Company filings and market news from across Sri Lanka's stock market.
Sarvodaya Development Finance PLC (SDF) held its 'Achievers' Night 2025', honouring top performers with over 600 staff attending. SDF said it achieved full membership in the Global Alliance for Banking on Values and posted strong financial performance in FY 2024/25.
Amana Bank (ABL.N0000) relocated and officially opened its Ratnapura branch at No. 131-133, Main Street, offering full banking, SME and trade services plus a 24x7 banking zone with real-time deposits, withdrawals, cheque deposits and Pay & Go kiosks.
Union Bank launched an island-wide 'Ranvisadum' pawning campaign with a mobile promotional vehicle and two offers: free gold redemption up to Rs. 100,000 monthly and a free umbrella for transactions of Rs. 200,000+. The bank said pawning is being emphasised as a key retail business driver.
Colombo's ASPI rose 0.90% to 17,657.60, led by John Keells (JKH) and gains in major banks HNB, NDB, DFCC and Sampath, with turnover of LKR5.6bn. Export‑exposed names were mixed — Dipped Products and Haycarb fell while Teejay Lanka and Hayleys Fabric gained.
Sarvodaya Development Finance PLC (SDF.N0000) held its 'Achievers' Night 2025' on 10 May to honour top staff and reported a strong financial performance for FY 2024/25. The company also gained full membership in the Global Alliance for Banking on Values and rewarded top performers with foreign exposure tours.
Foreign investors bought US$9.1m of Sri Lankan rupee government securities in the week ended June 5, the third straight weekly inflow and part of US$19.2m of inflows over the past three weeks. Total inflows since Dec 26 stood at Rs26.2bn (US$87.3m).
HNB Finance reported profit after tax of Rs 765 million for 2024, up 23% y/y. The company said it will strengthen its lending by shifting toward secured loans, open two new branches, expand leasing and gold-loan portfolios, improve asset quality and received a Fitch upgrade to A(lka) Stable.
Colombo Stock Exchange ASPI slid 0.23% to 17,394.45 on Friday as profit-taking trimmed turnover; S&P SL20 fell 0.21%. The index was weighed down by Sampath Bank, Hayleys, Cargills, Browns Investments and Commercial Bank, while Teejay Lanka rose after outlining tariff coping strategies.
Colombo Stock Exchange All Share Price Index rose 0.47% to 17,434.94 for a third straight session, led by John Keells, Sampath Bank, HNB, Lion Brewery and Dipped Products. Market breadth was broadly positive with low interest rates, strong corporate earnings and PMI support; turnover was Rs 5.59bn.
Foreign investors bought US$8.28mn of Sri Lanka government securities in the week to May 29, marking a second consecutive week of inflows, the Central Bank said. Total inflows since Dec 26 reached LKR23.45bn (US$78.2mn), while the rupee has weakened slightly amid global safe-haven flows.
Colombo's ASPI rose 1.38% to 17,214.39, hitting an all-time high led by gains in banking stocks including Commercial Bank, Sampath, DFCC, Central Finance and HNB. Turnover rose to 7.3 billion and the S&P SL20 closed up 1.91%.
Colombo ASPI rose 0.74% to 16,979.89 on Monday, led by gains in banking shares including Sampath Bank, DFCC Bank, NDB and HNB, with Access Engineering also among top contributors. Turnover was Rs 5.8bn and the S&P SL20 gained 1.07% to 5,034.92.
Treasury Secretary Mahinda Siriwardana will retire at month-end to become an alternative executive director at the Asian Development Bank, President Dissanayake said. He led institutional, legislative and tax reforms that helped strengthen state revenues under the IMF programme, targeting revenues of 15% of GDP.
Colombo's ASPI rose 0.23% to 16,854.86 on Friday despite US tariff-related uncertainty; S&P SL20 closed up 0.37%. Top contributors were Hayleys, Capital Alliance Holdings (strong debut), Commercial Bank and NDB, with turnover at 5.16 billion rupees.
Janashakthi Finance PLC (formerly Orient Finance PLC) has formally rebranded under the Janashakthi Group to strengthen its market identity; all customer accounts and services remain unchanged and the company retains its Central Bank licence and a BB+ (Positive Outlook) rating from Lanka Rating Agency.
Sri Lanka's ASPI rose 0.33% (55.24 pts) to 16,712 on Wednesday with turnover of 4.2 billion rupees; top contributors were Hemas, Commercial Bank, Aitken Spence, Dialog Axiata and Sampath Bank, while John Keells weighed on the index after a 71% profit decline.
Mahindra Ideal Finance reported FY25 PAT of Rs.146 million, up 41% YoY, driven by 111% growth in disbursements and revenue of Rs.2.74 billion (+19%), with gross Stage 3 ratio improving to 1.86%.
A 10% stake transfer in Hatton National Bank (HNB) drove Colombo Stock Exchange gains: ASPI rose 0.98% to 16,657.63 and turnover surged to 18.7 billion rupees, with the HNB trade contributing 14.4 billion; HNB closed at 319.50 (up 17.25).
LOLC Finance PLC reported PAT of Rs.25.0 billion for the year ended 31 Mar 2025 (up from Rs.21.5b), with a loan portfolio >Rs.305b, deposits >Rs.225b and net NPL at 4.97%.
Mahindra Ideal Finance reported FY25 profit after tax of Rs.146 million, up 41% YoY, with disbursements rising 111% and the Gross Stage 3 ratio improving to 1.86%.
Foreign investors bought US$1.8mn (548 million LKR) of Sri Lanka government securities in the week to May 22, reversing the prior week's selling, Central Bank data showed. The rupee has fallen slightly since the tariff announcement and total inflows since Dec 26 stand at 20.96 billion LKR.
Colombo's All Share Price Index closed up 0.01% at 16,496.24 after a volatile session. Large-cap banking stocks including John Keells, Sampath, HNB and Commercial Bank fell and weighed on the market, while exporters such as Teejay Lanka and Hayleys Fabric rose marginally after a US trade-talks invite.
Hambantota Port said 9,151 vehicles have been imported through its facilities since vehicle imports were allowed in February 2025. The port said operations have been streamlined for faster clearing; the central bank reported about $200mn of vehicle imports and $450mn of letters of credit opened.
Central Bank cut rates by 25 basis points, lifting the Colombo Stock Exchange 0.19% as the ASPI closed 31.49 points higher at 16,504.86. Hemas, Co-operative Insurance, Sunshine, C T Holdings, Bukit Darah and Haycarb were among gainers while Teejay Lanka and Dipped Products fell.
Colombo ASPI closed 0.12% higher at 16,355.91 after volatile trading, led in part by Cargills rising to Rs.509.75; S&P SL20 was up 0.11% at 4,816.36. Turnover rose to Rs.2.4bn and banking, construction and consumer-durables shares were active.
Colombo Stock Exchange fell 0.37% as profit taking and concern over a proposed 18.3% electricity tariff hike weighed on markets, with the ASPI down 61.43 points to 16,336.25 and banking names notably weaker; turnover slipped to 1.5 billion rupees.
Foreign investors sold $4.6 million of Sri Lankan government securities in the week to May 15, Central Bank data showed. The rupee slipped slightly amid the selling, though Sri Lanka has seen net inflows of 20.4 billion rupees since Dec 26.
Colombo Stock Exchange rose 0.40% as the US-China tariff truce lifted sentiment; ASPI gained 64.40 points to 16,379.39, led by gains in John Keells, LOLC, Carson Cumberbatch, E B Creasy and Sampath Bank.
Sri Lanka's ASPI rose 1.29% (208.80 pts) to 16,340.04 as mid-cap buying and stronger retail interest lifted the market, with Melstacorp, Sampath Bank and Commercial Bank among gainers while NDB weighed on the index.
Amana Bank (ABL.N0000) opened its relocated Akurana branch at 352/7 Matale Road, providing a larger facility with full retail, SME and financing services including gold-certificate financing and a 24x7 banking zone. The bank donated book racks to three local schools.