CSE filing·May 11, 2026
Refurbishment / Upgrade of "Citrus Hikkaduwa”Construction ActivityTourism
Hikkaduwa Beach Resort PLC
CITH.N0000Hotels & Tourism · Hotels/Resorts/Cruise lines
Rs 4.70
+0.00%as of Aug 3, 2026
Price history
+42.42%
P/E
30.1
P/B
0.54
EPS
Rs 0.16
Div Yield
0.00%
Market Cap
Rs 2.6B
Beta
0.62
ROE
-3.7%
Op Margin
22.8% (-9.9pp)
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 1.8B | Rs -186.9M | -0.31 |
| 2024 | Rs 1.7B | Rs -662.7M | -2.08 |
| 2023 | Rs 1.2B | Rs -1.3B | -4.03 |
| 2022 | Rs 583.5M | Rs -377.5M | -1.16 |
| 2021 | Rs 344.4M | Rs -518.3M | -1.72 |
| 2020 | Rs 936.5M | Rs -310.6M | -1.11 |
| 2019 | Rs 1.2B | Rs -208.7M | -0.96 |
Recent dividends
- 2017Rs 0.09
- 2016Rs 0.10
- 2014Rs 0.12
About Hikkaduwa Beach Resort PLC
Hikkaduwa Beach Resort PLC is a Sri Lanka-based hospitality company operating resort and hotel properties in the Hikkaduwa coastal area. Its operations focus on accommodation, food & beverage outlets, event facilities and experience-led tourism targeted at leisure travellers. The company’s property portfolio highlighted in the report includes Hikkaduwa Beach Resort, positioned as an entertainment-led resort catering to beach enthusiasts, surfers and younger travellers with emphasis on live music, events and in‑house recreational offerings, and Citrus Hikkaduwa, a midscale, volume-driven beachfront hotel that targets budget and experiential travellers. The group markets its properties through international travel fairs, destination management companies and digital channels, and emphasises experiential tourism, cost optimisation, staff training and community engagement as part of its operational strategy in Sri Lanka.
AI analysis
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Generate an analysis →News sentiment
Describes news flow, not a forecastLast 30 days
Not enough news to read
No scored news in the last 30 days.
24 months positive negative 3-month net
Recent news
Daily FT·Jan 28, 2026·Management or board change
UDA Chairman Hemachandra joins Colombo Land and Development BoardColombo Land and Development Company PLC appointed UDA Chairman M.G. Hemachandra as a Non-Executive Director. As of end-September 2025 UDA held a 17.45% stake and Hikkaduwa Beach Resort PLC held a 20.22% stake in the company.
Construction ActivityIT & Digital
Daily FT·Jan 22, 2026·Market commentaryPositive
CSE rebounds, ASPI ends on new highASPI closed at an all-time high of 23,806.32, up 0.77% (182.58 pts) on turnover above Rs.9.8bn. Gains were led by Hayleys, Colombo Dockyard and Sampath Bank, with the capital goods and banking sectors among the top contributors.
Rupee & ForexExportersConstruction ActivityTourism
Daily FT·Dec 1, 2025·M&A / stake change
Colombo Land moves to amalgamate Liberty HoldingsColombo Land & Development has initiated the amalgamation of its wholly owned subsidiary Liberty Holdings, with both boards approving the move on 25 November and the merger to take effect no earlier than 20 working days after required filings and a gazette notice. Hikkaduwa Beach Resort (CITH.N0000) is listed as a top shareholder with 20.22%.
EconomyNext·Sep 10, 2025·M&A / stake change
Sri Lanka’s Citrus Leisure sells 10-pct stake in Hikkaduwa Beach ResortCitrus Leisure sold 62,500,000 ordinary voting shares of Hikkaduwa Beach Resort—over 10% of its issued voting shares—at Rs 3.50–3.70, the company said in a stock exchange filing. Citrus Leisure was trading at Rs 4.30 (+0.20) and Hikkaduwa Beach Resort was flat at Rs 3.50.
Tourism
CSE filing·Sep 9, 2025
Corporate Disclosure over 10% sale of Shares of Hikkaduwa Beach Resort PLCTourism
CSE filing·Feb 28, 2025
Reconstitution of Nominations and Governance CommitteeTourism
Daily FT·Dec 23, 2024·Management or board change
Samantha Ranatunga new Chairman at Citrus Leisure and subsidiariesCitrus Leisure PLC (REEF.N0000) has appointed Samantha Ranatunga as Chairman and Niran Mahawatte as an Independent Non-Executive Director for Citrus and its subsidiaries Hikkaduwa Beach Resort (CITH.N0000) and Waskaduwa Beach Resort (CITW.N0000). They fill vacancies left by the resignations of Suresh De Mel and Vasula Premawardhana.
Tourism
CSE filing·Dec 20, 2024
Re-designation of Mr.R.G Seneviratne as a Non-Executive Director and Reconstitution of Sub CommitteesTourism
CSE filing·Oct 1, 2024
Formation of Board Sub CommitteesTourism
Hotels & Tourism sector: what is happening
Last 30 days to Aug 4, 2026Tourism showed a July rebound led by India: arrivals surpassed 1.3 million by late month, though year-to-date remains about 2% below last year. Sector receipts fell 12% in 1H. Authorities cut 2026 targets due to Middle East-linked air corridor disruptions. BIA handled 4.75 million passenger movements in 1H with 1.14 million tourist arrivals. The Cabinet approved leasing five underutilised Presidential Residences to private investors for tourism development.
The stories behind it
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.