Tokyo Cement Group reported Q4 turnover of Rs.17,623mn (+36% YoY) and PAT of Rs.577mn; for FY it posted turnover of Rs.61,011mn (+22%) and PAT of Rs.2,580mn, citing currency depreciation and higher material and fuel costs that weighed on margins.
Company filings and market news from across Sri Lanka's stock market.
Tokyo Cement Group reported Q4 turnover of Rs.17,623mn (+36% YoY) and PAT of Rs.577mn; for FY it posted turnover of Rs.61,011mn (+22%) and PAT of Rs.2,580mn, citing currency depreciation and higher material and fuel costs that weighed on margins.
Sri Lanka's services exports fell 6.13% in April 2026 to $317.16m. ICT/BPM exports rose 24.89% to $146.09m and financial services grew 119.41% to $10.45m, while construction and transport/logistics exports declined sharply.
BOI Acting Chairman Dr. Sulakshana Jayawardena unveiled a pipeline of 30 structured investment projects across manufacturing, logistics, tourism and infrastructure aimed at Vietnamese investors. He said Sri Lanka has regained macro stability with GDP growth of 5% in 2024–25 and FDI rising to $1.063bn in 2025 (target $1.5bn in 2026).
The Sri Lankan–German Business Forum 2026 will run 27–29 May in Colombo to promote FDI in maritime, ports and logistics and to showcase Sri Lankan IT startups. The conference, attended by the Prime Minister, will focus on port infrastructure financing, boosting exports to the EU and digitalisation.
President Anura Kumara Dissanayake said Sri Lanka faces external pressures from the Middle East conflict—higher oil and import costs and rupee depreciation—but rejected a repeat of the 2022 collapse, noting Central Bank reserves near $7bn and a $700m inflow expected; he assured no shortages of fuel, gas, milk powder or fertiliser.
Deputy Finance and Planning Minister Dr. Anil Jayantha Fernando defended Sri Lanka's flexible exchange rate and independent monetary policy amid rupee pressure, noting the interbank rate averaged Rs.330/USD (bids Rs.327, offers Rs.332). He warned fuel import costs could hit $521m in May, forecast remittances above $9b and expected IMF tranche approvals.
China Harbour Engineering Company topped out the main structural works for 112 housing units at the Maharagama site on 12 May 2026, part of a 1,996-unit China-funded affordable housing project in Colombo. Work will proceed to interior finishing, installations and subsequent completion and handover.
The 21st Build SL Housing and Construction International Exhibition opened at BMICH, highlighting a construction-sector resurgence: Q3 2025 activity grew 12.2% year-on-year and cement supplies rose 17.7%.
Dividend · Rs 0.20 · XD Jul 1, 2026
Final dividend of LKR 0.2/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 31st March 2026
Sri Lanka's Board of Investment pitched a pipeline of 30 project-ready opportunities to Vietnamese investors as the economy rebounds — GDP grew 5.0% in 2024 and 2025 and FDI rose to US$1.063bn in 2025. Projects span manufacturing, logistics and port services, tourism, pharma, and mixed infrastructure developments.
Colombo Stock Exchange traded higher midday as the ASPI rose 0.24% (52.94 pts) to 21,886 with turnover Rs.807m, led by gains in John Keells and DFCC. Lanka Ceramic declared a final dividend of Rs.6.40 and Swisstek recommended a final dividend of Rs.0.40 per share.
Serendib Land PLC appointed Premarajah Pranavan as an Independent Non-Executive Director and Senthilverl Senthi Aathavan as a Non-Independent Non-Executive Director to its board.
Dividend · Rs 0.40 · XD Jul 1, 2026
Final dividend of LKR 0.4/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 31st March 2026
The Cabinet approved plans to draft Sri Lanka’s first inbound labour migration policy to regulate recruitment and oversight of foreign skilled and semi-skilled workers; a Steering Committee will be appointed to prepare the draft framework to address sectoral labour shortages and centralise monitoring.
China Harbour Engineering Company (CHEC) topped out the main structural works for 112 housing units at the Maharagama site on 12 May 2026, part of a China-funded 1,996-unit affordable housing development in Colombo; interior finishing and installation work will follow.
Sri Lanka told an SCO delegation it is keen to join Shanghai Cooperation Organization initiatives and sought support to promote tourism and investment, highlighting Port City and Free Trade Zones. Talks focused on boosting engagement in tourism, transport, logistics and agriculture.
Colombo Stock Exchange rose with ASPI up 0.75% (164.01 pts) to 21,953.06 and S&P SL20 up 0.71% to 6,076.69; market turnover was LKR 1.014 billion, led by banks (LKR 296.2m). Central Industries declared a final dividend of LKR 6.00/share and its shares were up 3.21% at LKR 224.75.
Prime Melwa Port City has formally commenced its marina-front residential development and sales at Port City Colombo, promoted as 'Asia’s Global Marina Front Masterpiece'. The project is developed by Prime Group with Melwa and designed by P&T Singapore, targeting luxury waterfront living.
Sri Lanka's rupee sold at Rs.345.50 to the US dollar (TT selling) on May 20, with intraday spot trades at 329.25–330.25; bond yields rose, with 2029–2034 maturities moving up to around 10.30–11.50%.
Dividend · Rs 6.00 · XD Jun 30, 2026
Final dividend of LKR 6/share; XD 2026-06-30; record 2026-06-30; payable 2026-07-17; FY 31st March 2026
Colombo Stock Exchange closed down as the ASPI fell 1.98% to 21,856 amid concerns over rupee depreciation (buy 334.50 / sell 343.50). Top negatives included Melstacorp, Sampath Bank, John Keells, Ceylinco Insurance and HNB; Swisstek rose, and Ambeon reported a Q3 loss of Rs.221.7m with its share down 4.72%.
Ambeon Capital PLC reported consolidated PAT of LKR 3,242 million for FY2025/26, up 104% YoY. Group revenue was LKR 19 billion (+12%), with strategic moves including increased stakes in DFCC (9.91%) and Seylan (9.93%), a 13.33% holding in Ceylon Hotels and a planned controlling stake in Harischandra Mills.
Dr. Saman Mahawatta was appointed Director/Chief Executive Officer of Prime Constructions (Pvt) Ltd and seconded as CEO of Prime – Melwa Port City (Pvt) Ltd. Prime Constructions, established in April 2023, has achieved CIDA C1 grade and ISO 9001:2015 certification.
John Keells Holdings' real estate arm reports The Offices at Cinnamon Life have achieved Colombo's highest office rents at USD 3/sq ft/month (~LKR 950/sq ft/month) with potential investor yields up to 8%, driven by strong demand for integrated premium office space.
The ASPI fell 2.59% (592.28 points) to 22,313.47 — its third-largest single-day points decline — as the CSE closed sharply lower with turnover nearly Rs.4.9bn and foreign net outflow of Rs.114.3m. Key negative contributors included John Keells, RIL Property, Hayleys, Commercial Bank and Colombo Dockyard while capital goods and banking sectors led turnover and losses.
Groundworth (Pvt) Ltd launched "The Infinity", a 19-plot premium land development in Piliyandala–Polgasowita with prices from LKR 1.2 million per perch. The site is 500m from Colombo–Horana Road and 1.5km from the Kahathuduwa interchange, pitched for residential demand and connectivity.
The Ceylon Chamber of Commerce will host the Sri Lanka Climate Summit 2026 on 9 June 2026 at Taj Samudra, shifting focus to implementation, technical readiness and climate-linked finance. Platinum sponsors include Commercial Bank and Dilmah Tea; strategic sponsors include Nestlé Lanka, Cargills and Colombo Stock Exchange.
Continental Cars & Commercials Pvt Ltd will reintroduce a major German automotive brand to Sri Lanka with an official launch in Colombo later this month and is building a modern showroom and fully equipped workshop. The company says it will provide comprehensive aftersales support, trained staff and a customer loyalty club; the brand and lineup will be announced ahead of the launch.
Emirates has broken ground on a US$5.1 billion, 1.1 million sqm engineering MRO complex at Dubai South that can service 28 wide-body aircraft simultaneously and targets LEED Platinum, with construction due for completion by mid-2030.