.31 billion of trades. The ASPI and S&P SL20 rose, 131 stocks closed higher, with Sampath Bank, Dialog Axiata, Acme and Ceylon Land & Equity among the top positive contributors and HNB contributing Rs. 1.51 billion of turnover.
Cinnamon Life at City of Dreams is hosting an extended Valentine's season from 1–22 February, offering multi-venue dining, music and wellness experiences including set menus, special desserts, live performances and spa packages.
Colombo market recovered as the ASPI rose 0.22% (52.82 pts) to 23,734.50, driven by high-net-worth crossings that made up 49.4% of turnover (COMB contributed Rs.3.2bn); market turnover was Rs.8.24bn and foreign investors were net sellers of Rs.1.3bn.
IFC proposes up to $20m to support John Keells' South Asia Gateway Terminals (SAGT) capacity expansion to fund new ship-to-shore cranes. The funding will use IFC’s MCPP with a parallel lender; IFC also announced a separate $166m SME financing package via NTB, Commercial Bank and NDB.
Ceylon Land & Equity (KZOO) will issue 614,156,734 new shares at Rs.7 in a 2-for-1 rights issue to raise about Rs.4.3 billion. Proceeds are to repay short-term borrowings and fund property development and portfolio investments, subject to CSE and shareholder approvals.
John Keells Holdings (JKH) is sponsoring the 33rd Kala Pola open-air art fair in Colombo on 8 February 2026. Nations Trust Bank (NTB) is named as the event's official banking partner.
Sri Lanka opened its first country pavilion at Source Fashion 2026 in London with 20 Sri Lankan apparel booths (including Hayleys Free Zone) to promote UK/EU sourcing. The UK's DCTS zero-duty concessions and relaxed Rules of Origin from 1 Jan 2026 are expected to increase export opportunities for Sri Lankan apparel makers.
John Keells Stock Brokers (JKSB) forecasts the ASPI will reach 28,000 in CY2026 (ASPI at 23,812), citing recurring earnings growth and scope for foreign inflows. JKSB also expects 4–5% GDP growth, muted inflation, potential primary fiscal surplus and increased IPO activity.
Government approved several measures to accelerate tourism, including a digital entry pass, expedited tourist visa processing, streamlined domestic air services and airport-to-destination bus links. The meeting was led by Minister Vijitha Herath and attended by stakeholders including John Keells Holdings chair Krishan Balendra.
The Colombo market ended lower with the ASPI down 0.37% (88.58 pts) to 23,812.31 amid profit-taking, elevated turnover and net foreign outflows (week net outflow > Rs.2.36bn); daily turnover was about Rs.9.2bn and foreign investors were net sellers (Rs.1.7bn yesterday).
Sri Lanka launched its first country pavilion at Source Fashion London 2026 with 20 booths to boost apparel exports and buyer links; UK’s DCTS zero-duty rules from 1 Jan 2026 are expected to improve market access for Sri Lankan apparel exporters.
Hayleys Agriculture (Hayleys PLC group) showcased modern agricultural technology and value-added products at the Jaffna International Trade Fair (23–25 Jan 2026), highlighting digitised, mechanised solutions and partnerships such as Kubota to boost on-field productivity and value addition.
Colombo market fell as the ASPI dropped 0.38% (91.22 pts) to 23,900.89 with turnover over Rs.6.9bn and foreign net outflow of Rs.20.9m. Top negatives included Senkadagala Finance, Ceylon Tobacco, John Keells, Carson Cumberbatch and C T Holdings while Prime Lands Residencies gained.
L B Finance PLC was assigned an initial entity rating of A+ with a Stable Outlook by Lanka Rating Agency. The agency cited its leading market position (≈12.3% of sector assets), strong asset quality, diversified lending (gold loans ~38%, leasing/vehicle ~42%) and noted it is 51.75% held by Vallibel One.
Aitken Spence Hotel Holdings' Heritance Hotels and Resorts was named Superbrands Sri Lanka’s Choice 2025. The award recognizes the brand's excellence, sustainability and experience-led hospitality across Sri Lanka and the Maldives.
Brown & Company PLC's Browns EV unveiled the BAW M8, marked 1,500 EV deliveries and announced an exclusive charging partnership with Qingdao TELD to deploy chargers nationwide. The M8 is priced at Rs.21 million and is claimed to have a range exceeding 1,050 km.
John Keells Properties said The Offices at Cinnamon Life in Colombo has reached full occupancy, with some floors sold to local and international corporates and supported by long-term tenants generating attractive rental yields.
The Offices at Cinnamon Life in Colombo has reached full occupancy, John Keells Properties announced, with some floors sold to local and international corporates and backed by long-term tenants delivering attractive rental yields. The mixed-use development links to hotels, retail and transport hubs.