Company filings and market news from across Sri Lanka's stock market.
Janashakthi Group reported consolidated FY25 net profit after tax of Rs. 5.24 billion and revenue of Rs. 24.76 billion. The investment banking arm (First Capital) contributed Rs. 13.77b, insurance Rs. 6.60b and finance & leasing Rs. 4.46b.
LankaPay CEO Channa de Silva said the Fintech Forum aims to position Sri Lanka as a regional fintech hub, noting Rs.1.3tn in cash circulation and Rs.34tn in digital transactions last year and urging bank–fintech partnerships to boost rural financial inclusion.
Samson Insurance Brokers Ltd (SIB), a subsidiary of DSI Samson Group, has obtained a life insurance brokering licence from the Insurance Regulatory Commission of Sri Lanka and will expand into life insurance brokering. The company appointed industry veteran Nimal Balawardhane as Executive Director, CEO and Principal Officer to lead the business.
Sri Lanka sold 240.7 billion rupees of 2029, 2031, 2033 and 2037 government bonds out of 295 billion offered; yields were 9.41% (15 Oct 2029), 10.00% (15 Mar 2031 and partially 01 Nov 2033) and 10.83% (01 Jul 2037). Settlement is July 1.
Sri Lanka Insurance Life was named LMD's 'Most Loved Life Insurance Brand' for the eighth consecutive year and reports the largest life fund in the industry at Rs. 213.2 billion. It disbursed over Rs. 1 billion on average in maturities/claims in 2024 and declared an Rs. 11.2 billion bonus for 2023.
High Court ruled foreign reinsurance brokers operating from outside Sri Lanka do not require registration under the Regulation of Insurance Industry Act. The judgment, from a dispute between Strategic Insurance Brokers Ltd. and UK-based Tysers over placements for NITF, clarifies past uncertainty and leaves NITF's SRCC&T arrangements unaffected.
Ceylinco Life concluded the 18th Family Savari rewards programme by sending 10 policyholders and their families (40 guests) on an all-expenses-paid three-night, four-day Malaysia tour; the programme rewarded 265 policyholder families in total.
Colombo market rallied as the ASPI rose 2% (a 344-point gain) to 17,536 and the S&P SL20 gained 1.66%, with turnover near Rs.6 billion. Capital Goods, Banking and Diversified Financials led activity; several listed names including John Keells, HNB Finance and Pan Asia saw strong participation and price gains.
Arpico Insurance PLC reported a Profit After Tax of Rs. 235 million for 2024, marking a strong recovery from the prior year. The company attributed the turnaround to staff and field sales efforts, strategic decisions and board leadership.
Sri Lanka stocks rose for a second session as a ceasefire held, with the ASPI up 2% to 17,535 and the S&P SL20 up 1.66% to 5,219. The index gain was led by John Keells, Browns Investments, SMB Finance, Industrial Asphalts and Co-operative Insurance, while turnover rose to Rs 5.9bn.
Sri Lanka sold Rs60.48bn of Treasury bills from Rs65bn offered, with yields mostly flat: 3M 7.55% (Rs7.91bn sold), 6M 7.75% (+2bp, Rs38bn sold), 12M 7.94% (Rs14.47bn sold); bids totaled Rs120.9bn. Settlement is June 27.
AIA Insurance and PodHUB hosted award-winning powerlifter and St. James Capital CEO Rohan Paulus on the second episode of the 'Rethink Healthy' podcast, part of AIA's global campaign promoting physical, mental, social and financial wellness.
Ceylinco Life concluded its 18th Family Savari rewards programme by sending 10 policyholders and their families (40 guests) on an all‑expenses‑paid three‑night Malaysia tour; the programme rewarded a total of 265 policyholder families with local and overseas experiences.
Nagarro hosted 'Navigate 2025', convening over 50 Sri Lankan BFSI leaders to discuss adopting technologies such as Agentic/Generative AI, small language models, intelligent process automation and quantum computing. Softlogic Life reported 75% of hospitalisation claims are settled within two minutes and 35% processed without human intervention.
AIA Sri Lanka announced winners of its debut AIA Healthiest Schools Programme, with Bogoda Maha Vidyalaya (Primary) and Jaffna Hindu College (Secondary) taking the top prizes. Launched in October 2024 and endorsed by the Education Ministry, the programme promotes healthy eating, active lifestyles and mental well‑being and drew over 100 school applications.
Dividend · Rs 5.00 · XD Jul 2, 2025
First Interim dividend of LKR 5/share; XD 2025-07-02; record 2025-07-02; payable 2025-07-22; FY 2025
Central Bank Governor Nandalal Weerasinghe urged Sri Lankan financial institutions to treat compliance as the foundation for public trust, calling for independent compliance functions with direct board access and for AI/analytics to complement (not replace) ethical governance. He warned recent penalties harm sector credibility and highlighted ESG, cyber security and third-party oversight as emerging compliance challenges.
Sri Lanka sold 114.6 billion rupees of Treasury bills on Jun 18, 2025, with yields mostly flat: 3M 7.55% (31.0bn sold), 6M 7.73% (64.3bn sold, +1bp), 12M 7.94% (19.2bn sold); total bids 217.6bn; settlement June 20.
Sri Lanka and France signed a bilateral agreement to reschedule €390m of French loans to 2042 with a five-year grace period and capped interest rates, aligning with the IMF’s €2.8bn EFF and supporting the country’s external debt-restructuring efforts.
Deputy Minister of Finance Dr. Harshana Suriyapperuma visited the Insurance Regulatory Commission of Sri Lanka on 13 June to discuss tax challenges, IFRS 17 implementation and measures to boost insurance penetration, and pledged continued government support to address sector bottlenecks.
CRIB held its Annual CEOs Forum and Institutional Awards 2025 with the Central Bank Governor and over 120 CEOs, and said it more than doubled its database in the last 6–8 months. It launched two analytics products and announced new credit scores, a mobile app and a secure transaction registry to expand digital credit inclusion.
Sri Lanka's rupee closed stronger at 300.70/301.00 vs Monday's 300.90/301.15, bond yields were broadly steady, and the central bank announced a Rs.132,000 million Treasury bill auction for June 18.
Sri Lanka's GDP grew 4.8% in 1Q2025, slowing from previous quarters and from 5.3% a year earlier; industry rose 9.7%, services 2.8% and agriculture fell 0.7%. The DCS said a relatively stable exchange rate and low interest rates helped underpin the growth.
Sri Lanka GDP grew 4.8% in Q1 2025, led by industry (+9.7%; manufacturing +9.6%, construction +10.7%) and services (+2.9%; financial services +14.6%, hotels & restaurants +14.0%), while agriculture contracted 0.7%. Authorities said a relatively stable exchange rate and lower interest rates aided the expansion.
IMF First Deputy MD Gita Gopinath said Sri Lanka’s complex debt restructuring — using state-contingent (GDP-linked) instruments, avoiding nominal domestic principal reductions, and focusing on lower rates and longer maturities — provides lessons to speed and simplify future restructurings.
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.
Lasitha Wimalaratne has been appointed Executive Director/Chief Executive Officer of HNB Assurance PLC. He has over 28 years of experience, joined HNB Assurance in 2019 and was previously COO and Principal Officer, having earlier served as GM – Life Operations at Softlogic Life Insurance.
Union Assurance (UAL.N0000) became the first Sri Lankan life insurer to achieve ISO/IEC 27001:2022 certification. The certification validates its Information Security Management System covering customer data, cloud governance, threat intelligence and Zero Trust controls; it is also implementing ISO 27701 for privacy.
Sri Lanka sold Rs17.5bn of on-tap Treasury bills at average yields of 7.55% (3-month) and 7.94% (12-month), with settlement on June 13. Market subscription was Rs22,532m and the debt office had raised Rs175bn in 3-, 6- and 12-month bills on Wednesday.