Hotels & Tourism · Hotels/Resorts/Cruise lines
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 1.2B | Rs -169.2M | -0.19 |
| 2024 | Rs 1.1B | Rs -408.1M | -0.73 |
| 2023 | Rs 749.3M | Rs -708.2M | -1.26 |
| 2022 | Rs 350.8M | Rs -340.5M | -0.61 |
| 2021 | Rs 238.6M | Rs -335.2M | -0.60 |
| 2020 | Rs 623.3M | Rs -252.5M | -0.50 |
| 2019 | Rs 795.7M | Rs -213.3M | -1.06 |
No dividend records.
Waskaduwa Beach Resort PLC operates a luxury beachfront hospitality business centred on its flagship five‑star resort, Citrus Waskaduwa, located on Sri Lanka’s west coast with a 400‑metre beach frontage and 150 rooms. The resort provides accommodation, multiple food & beverage outlets, spa services, extensive gardens, banquet and event facilities tailored to both leisure and business travellers. The company’s operations encompass hotel room operations, F&B and banquet services, events and MICE (meetings, incentives, conferences and exhibitions), and related guest experience services, supported by digital and B2B marketing and collaborations with destination management companies. Management has pursued guest experience upgrades and a refurbishment programme, and is engaging with international operators about possible membership‑club partnerships. Waskaduwa Beach Resort PLC is described in the report as the flagship property of the Citrus Group and focuses on serving regional and domestic tourism markets while participating in international travel fairs and industry channels to attract higher‑value guests. Its operations and initiatives also include supplier procurement, energy‑efficiency measures and hospitality training programmes for local workforce development.
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Colombo market fell for an eighth session as ASPI dropped 0.60% (130.78 pts) to 21,697.72 amid renewed Middle East tensions, with turnover over Rs.1.4bn and foreign net outflow of Rs.91.7m. Declines were led by Commercial Bank, Melstacorp, Hayleys and John Keells, while capital goods, food & beverage and banking drove turnover.
Colombo Stock Exchange fell 5.35% for the week, wiping out nearly Rs. 424 billion in market value. The ASPI hit a two-and-half-month low at 21,497.08 yesterday, with heavy losses in banking and capital-goods counters including JKH, HHL, COMB, SAMP, DFCC, NDB and HNB.
Colombo Stock Exchange opened December sharply lower as the ASPI fell 3.04% to 22,022.06 following Cyclone Ditwah; the S&P SL20 lost 2.89% and turnover topped Rs.5.2bn with foreign net outflow of ~Rs.106.2mn. Capital Goods and Banking led turnover while Access Engineering rose and several banks and John Keells fell.
Colombo bourse rebounded as ASPI rose 0.8% (145 pts) to 18,142 on turnover of Rs.7.8bn, led by strong activity in Capital Goods and Banking; CTHR, DOCK, AEL, RIL and JKH were among top positive contributors.
ASPI rose 234 points (1.4%) to 17,214 on turnover of Rs.7.37bn, led by banking stocks with HNB, SAMP and COMB among top contributors. Turnover was 72% above the monthly average and foreigners recorded a net outflow of about Rs.273.6m.
Citrus 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 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.
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