Company filings and market news from across Sri Lanka's stock market.
EU Ambassador Carmen Moreno urged Sri Lanka to reapply for the EU's next GSP+, saying duty-free access boosted exports but fell short of driving industrialisation and calling for reforms and investment to boost competitiveness. Sri Lanka plans a National Export Development Plan targeting $36bn in exports by 2030.
Sri Lanka intends to apply to retain GSP+ privileges to maintain and expand preferential EU market access, EDB Chairman Mangala Wijesinghe said. He added GSP+ has been very beneficial, there is untapped export potential in Europe, and political leaders have given positive signals.
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%.
Pink Eagle Holdings (Pvt) Ltd is expanding its diversified group globally across tea exports, logistics, food manufacturing, hospitality and digital retail, highlighting Continental Tea's ADRA Ceylon 10th anniversary and launches such as the Avanti freight app and Pink Panda marketplace.
Sri Lanka Customs exceeded its May revenue target of 187.8 billion rupees before month-end, collecting 100.1 billion in the first 26 days and marking the fifth consecutive month of outperformance; it has reached 51% of the 2,207 billion annual target in the first 146 days as enforcement and rebounding imports boost collections.
Hayleys PLC reported FY2025/26 revenue of Rs.585.02 bn (up 19%) and consolidated Profit Before Tax of Rs.38.04 bn (up 4%). Consumer & Retail revenue rose 44% to Rs.156.74 bn, Q4 revenue grew 29%, the group completed a Rs.9 bn rights issue and Fitch affirmed a 'AAA (lka)' rating.
FTZMA met the BOI to press for extending VAT exemptions/zero-rating to indirect/deemed exporters to avoid 18% VAT on locally sourced raw materials. They also raised diesel price disparity between CPC and LIOC, proposed fuel sheds, and noted BOI will retain import/export services while recruiting staff.
United Motors Lanka PLC reported a Group profit of Rs. 3.61 billion for FY26, up from Rs. 73 million a year earlier. The recovery followed the lifting of the vehicle import ban, with Group revenue rising to Rs. 52.36 billion and strong after-sales and trailer exports supporting results.
The National Chamber of Exporters is pressing for a clear timeline as Sri Lanka's accession to the Madrid Protocol remains in the legislative phase, with the Legal Draftsman's Department finalising required statutory amendments and NIPO set to prepare an Action Plan once the draft is submitted. Joining the Madrid system would let exporters seek international trademark protection via a single application, lowering costs for sectors like tea, apparel, spices, gems, IT services and processed foods.
The IRD issued revised guidelines (Gazette No. 2481/17 dated 26 Mar 2026), effective retrospectively from 1 Oct 2025, changing VAT Risk-Based Refund taxpayer classifications and using five-year data and prior audit findings; more taxpayers may be classed high-risk and face pre-audits that can delay refunds beyond the 45-day window.
The Board of Investment launched the 'Ready to Invest' digital platform showcasing 30 pre-structured, shovel-ready projects across eight priority sectors to attract international capital. BOI says USD 1.9bn of approved projects are ready to break ground, with a further USD 1.4bn in the pipeline.
Aitken Spence PLC’s printing subsidiary won the WorldStar 2026 Award for Luxury Packaging, becoming the first Sri Lankan offset printer to receive a WorldStar. The award, presented at Interpack in Düsseldorf, highlights the unit’s packaging innovation, sustainability and export capability.
Indian CEO Forum re-elected Kishore Reddy as president at its AGM and reaffirmed commitment to deepen India–Sri Lanka business ties; Indian High Commissioner Santosh Jha urged investment, an upgraded FTA and cooperation across tourism, IT, infrastructure, manufacturing and services.
The BOI launched 'Ready to Invest', a digital platform showcasing over $3bn of investor-ready projects across eight priority sectors. BOI said Sri Lanka attracted $1.06bn FDI in 2025 and about $1.9bn of BOI-approved projects are set to commence, led by urban/mixed-use ($970m), manufacturing ($650m), tourism ($400m) and logistics ($385m).
IMF approved a US$695m disbursement to Sri Lanka under its EFF despite breaches including intensified import controls and a cyberattack that led to a missed US$2.5m external payment; authorities requested a waiver and pledged corrective actions.
Colombo stocks recovered after the CBSL hiked policy rates by 100bps, with the ASPI up 0.11% at 22,199.23 and turnover around Rs.1.86bn. DIAL, CCS, BREW, CARS and NDB were top positive contributors; VLL saw net foreign buying while AAIC saw net foreign selling and Food & Beverage led turnover.
Huawei executive He Tingbo presented the Tau (τ) Scaling Law at ISCAS 2026, proposing time (τ) scaling and LogicFolding as a new guiding principle to boost transistor density, performance and energy efficiency. Huawei says it has designed 381 τ-based chips and will launch LogicFolding Kirin chips in Fall 2026.
Dr. Nirmal De Silva launched his book 'The 15 Organizational Realities' at BMICH, Colombo, presenting fifteen recurring organizational patterns and practical leadership shifts based on over 7,800 engagements across more than 250 organisations. The launch included a panel of senior private- and public-sector leaders.
Dividend · Rs 2.00 · XD Jun 8, 2026
Final dividend of LKR 2/share; XD 2026-06-08; record 2026-06-08; payable 2026-06-25; FY For the year ended 31st March 2026
Samsung plans to invest $1.5 billion to build a semiconductor testing plant in Vietnam with construction underway and operations slated for November 2027; the plant would have capacity of 153.3 billion Gb DRAM and 255.6 billion Gb NAND and Samsung may reinvest up to $2.5bn for a second factory.
Huawei presented the Tau (τ) Scaling Law at ISCAS, proposing time (τ) scaling and LogicFolding to boost transistor density and system performance. Huawei says it has designed and mass-produced 381 τ-based chips, will ship Kirin chips using LogicFolding in Fall 2026, and expects 14 Å-equivalent density by 2031.
Ferrari unveiled its first fully electric car, the four-door Luce, priced at €550,000 ($640,000) with deliveries due in Q4 2026. The five-seater uses four motors for over 1,000 hp, offers 500+ km range, and is aimed at affluent buyers and expansion into markets such as China.
Colombo Stock Exchange was up midday, ASPI +0.54% to 22,294.71 with turnover Rs.700m and materials leading turnover at Rs.192.7m. Top movers included Hayleys, Sunshine and HNB (positive) while Royal Ceramics, SMB Finance and Aitken Spence fell; Jetwing Symphony declared a final dividend of Rs.0.50 and its shares rose 3.6%.
SLYCAN Trust held a Lighthouse Event on 21 May 2026 in Colombo to discuss strengthening climate and disaster risk finance and financial protection for communities, businesses and public institutions. The forum highlighted roles for commercial banks, insurers and sector-specific needs in tourism, agriculture and apparel.
ISO has published a Chinese-developed standard for corrosion testing of conducting alloys in AC conditions and IEC approved a Chinese-led offshore wind standard; the measures aim to improve conductor lifespan and could cut maintenance/operational costs by over 10%.
Tokyo Cement reported FY26 turnover of Rs.61,011m (+22%) and 4Q turnover of Rs.17,623m (+36%), with FY26 PAT of Rs.2,580m (down from Rs.3,459m). Profitability was hit by rupee depreciation, higher material, fuel and financing costs even as volumes rose 28% and national cement consumption grew 19% to 5.62m MT.
Dividend · Rs 2.50 · XD Jul 1, 2026
Final dividend of LKR 2.5/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY ended 31st March 2026
The Ceylon United Business Alliance urged the President and Finance Minister to impose a temporary ban on non-essential imports to protect USD reserves, saying restricting apparel imports alone could save about $75–150m per month. It named priority consumer sectors (apparel, footwear, tiles, plastics, processed food, furniture) while asking essential and tourism-related imports to continue.